Former presidential candidate of the Labour Party, Mr. Peter Obi, has urged Nigerians to rethink their approach toward young people involved in online fraud, popularly known as “Yahoo boys.”
Obi described many of them as highly intelligent youths whose innovation and courage, if properly redirected, could drive national transformation.
He made this remark on Saturday at the Golden Health Conference in Onitsha, Anambra State, themed “Money Beyond Wealth.”
According to Obi, Nigeria is losing a generation of talented youths to crime because society focuses only on punishment rather than rehabilitation and redirection.
“Some of our so-called Yahoo boys are geniuses who need redirection, not condemnation. Their creativity and courage, if properly guided, can drive innovation and national development,” Obi said.
The former Anambra State governor, who had just returned from a visit to the United Kingdom to attend the event, said the conference’s theme was timely, coming at a period when the pursuit of wealth has overshadowed moral values in the country.
He lamented the growing culture of materialism, warning that a nation that celebrates corruption cannot achieve greatness.
“Money is necessary, but it is only a small part of real wealth. True wealth is built on integrity, character, and purpose. It uplifts society, promotes education, reduces poverty, and creates opportunities for others,” he added.
Obi noted that the erosion of moral values and the obsession with quick riches have weakened Nigeria’s social fabric. He called on political leaders to lead by example, emphasizing that integrity must begin from the top.
“Leadership must lead by example, for a nation that rewards dishonesty cannot build integrity,” he remarked.
The former governor further appealed to young Nigerians to rediscover the dignity of labour and to understand that no society develops through shortcuts or miracles.
He also highlighted the need for justice and equity in governance, saying national progress can only be achieved when every citizen is given a fair chance, regardless of religion or ethnicity.
“No religion or tribe buys bread cheaper than another. Nigeria is blessed with abundant resources; what we lack is the will to do what is right,” Obi said.
The conference brought together scholars, entrepreneurs, and policymakers to discuss ethical leadership, financial responsibility, and moral renewal in Nigeria’s pursuit of sustainable growth.
