Olukoyede warns against rising youth involvement in internet fraud

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Abuja, Nigeria – The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has raised serious concerns about the growing number of young men engaging in internet fraud.

He emphasized that this dangerous trend threatens their future and mental health.

Speaking through ACE II Aisha Mohammed, Head of the EFCC’s Enlightenment Unit, Olukoyede delivered his message during the 2025 International Day of the Boy Child event in Abuja.

Cybercrime has become a widespread menace with devastating consequences, Olukoyede stated.

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Many young boys, lured by quick money or peer pressure, fall into this illegal activity.

However, the long-term effects—such as anxiety, depression, and fear of arrest—far outweigh any short-term gains.

He described cybercrime as a destructive path that ruins opportunities for genuine success.

To combat this issue, the EFCC is launching a Cybercrime Research Centre.

This initiative will promote digital literacy, innovation, and ethical behavior among youths. Olukoyede urged young people to reject crime and instead pursue meaningful goals.

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“The mind is either a goldfield or a furnace,” he remarked. “A healthy mind fosters growth, while an unhealthy one leads to ruin.”

Other leaders at the event echoed these concerns. General Buba Marwa (rtd) of the NDLEA warned youths against drug abuse and unethical shortcuts.

“Success requires hard work, not deception,” he advised. Meanwhile, Justice Mainasara Umar Kogo stressed the need for proper education and parental guidance to steer boys away from crime.

Dr. Hillary Akpua, President of GAIYD, highlighted society’s neglect of boys’ moral upbringing as a key factor in rising criminality. He called for stronger educational and mentorship programs to shape responsible men. The event concluded with a call for collective action—families, schools, and government must work together to secure a brighter future for Nigeria’s youth. By fostering integrity and resilience, they can help young men avoid fraud and achieve lasting success.

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