EFCC Raises Alarm Over Rising Cybercrime Among Nigerian Youths

By Clarion Newschannel TV Online
Abuja | October 28, 2025

The Economic and Financial Crimes Commission (EFCC) has expressed deep concern over the increasing rate of cybercrime among Nigerian youths, warning that the disturbing trend poses a serious threat to the nation’s moral fabric, economic integrity, and global reputation.

Speaking at a press briefing in Abuja, the EFCC Chairman, Ola Olukoyede, lamented that a growing number of young Nigerians are becoming involved in internet-related fraud, popularly known as “Yahoo Yahoo,” despite the commission’s intensified sensitization and enforcement efforts.

According to Olukoyede, over 5,000 youths were arrested across the country between January and September 2025 for various forms of cybercrime, including identity theft, romance scams, investment fraud, and cryptocurrency-related offenses. Many of the suspects, he noted, are university students and recent graduates lured by the illusion of quick wealth.

> “We are worried that our young people, who should be using technology to innovate, are instead using it to defraud others,” Olukoyede said. “This trend must be urgently reversed through moral reorientation, digital literacy, and the strengthening of family and community values.”



The EFCC boss revealed that several joint operations with international agencies such as the FBI and INTERPOL have uncovered sophisticated cyber networks operated by Nigerians both within and outside the country. He emphasized that cybercrime is now a transnational challenge requiring collective action.

The Commission has also renewed its partnership with schools, youth groups, and social influencers to promote integrity and responsible use of technology. A nationwide anti-cybercrime campaign tagged “The Real Hustle Pays” is expected to kick off in November to engage young people on the dangers of fraudulent online behavior.

Economic experts warn that Nigeria risks long-term economic consequences if the trend continues unchecked. Many foreign investors have cited concerns over internet fraud as a key factor discouraging investment in Nigerian startups and digital sectors.

Civil society organizations have also called for a balance between enforcement and rehabilitation. They advocate skills training, mentorship, and digital entrepreneurship programs to redirect the creativity of young Nigerians toward productive ventures.

As EFCC intensifies its clampdown on internet fraudsters, it continues to urge parents, educators, and community leaders to play active roles in shaping the moral direction of the next generation.

> “Nigeria’s youth are its greatest asset,” Olukoyede concluded. “But if we fail to guide them right, that same potential could become our greatest problem.”




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