Six in 10 Nigerian students are involved in internet fraud – EFCC boss

Olukoyede said findings from recent EFCC field operations showed a troubling level of internet fraud involvement among undergraduates.

“My research in the last one year has shown that about six out of 10 students in our universities are into cybercrime. It is a very disturbing situation,” he said.

He blamed the trend on what he described as deep-seated structural problems within the university system, including weak oversight and poor accountability mechanisms.

According to Daily Trust, the EFCC boss also disclosed that many of those arrested in recent cybercrime operations were students, some of whom allegedly placed lecturers on payroll, thereby undermining academic integrity.

He further noted that a significant number of the 792 suspected cyber fraudsters arrested in Lagos in December 2024 were students, adding that the operation exposed the scale of cybercrime networks operating in the country.

Olukoyede also expressed concern over the rise of “Yahoo Plus”, where internet fraud is allegedly combined with fetish practices.

He called on university authorities to strengthen institutional controls and deepen cooperation with law enforcement agencies to address the problem.