EFCC Targets ‘Yahoo Yahoo’, Investment Fraud, Illegal Mining in Nasarawa, Plateau
The Economic and Financial Crimes Commission (EFCC) has intensified its drive against economic and financial crimes in Nasarawa and Plateau states, seeking stronger support from traditional rulers, the judiciary, police and the Nigerian Army.
EFCC Chairman Ola Olukoyede made the call during a series of engagements with key stakeholders in the two states between October 2 and 6, 2026.
Represented by the Acting Zonal Director of the Abuja Zonal Directorate, Assistant Commander of the EFCC (ACE I) Michael Wetkas, Olukoyede said the Commission required stronger institutional partnerships to effectively tackle corruption, cybercrime, investment fraud and other emerging economic crimes.
In Nasarawa, the EFCC delegation met with the Emir of Lafia, Justice Sidi Dauda Bage (retd.); the Chief Judge of the state, Justice Aisha Mohammed Usman; and the Commissioner of Police, Shetima Jauro Mohammed.
Speaking through Wetkas at the Emir’s palace, Olukoyede expressed concern over the growing involvement of young Nigerians in cybercrime, popularly known as “Yahoo Yahoo”.
He said the fight against cybercrime could not be left to law enforcement agencies alone, stressing the need for traditional institutions, families, communities and other stakeholders to help shape positive values among young people.
The Emir of Lafia commended the EFCC for its efforts in tackling internet fraud and other financial crimes, assuring the Commission of his support in promoting accountability and integrity.
Olukoyede also drew attention to the rising threat of investment fraud during his meeting with the Nasarawa Chief Judge.
He noted that fraudulent investment schemes had become sophisticated enough to deceive even judges and other highly placed professionals.
Justice Usman pledged the judiciary’s continued cooperation with the EFCC, particularly in handling emergency applications needed to support investigations and operations.
She commended the Commission for its professionalism and commitment to the fight against financial crimes.
The EFCC also secured a commitment from the Nasarawa State Police Command for stronger inter-agency cooperation.
Commissioner of Police Shetima Jauro Mohammed said the objectives of the EFCC and the Nigeria Police Force were complementary, assuring the Commission of the Command’s support whenever required.
In Plateau State, the EFCC focused on strengthening its operational relationship with the Nigerian Army, particularly in areas requiring security assistance and intelligence sharing.
The delegation visited the headquarters of the Nigerian Army 3 Division, Maxwell Khobe Cantonment, Jos, where it engaged the GOC, Major General Maxwell W. Dangana.
Olukoyede said closer cooperation between the EFCC and Army would improve the safety and effectiveness of personnel during operations.
He particularly identified illegal mining in Plateau State as a growing concern, warning that the activity goes beyond environmental and regulatory violations because it could facilitate economic crimes and pose risks to national security.
He called for joint efforts to identify and disrupt criminal activities associated with illegal mining and other illicit economic activities.
The EFCC Chairman also warned that cybercrime and fraudulent investment schemes could damage public confidence, Nigeria’s international reputation and the country’s economic standing.
Dangana, in response, assured the EFCC of the 3 Division’s readiness to provide necessary assistance and strengthen cooperation.
He said modern security challenges required closer relationships among law enforcement and security agencies to improve communication and operational effectiveness.
The GOC subsequently requested the EFCC to organise an interactive sensitisation session for officers and soldiers of the Division on investment scams and related financial crimes.
According to him, the training would help personnel identify fraudulent investment schemes, understand emerging tactics used by fraudsters and protect themselves from falling victim to financial scams.
