Internet Fraud In Nigeria And 10 Reasons The Youth Indulge In It.

Internet Fraud In Nigeria And 10 Reasons The Youth Indulge In It.

Internet Fraud, commonly referred to as “Yahoo Yahoo” has become a widespread issue in Nigeria, particularly among young people.

 

This phenomenon involves using social media platforms and dating sites to deceive victims.

Furthermore, Many have died as a result of this internet fraudsters who heavily invests in JUJU practices

Firstly, let’s look at the Types of Yahoo Yahoo Formats.

There are various types of Niche in this fraud, for example;

1- Dating scams

2- Cryptocurrency scams

3- Military consignment scams

4- Celebrity impersonation scams

• Additionally, there are major cities where Training and Operations of internet activities takes place in Nigeria.

Many Nigerian cities, such as Asaba, Owerri, and Lagos, have become hubs for the training.

Some individuals even travel to Ghana to learn these tactics. In fact, some people travels to far away countries in Asia like Cambodia, Malaysia, even Thailand.

However, there are Factors Contributing the high rate of Youth indulging in this Game;

1. *Poverty*: Nigeria’s high poverty rate drives many young people to seek alternative means of financial support. Many homes who cannot afford the standard of living sees yahoo yahoo as a means of financial freedom but most time, they ended up doing the wrong thing or getting arrested.

2. *Economic Crisis*: The country’s economic downturn has led to widespread unemployment and desperation. The inflation which Nigeria is experiencing for the past 8 years under the Government of APC Leadership is a major contributor of these societal menace.

3. *Peer Pressure*: The influence of friends and peers can encourage individuals to engage in internet fraud. Those who made wealth through this illegal means ended up influencing others who are ever ready to seek same route.

4. *Corruption*: Widespread corruption in government and society perpetuates a culture of dishonesty.

5. *Lack of Employment*:

Unemployment and underemployment drive many young people to seek alternative means of financial support.

6. *Limited Education and Skills*: A lack of education and skills can limit job opportunities, leading some to engage in internet fraud. Moreover, most youth in Nigeria sees education as a scam, thereby not giving it a full attention.

7. *Social Media*: The widespread use of social media platforms provides an easy means for scammers to target victims.

8. *Lack of Effective Law Enforcement*: Inadequate law enforcement and prosecution of internet fraud cases perpetuates the problem.

9. *Cultural Factors*: In some communities, internet fraud is seen as a viable means of financial support.

10. *Technological Advancements*: The increasing availability of technology and internet access has made it easier for scammers to operate. Recently, gaining access to the internet is very easy unlike before which is a major factor contributing to the widespread of internet fraud.

In Conclusion,

1. To combat internet fraud in Nigeria, it is essential to address the underlying factors driving this behavior. This includes improving economic opportunities, enhancing quality education and skills training, and strengthening law enforcement efforts.

 

The Government needs to simultaneously orientates the masses and the security agencies on the need to stop fraud in the society.

 

• Moreover, schools should be task with the responsibility of teaching the students the consequences of indulging in fraud and also, list out names of those who are currently serving prison sentence because of fraud, example includes, Hush Puppy, e.t.c