The Economic and Financial Crimes Commission has warned that internet fraud is worsening travel restrictions for Nigerians.
The agency said the rise in cybercrime is one of the main reasons foreign governments are imposing tougher visa conditions on citizens who are innocent of any wrongdoing.
The concern was raised during an event in Port Harcourt organised by the Coalition of Nigerian Youth on Security and Safety Affairs. EFCC Chairman Ola Olukoyede, represented by Chief Superintendent CSE Coker Oyegunle, explained that the surge in fraud cases continues to damage the country’s image and forces law-abiding Nigerians to bear the consequences when applying for visas.
Fraudulent activities such as money laundering and cybercrime are costing Nigeria billions of naira every year. The agency noted that the country loses jobs, infrastructure, and opportunities because resources meant for development are diverted or wasted. The impact goes beyond finances, as the nation’s reputation suffers in the global community.
The EFCC urged young people across the country to focus on productive ventures instead of illegal activities. The commission pointed to digital innovation, agriculture, entrepreneurship, and the creative sector as areas that can create sustainable opportunities for the youth.
The agency also warned that internet fraud does not bring lasting success. Many of those involved end up losing their freedom and reputation as law enforcement tracks their activities. The EFCC vowed to expand its campaigns, increase enforcement, and work closely with local communities to fight cybercrime.
Other security agencies at the event raised similar concerns. The National Drug Law Enforcement Agency spoke on the growing threat of drug abuse among youths, while the Nigeria Security and Civil Defence Corps cautioned against pipeline vandalism in the South-South region.
The EFCC has intensified its operations in recent months. In August, operatives arrested 38 suspected fraudsters in Ikorodu, Lagos, recovering vehicles, phones, and substances suspected to be narcotics. In Edo State, 12 people, including two brothers, were convicted for internet-related crimes after pleading guilty.
The surge in cybercrime has coincided with tighter travel rules abroad. In July, the United States reduced the validity period of some visas for Nigerians to three months and restricted them to single entry. The new rule affected business, tourism, student, and exchange visitor visas, further reflecting the global impact of Nigeria’s internet fraud crisis.


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