Posted by African Examiner
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Wednesday, September 17th, 2025

(AFRICAN EXAMINER) – The Economic and Financial Crimes Commission has cautioned that the summation of net fraud is expanding visa restrictions for guiltless Nigerians abroad.
The EFCC Chairman, Ola Olukoyede, stated that fraudulent practices speech from destroying the aboriginal of those involved, besides taints the planetary representation of Nigeria and this leads to stricter question conditions for law-abiding citizens.
Olukoyede, who was represented by the Chief Superintendent of the EFCC, CSE Coker Oyegunle, stated this during an lawsuit successful Port Harcourt, Rivers State, organised by the Coalition of Nigerian Youth connected Security and Safety Affairs.
He said: “The EFCC brag highlighted that net fraud, wealth laundering, and economical sabotage outgo Nigeria billions of naira annually, undermining nationalist maturation and depriving citizens of infrastructure, jobs, and opportunities.
“Beyond the economical damage, helium pointed retired that the crimes erode Nigeria’s planetary representation and taxable guiltless Nigerians to stricter visa restrictions abroad.”
He tasked young radical crossed the state to transmission their vigor into productive endeavors similar integer innovation, entrepreneurship, agriculture, and the originative industry.
He was quoted arsenic saying, “Fraud is not success; it is simply a trap. Easy come, casual go. Many who travel the way of ‘yahoo-yahoo’ ever extremity up losing their freedom, reputation, and future. The instrumentality is catching up with them and integer footprints ne'er disappear. Don’t destruct your time with shortcuts today.”
Olukoyede reaffirmed the commission’s readiness to intensify sensitisation, enforcement and collaboration with communities to combat fraud and related crimes.
lso speaking astatine the event, a typical of the National Drug Law Enforcement Agency, Mathew Ewah, warned that cause maltreatment remained 1 of the astir unsafe threats facing Nigerian youths, portion the Nigeria Security and Civil Defence Corps cautioned against pipeline vandalism successful the South-South.
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