₦airaland Forum

Olukoyede Charges South-South Youths against Fraudulent Practices

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has called on youths in the South-South region to resist the lure of internet fraud and other financial crimes, describing fraud as a deadly trap that destroys lives and future.

He gave this charge in Port Harcourt, Rivers State on Monday, September 15, 2025 at an event organized by the Coalition of Nigerian Youth on Security and Safety Affairs (CONYSSA).

Speaking on the theme, “Uniting South-South Youths in the Fight Against Cultism, Pipeline Vandalism, Internet Fraud, Money Laundering, Drug Abuse, Human Trafficking and Economic Sabotage,” Olukoyede , who spoke through Head, Advance Fee Fraud Section, Port Harcourt Zonal Directorate of the EFCC, Chief Superintendent of the EFCC, CSE Coker Oyegunle, warned that while fraud may appear to offer “easy money,” it ultimately leads to shame, imprisonment, and lost opportunities.

“Fraud is not success; it is a trap. Easy come, easy go. Many who follow the path of ‘yahoo-yahoo’ always end up losing their freedom, reputation, and future. The law is catching up with them and digital footprints never disappear. Don’t destroy your tomorrow with shortcuts today,” he said.

The EFCC boss highlighted that internet fraud, money laundering, and economic sabotage cost Nigeria billions of naira annually, undermining national growth and depriving citizens of infrastructure, jobs, and opportunities. Beyond the economic damage, he pointed out that the crimes erode Nigeria’s international image and subject innocent Nigerians to stricter visa restrictions abroad.

The EFCC’s boss urged the youth to channel their talents into productive ventures such as digital innovation, entrepreneurship, agriculture, and creative industries, all of which offer sustainable opportunities without the risks of crime.

He also reminded the audience that Nigeria’s strength lies in its young population: “Youths are the engine of our nation. If you choose fraud, you are choosing to destroy your tomorrow. But if you choose creativity, innovation and honesty, you are building a Nigeria that will compete with the best in the world”, he said.

The Chairman reaffirmed the Commission’s readiness to continue its sensitization, enforcement, and collaboration with communities to combat fraud and related crimes, while calling on all stakeholders, especially young people to be partners in building a nation defined by integrity and prosperity.

Source: https://www.facebook.com/share/p/14HxfQg4PAk/

What are politicians doing? 😂😂😂..... Very embarrassing statement

Yes like the Osun state Oba that was jailed in United States for Internet fraud .

Dear EFCC, this is pure lies. You guys know nothing about this topic, please stay on your lane. Its unfortunate that EFCC have derailed from their original mission of combating all forms of financial and economic crimes to just chasing internet fraudsters alone, who constitute less than 2% of the economic and financial crimes that destroyed Nigeria's economy and reputation.


Now back to the topic, the main reason most western countries are restricting visa issuance to Nigerians is due to Nigerian people's bad habit of overstaying their visa duration in their destination countries. Most developed countries frown at visa overstay, not because of internet fraud as alleged by EFCC.


If it's about fraud and corruption, no foreign nation will issue visa to any past or present Nigerian politician and government officials, including EFCC officials who always end up being more corrupt than those they accuse of corruption

It's interesting to see this motivational speaker who doesn't know his right from his left blaming those who steal thousands for everything wrong with Nigeria because he's trying to defend those who steal in billions.

Every country is judged by the character of its elites...

Yahoo Yahoo politicians he meant, they just think foreigners can't read or see what is going on . How EFCC allows people like Yahyah Bello to be walking freely, but arresting school students.

..i have never seen an empty efcc shiaman like this stooge..

..this man, if he is not using Yahaya bello to swear against himself..he will be busy giving useless motivational speeches or chasing Nigerians in the name of Yahoo..

..See the shiaman.

But u guy know 90% of fraudsters, you only scratching the surface and leave deep inside.

Just like DPO knows 75% criminals in his domain, but would be dozing or pretending to be sleeping.

And not you who allow corrupt people walk free so you can curry one favour or the other??

Square pegs in round holes!

You forgot to include politicians abi you de fear

Not just Internet fraudsters....
Drug peddlers too....
Cultists...
Nigerians who are prone to doing evil irrespective of where they find themselves...

I don't blame these western government for asking us to leave their country...

If we are not scamming them, we are filling up their streets with drugs....

If its not drugs, we are fighting in broad day light because of cultism....

If not that, then we are raping their women and exposing their children to all sorts of bad things....

So for me... I don't blame them one bit...

Criminal tendency is embedded in the dna of alot of Nigerians such that anywhere they find themselves....they just want to cause problems

More like the rise of the far right in developed countries, which is forcing mainstream parties to restrict immigration.


Far right issues go way back, so can't blame internet fraudster

Same no dy catch una

How many of the internet fraudsters dy travel abroad?

So which one are corrupt politicians responsible for?

Yes EFCC is right on this, including people who carry drugs and spoil peoples country..

I don't really understand, why some people will pray and fast to leave Nigeria to a developed country where even a cleaner earn more than a banker and you still go ahead and do all sort of bad things to dent the image of the country and those with genuine intention..

Some people don't think at all..

While this might be correct
It is only laughable .

Nigeria not only exported fraud, they also exported gangsterism and flamboyance to relatively quiet countries.

Nigeria is not the most fraudulent nation, infact we are not as fraudulent as people make us to be, however we are a very awful set of people, we are lazy, careless, proud and wicked, and we rub it on the face of people

While EFCC is respobsible for Nigeria economic woes..

If EFCC is checkmating our economic financial leakages, why will nigerians leave their comfort to serve another..

Leaving out d log in their eyes to removing a dust in anothers eyes commission..

That is very correct, internet fraud is the main reason why there is visa restr.

That is very correct, internet fraud is the main reason why there is visa restrictions

one is still sending DSS to drag with sowore.chai I remembered Oba wire wire in USA prison

politicoNG:
Source: https://www.facebook.com/share/p/14HxfQg4PAk/

Internet fraudsters who live in Chicago with Reno

swaggerjack:
Reno Omokri: I Challenge Tinubu To Prove If He Was Not A Drug Lord In Chicago




https://www.youtube.com/watch?v=7DLrnL6rQ6M?si=uMMUVFfetODTr4Fw

So not our corrupt politicians abi?
I have said it times without numbers
These pple no get us for mind

jimwest:
What are politicians doing? 😂😂😂..... Very embarrassing statement

Ask them oo, peer pressure catch Dimubu, e say social media inspection before visa to Nigeria will be approved 🤣

Like the oba Yahoo from osun abi. Had that oba be in Nigeria he would have still be walking free. Efcc are only after young boys who dress nice. Awon weyrey.

politicoNG:
Source: https://www.facebook.com/share/p/14HxfQg4PAk/

What about corrupt politicians? and fraudulent businessmen

I don't think so, there are too many applicants from Nigeria, hence the restrictions by these developed countries.

And what about looting politicians

Why Canada banned Apc and PDP parties, you no dey talk that one?

politicoNG:
Source: https://www.facebook.com/share/p/14HxfQg4PAk/

yes it’s true include dapo SA Oba of Osun and the local government chairman flexing in jail now and other politicians that’s into fraud but haven’t got caught yet they think is d only youth are into fraud anyway they know d truth sha but they have to blame always as usual