In recent years, Nigeria has witnessed a growing materialistic phenomenon among its youth population described by many as ‘Get-Rich-Quick’ syndrome. This desire for instant wealth has had a profound impact on the country’s young generation, both positively and negatively.

 The pursuit of financial success and prosperity is an intrinsic part of human nature and Nigerian youths are no exception. The allure of success has driven many to explore entrepreneurship, investments in various sectors  and other  income-generating opportunities.

However, the darker side of the ‘Get-Rich-Quick’ syndrome cannot be ignored. Many Nigerian youths, lured by the prospect of quick riches, have fallen prey to fraudulent schemes, scams, and illegal activities including Ponzi schemes, online scams, and cybercrime  leaving countless young people disillusioned, financially devastated and some even facing legal consequences.

 Perhaps, the darkest part of the syndrome is mass return of youths to idolatry resulting to the present practice of human sacrifice, “oke-ite” practice, organ harvesting  and other obnoxious criminal activities.

Again, the obsession for instant wealth has led some youths to neglect education and traditional career paths, favoring shortcuts that often lead to dead ends.

There is a need for increased financial literacy and education among Nigerian youths. They should be equipped with the knowledge and tools to differentiate between legitimate opportunities and scams.

At the same time, policymakers and business leaders should create an environment that encourages entrepreneurship and innovation while providing support and mentorship to young entrepreneurs. This can channel the energy and ambition of Nigerian youths toward legitimate avenues for wealth creation.

Government authorities and law enforcement agencies should also intensify efforts to combat fraud and cybercrime, ensuring that those engaged in illegal activities face consequences. Raising awareness on  the risks associated with ‘Get-Rich-Quick’ schemes through public campaigns can help deter potential victims.

 Anambra State government and the State House of Assembly should be commended for the present holistic approach towards crime fighting and prevention, through Anambra state Homeland Security Law and Operation Udo Ga Achi.

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