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Nigerian President Dismisses Nation's 'Cybercrime Haven' Image

ID: cc6bcb4b-c28a-52ae-aae3-6c019314a865

STIX ID: report--cc6bcb4b-c28a-52ae-aae3-6c019314a865

Feed Name: Dark Reading

Date Published: 2024-02-05

Date Updated: 2026-04-21

Author: Nicholas Fearn, Contributing Writer

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Nigeria’s President Bola Tinubu condemned the “Nigerian Prince” stereotype and framed cybercrime as a global problem, noting a $500 million annual economic impact in Nigeria and pledging government support to the EFCC. EFCC Chairman Ola Olukoyede warned about growing youth involvement in online fraud and advocated mentorship and constructive career paths. Cybersecurity specialist Chidiebere Ihediwa echoed calls to retrain scammers as IT professionals to redirect skills toward legitimate work.

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