The Digest:
The Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, has voiced serious concern over the rising involvement of Nigerian youths in internet fraud, emphasizing its detrimental impact on the nation's reputation and its ability to attract foreign investment. Speaking through Effa I. Okim, Acting Zonal Director in Benin, Olukoyede highlighted that this pervasive cybercrime has become a National Disgrace, hindering economic growth and stifling local industries.
Key Points:
- EFCC Chairman Ola Olukoyede warned against youth internet fraud.
- He stated it damages Nigeria's reputation globally.
- Cybercrime discourages vital foreign investment.
- Online fraud among youth is a national embarrassment.
- Consequences include lost investor confidence and stifled creativity.
- Olukoyede urged youth to pursue positive ventures.
- He affirmed that Nigerian youth are talented and globally competitive.
