External Fraud: A Smear on the Country

Regrettably, Nigeria is becoming known for its fraudulent activities. In the 1990s, a fax scam tainted the Nigerian image. The fax informed the then British business moguls of a detained Nigerian crude oil tanker due to low prices and that upfront fees were required before the tanker could be released. Furthermore, any business mogul who contributed to the upfront fee was promised a share of the crude oil upon the release of the crude oil tanker.

In present-day Nigeria, scammers implement what is called advance fee fraud or 419 fraud, gotten from the reference to the criminal code, section 419 states that: "Any person who by any pretence, and with intent to defraud, obtains from any other person anything capable of being stolen, or induces any other person to deliver to any person anything capable of being stolen, is guilty of a felony and is liable to imprisonment for three years."

However, the country struggles to redeem its reputation amidst the arrest of some political and public figures for fraud-related offences. Then, the question of procedures for scrutinizing people at the helms of power pops up. How thorough is the background check of elected or nominated candidates?

Albert Schweitzer once said, “The three most important ways to lead people are by example, by example, and by example.”

To fight this stench, the Nigerian leaders need to lead by example and bring fraudsters to justice to regain their reputation. God bless Nigeria!

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