The rate at which anti-graft agency arrest perpetrators of internet related fraud in recent time call for sober refection on the existence of Nigeria as a country.
Cybercrime has eaten deep into fabrics of the nation and posses a future danger for economic prosperity of the country. The Economic and Financial Crimes Commission, EFCC has labeled some areas hub of 'Yahoo Boy' due to large concentration of internet related fraudsters in the location.
Photo Credit: Daily Post
EFCC has arrested no fewer than 402 young individuals between ages 25-34 for internet related fraud in Lekki, Lagos within 3 months of operation. Other highbrow areas like Oniru, Badore, Ajah, Eko Atlantic, Sangotedo and Victoria Garden City also witnessed high concentration of internet related fraudsters.
The internet related fraudsters popularly called "Yahoo Yahoo" is taking a dangerous dimension going by the number of students involve in cyber crime.
Photo Credit: Vanguard Newspaper
Cyber related crime take different forms such as hacking, romance scam, credit card fraud, forgery, dating scam, impersonation among others.
In order to save Nigeria from becoming heaven of internet related fraud, the following are ways to stop internet related fraud among youths in the country:
1. Re-orientation of Values: as a matter of urgency, there is need to re-orientate youths in the country on how to uphold and sustain sound values of honesty, integrity, contentment among others. The National Orientation Agency (NOA) and other agencies of government that preach sound and moral character for youths should swing to action to rescue the country. If this is done, internet related fraud will not only reduce but redeem the image of Nigeria in global community.
2. Employment Creation: no doubt, unemployment also drive many young individuals into criminal activities. Unemployment refers to those that are willing and able to work but unable to get well paid job. According to Bloomberg's report, Nigeria has the third highest unemployment rate at 33.3 per cent among list of 82 countries. Overcoming this problem will play a critical role in defeating internet related fraud in the country. Once the jobs are available for young people to do with good pay, they will desist from engaging in internet related fraud.
3. Poverty Eradication Programme: as a way of putting an end to trend of internet related fraud in the country, the government can intensify effort on poverty reduction programme. This will no doubt accommodate those without formal education and those with formal education. Currently, the arm of National Social Investment Programme (N-SIP) of the President Muhammadu Buhari government can be extended to accommodate more youths. Over 500,000 graduates have benefitted from the scheme through N-Power, Trade Moni and others.
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