The recent controversy surrounding the arrest of 93 suspected internet fraudsters at a hotel within the Olusegun Obasanjo Presidential Library complex has unfortunately overshadowed what should be celebrated as exemplary law enforcement work.
While the library management’s demand for N3.5 billion in compensation and a public apology is understandable given the circumstances, we must not lose sight of the bigger picture: Nigeria is fighting an existential battle against cybercrime that threatens to permanently damage the country’s international standing and corrupt an entire generation of young people.
The Economic and Financial Crimes Commission’s clarification that the presidential library was not the target but rather a hotel within its precincts where suspected fraudsters were celebrating their alleged exploits should put the matter in proper perspective.
This was a sting operation – by definition, such operations require stealth and precise timing to be effective. The suspects, according to the EFCC, had moved their celebration from two other locations to the OOPL hotel specifically to avoid detection, demonstrating the sophisticated lengths to which cybercriminals go to evade law enforcement.
We commend the EFCC for its renewed vigour in tackling what has become a national epidemic.
In our view, the statistics are staggering and deeply troubling: EFCC Chairman Ola Olukoyede’s assertion that “seven out of 10 Nigerian students are involved in cybercrimes” should alarm every parent, educator, and policymaker in the country.
When 70 percent of our student population is allegedly engaged in criminal activity, we are no longer dealing with isolated cases of deviance but a systemic breakdown of values that threatens the very foundation of our society.
The international dimensions of Nigeria’s cybercrime problem cannot be ignored. The recent deportation of 102 foreign nationals – including 60 Chinese and 39 Filipinos – convicted of cyber-terrorism and internet fraud demonstrates that Nigeria has become a haven for international criminal syndicates.
These foreign criminals specifically chose Nigeria as their base of operations, confident that they could recruit local accomplices and exploit weaknesses in our law enforcement and regulatory systems. The fact that these deportees were among 792 suspects arrested in a single operation in Lagos’s Victoria Island speaks to the industrial scale of cybercrime operations in Nigeria.
The reputational damage to Nigeria in the international community is incalculable. The global recognition of “Yahoo Boys” as synonymous with Nigerian internet fraud has created a situation where legitimate Nigerian businesses and individuals face discrimination and suspicion in international transactions.
Young Nigerians seeking education or employment opportunities abroad often encounter prejudice based solely on their nationality. This collective punishment of an entire nation for the crimes of a minority is both unjust and economically devastating.
The EFCC’s impressive 2024 performance – securing 4,111 convictions and recovering over N365.4 billion – demonstrates that when properly resourced and led, Nigerian institutions can deliver results.
However, these numbers also highlight the magnitude of the problem. Over four thousand convictions in a single year suggests that cybercrime has reached epidemic proportions, requiring responses that go beyond traditional law enforcement approaches.
We must acknowledge that cybercrime’s appeal to young Nigerians is not simply a matter of moral failing but reflects deeper socioeconomic challenges. High unemployment rates, limited opportunities for legitimate wealth creation, and the conspicuous consumption displayed by cybercriminals create a perfect storm that lures young people into illegal activities.
When legitimate paths to prosperity seem blocked while cybercriminals flaunt their ill-gotten wealth on social media, the temptation becomes overwhelming for many young Nigerians.
The recruitment of Nigerian accomplices by foreign criminal syndicates, as noted by the EFCC, reveals another disturbing dimension of this crisis. Nigeria’s young people are being systematically exploited by international criminals who provide the technical expertise while using locals as the face of operations targeting victims in America, Canada, Mexico, and Europe.
This colonial relationship in crime – where foreigners profit from Nigerian labour in illegal activities – should particularly anger patriots who recognise the historical parallels.
Needless to say, law enforcement agencies like the EFCC must continue to receive robust support for their operations. The criticism they face for conducting sting operations at inconvenient locations misses the point entirely. Criminals do not restrict their activities to convenient venues, so law enforcement cannot be similarly constrained.
Also, there must be massive investment in legitimate economic opportunities for young Nigerians. While law enforcement can arrest and prosecute cybercriminals, it cannot address the underlying economic conditions that make cybercrime attractive.
We urge the Obasanjo Presidential Library management to reconsider their demand for compensation and public apology from the EFCC. While their concerns about property rights and corporate image are valid, they pale in comparison to the national crisis that cybercrime represents.
The library, as an institution associated with leadership and national development, should instead partner with law enforcement agencies in the fight against cybercrime rather than creating obstacles through litigation.
The EFCC’s operation at the presidential library complex, controversial though it may be, represents exactly the kind of proactive law enforcement Nigeria needs to combat cybercrime. We cannot afford to let procedural concerns undermine substantive efforts to save Nigeria’s international reputation and protect our young people from criminal futures. The real enemy is not the EFCC but the cybercriminals who have made Nigeria synonymous with internet fraud globally.
