The Economic and Financial Crimes Commission has opened up that Nigeria lost $500 million to the criminal activity in 2022.
The revelation was made by the Chairman of the anti-graft agency, Ola Olukoyede during a National Cybercrime Summit in Abuja on Tuesday.
“As a matter of fact, the research I did earlier this year confirmed that cybercrime has become the third largest GDP in the world with approximately 2,328 cases occurring daily....Read Full Article [Click Here>]
“The implication of all this is that if left unchecked, cybercrimes portend grave dangers to the entire world.
“Bringing it to Nigeria, in 2022 alone, Nigeria lost over $500 million to cybercrime,” he said.
The chairman of the EFCC noted that cybercrime constitutes a significant percentage of the convictions recorded by the agency since he took office a year ago.
However, Olukoyede revealed that the agency has made plans to rechannel the energies of young people who are mostly perpetrators of cybercrime.
