The Chief Operating Officer of the Fintech Association of Nigeria, Babatunde Obrimah, has stated that the Nigerian government cannot effectively curb cybercrime until the nation’s value system is addressed sincerely.
In an interview at the Chartered Institute of Bankers of Nigeria annual dinner and award night, Obrimah highlighted the global nature of cybercrime and emphasized the role of values in combating the issue.
Obrimah noted that the “get rich quick” syndrome is prevalent in Nigeria, influenced by societal values that celebrate wealth without questioning its source.
Related News: NANS Rejects EFCC’s Claim on Cyber Crimes Involvement
He explained that cybercrime cannot be entirely stopped, but its impact can be reduced by promoting ethical values and questioning the sources of wealth.
Obrimah suggested that addressing the issue requires self-examination of values, questioning the financial positions of individuals, and promoting a culture of sincerity.
He acknowledged that cybercrime is a global problem with constantly evolving solutions, making it challenging to entirely prevent.
Obrimah urged a reevaluation of societal values and a shift away from celebrating ill-gotten wealth, emphasizing the need for individuals to ask questions about the sources of accumulated wealth.
In his welcome address at the event, Taofik Omotoso, the state branch chairman, highlighted the purpose of the annual gathering—to share ideas and prepare for the new year.
The state governor, Seyi Makinde, also expressed appreciation for the roles played by banks in supporting the state’s developmental projects, emphasizing the importance of resources in realizing such initiatives.
You can also read: EFCC Arraigns three Over $1.6 Million Crypto Fraud, Another Faces Charges in Lagos