I have this question for a while and I don't know the answer to it. Is it possible that the high rate of online fraud in Nigeria can also be blamed on the poor performance of our currency?
I mean If naira is competing well with other foreign currencies and $1 is equal to just 5 naira, do you think Nigeria youths will still go into online fraud cuz if you steal $1000 dollar from an American and you change it to naira, you will only get #5000 so it's not worth the stress right?
Just curious.

They will device another illegal means of stealing because nobody want to work for #20k salary.Na perpetual poverty be that.

Fraud will never stop,they see pressing as an easy task than getting down to sweat on a job.

Even d pressing hard pass 9 to 5 job sef as people are getting wiser by the day.

samuel051:
Fraud will never stop,they see pressing as an easy task than getting down to sweat on a job.

Even d pressing hard pass 9 to 5 job sef as people are getting wiser by the day.

Exactly my point so since pressing is hard, a lot of people will leave the hustle if dollar and another top currencies goes to pal with naira cuz they will know its not worth the stress.

Kelvin30286063:

Exactly my point so since pressing is hard, a lot of people will leave the hustle if dollar and another top currencies goes to pal with naira cuz they will know its not worth the stress.

my point is they will see it as less stressful, staying at home smoking and doing other shit than going out to stress. Even if naira is world strongest currency,fraud won't stop as some people will see it as free money made from the comfort of their home.