17.9.2025
Economic and Financial Crimes Commission (EFCC) chairman, Ola Olukoyede has pointed accusing fingers at online fraudsters popularly known as Yahoo Boys of making it difficult for Nigerians to get visas easily at foreign embassies in Nigeria.
Mr Olukoyede said in a statement posted on the EFCC X social media platform that law-abiding Nigerians have been made to suffer indignity because of the activities of Yahoo Boys.
“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, the crimes erode Nigeria’s international image and subject innocent Nigerians to stricter visa restrictions abroad.
“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, however, reaffirmed the commission’s commitment to intensifying sensitisation campaigns, enforcement efforts, and collaboration with local communities to curb cybercrime and related offences.
