EFCC warns students against internet fraud, lists consequences

EFCC Chairman Ola Olukoyede gave the warning on Tuesday, October 27, 2026, when staff and students of New Capital School, Asokoro, Abuja, visited the commission’s corporate headquarters.

Olukoyede, represented by the Head of the Public Interface Unit, Assistant Commander of the EFCC, Tony Ojelimafe Orilade, said the commission was committed to tackling financial crimes to protect the future of young Nigerians.

He explained that the EFCC, established in 2003, fights economic and financial crimes that undermine national development and deprive citizens of essential services and opportunities.

“The reason why we are fighting these economic and financial crimes is so that there will be a future for you and the generations yet unborn. If we do not fight these crimes, when you grow up, there will be nothing to be proud of as a Nigerian,” he said.

The EFCC chairman noted that the diversion and misappropriation of public funds could weaken access to quality education, healthcare and employment.

He added that the commission was working to create an environment where young Nigerians could complete their education, secure jobs and access adequate healthcare without being forced to seek opportunities abroad.

“We are doing everything we need to do to make sure that home is home, so that when you finish your education, there will be jobs for you to do here in Nigeria,” he said.

Olukoyede also urged students to avoid activities that could damage their names and those of their families.

“Run away from internet fraud. It is not something to think of,” he warned, stressing that a conviction for cybercrime could affect their education, employment opportunities and ability to travel internationally.

Meanwhile, the Head of the EFCC’s Enlightenment and Reorientation Unit, Assistant Commander Aisha Mohammed, said the commission welcomed students and other stakeholders seeking to understand its activities.

Mohammed explained that the EFCC’s mandate covered prevention, investigation and prosecution. She urged the students to take its anti-corruption messages seriously and join Integrity Clubs in their schools.

She said the clubs provide opportunities for young people to participate in anti-corruption campaigns and public enlightenment programmes.

Earlier, a detective with the commission’s Cybercrime Unit, Eniola Kayode, delivered a lecture titled “The Effects of Cybercrimes”.

Kayode identified online fraud, hacking and impersonation as examples of cybercrime, noting that such offences could cause financial losses, emotional distress, legal consequences and damage to public trust.

“Cybercrime affects not only the individuals directly involved but also their families, legitimate businesses and the country’s international reputation,” she said.

She urged the students to report suspicious activities, threats and attempts to obtain their personal information to their parents, teachers or guardians.