The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says organised foreign fraud syndicates are establishing cells in Nigerian cities and recruiting youths into serious organised cybercrimes, including cryptocurrency fraud.
EFCC spokesperson Dele Oyewale said this in a statement today in Abuja.
He explained that Olukoyede made the remark while receiving participants of the Executive Intelligence Management Course (EIMC) 18 of the National Institute for Security Studies (NISS) in Abuja.
According to him, the team was led by the institute’s Director of Studies, Hyginus Ngele, to the commission. He noted with concern the rate of flow of small arms and light weapons across the borders and the involvement of non-state actors in the illegal exploitation of minerals in parts of the country.
The EFCC boss said all these activities compounded the threats in the country’s security landscape.