Shun the Get-Rich-Quick Syndrome : EFCC Boss Warns Nigerian Youth

The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to Nigerian youths saying that the fast-money dream was a dead end.

EFCC Chairman Mr Ola Olukoyede , who spoke through the  Benin Zonal Director  Mr Effa Okim, delivered a  message to  the Nigerian Universities Engineering Students Association (NUESA), urging  them to reject  cybercrime and embrace hard work.  

 
Mr Olukoyede said the growing trend of students diving into  (internet fraud popularly known as   Yahoo-Yahoo  because  of flashy cars and fake luxury  is a Road to Ruining their lives.

While giving instances of a 21-year-old student buying a 30 million  Naira car,  he declares it as  ignorance—and greed. 

He called out the toxic mindset of quick wealth, warning that society  values have been eroded as more young people chase illegal money instead of education and integrity.  


 The NUESA. President     Comrade Joshua Ojo Idemudian praised the EFCC’s anti-corruption war and sought collaboration for an upcoming National Engineering Conference where students will be taught the harsh realities of cybercrime.  

Meanwhile, Young African Leaders Initiative (YALI) Edo Network  also visited the EFCC, seeking partnership to **"shape a saner, more accountable society."** Coordinator **Chinye Patrick-Biose** emphasized youth reorientation, urging teamwork to combat corruption.  

 
Mr Okim assured both groups of the Commission’s readiness to partner with stakeholders, stating, that EFCC Operates an open door policy and that they are always open for  open for meaningful collaboration. 



Media & Publicity – EFCC | May 22, 2025*  

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