Did you grow up in Nigeria? Have you heard the term yahoo boys been thrown around frequently?
If you fall into the baby boomer, millennial, or Gen-Z categories in Nigeria, you should be familiar with the term yahoo boys.
Yahoo boys are currently a diverse demography in Nigeria and now includes the most eligible bachelors & spinsters in the country and the most popular young and middle-aged men spread across various employability sectors.
It would be blissful to double down on the notoriety of Yahoo boys in Nigeria.
But we need to break this down into molecular parts by helping our readers understand what a yahoo boy is, and what the term means both within and outside Nigeria.
Did you ever read Chinua Achebe’s ‘Chike and the river’?
Worry not if you didn’t, I’ll shed more light on the part of the story we need to help us understand the origin of Yahoo boys in Nigeria.
There’s a part of Chinua Achebe’s best-selling short story, I can’t remember quite clearly, where he told a story of three young school pupils who wrote letters to Americans asking for a specific sum of money to help them procure lion skins.
The young pupils, of course, had no idea of how to procure a lion skin, nor how to send them abroad.
It seemed like an easy way to make money and they jumped right at it. Of course, the ploy didn’t work as it was snuffed out by the principal later because of their postal address, but you get the idea.
Yahoo Yahoo or Gee has been in Nigeria for ages, way before the country was able to secure its independence from the colonialists. Yahoo boys have been in Nigeria for a long time, and they’re not merely to be regarded as young frustrated Nigerians trying to make a desperate living.
At the moment, there are numerous coordinated fraud rings in the country, raking in an unbelievable amount of revenue yearly.
A few weeks ago, news broke out about the arrest of a Senior Special Adviser to the Governor of Ogun State; a yahoo boy in Nigeria, who’d fraudulently obtained over $350M in United States’ COVID-19 funds.
A yahoo boy with a $350M payday? Please, that’s a white-collar crime that should be respected while being prosecuted.
Who Is A Yahoo Boy?
According to Nigerian parlance, a yahoo boy is someone who carries out a 419 scam.
A 419 fraud, on the other hand, is a Nigerian scam also referred to as “Advance Fee Fraud”, it’s a scheme in which a sender requests help in facilitating the transfer of a sum of money, generally in the form of an email.
This scheme is widely perpetrated around the world, but some Nigerians have managed to master the art of it and have duped unsuspecting people around the world of billions of dollars annually.
A classic case is that of the legendary Nigerian fraudster who used Palazzio de Versace, one of the most expensive residences in the world as his hideout; Raymond Abbas Igbalode Hushpuppi
His niche in the industry was the “Business Email Compromise” scam, and he reportedly scammed the United States government of over $50 million in COVID-19 relief funds scam between 2019 & 2020 alone.
A Nigerian yahoo boy is typically comprised of young or middle-aged adult male or female Nigerians, who are dedicated to gaining illicit revenue from a wide range of cybercrimes.
Because of the widespread poverty in Africa’s populous nations, young people are now commonly inducted into the numerous fraud rings we have spread across the continent, especially Nigerians.
Yahoo Boy Orientation
Think about the Japanese Triad Gangs, UK’s Card Swiping Gangs, Black American Credit Card scams, then you’ll understand the orientation behind being a yahoo boy in Nigeria. It’s not just a couple of armed or unarmed gangsters parading themselves around town. Its young men and women subscribing to a lifestyle and culture that gives them access to luxury in a predominantly poverty-stricken country.
We’ve got a Nigerian yahoo boy who was on the Forbes 30 under 30 list, and also had a Masters Degree in International Relations & Counter Terrorism.
Talk about a yahoo boy who knows exactly what he’s doing and ran his cyber fraud ring like an organized terrorist organization. Living a very lowkey life like the CEO he claimed to be. Invictus Obi was definitely Picasso at his craft.
Becoming a yahoo boy in Naija is even way easier than joining any of the deadly fraternities recruiting young men into their ranks all over the country.
In fact, one might be correct to say that yahoo has greatly reduced the loss of innocent Nigerian lives as a result of armed robbery.
WETIN BE THE YAHOO BOY OT?
I. Buy Lappy or Smartphone.
Do you really want to know what it takes to identify a yahoo boy? Ask any Nigerian Sars official, they’ll tell you it’s an iPhone, they’re clearly deluded but there’s a point to their claims, it’s only just misdirected. To become a yahoo boy in Nigeria, the first step is purchasing a smartphone or a laptop for they’re your instruments of choice in the business.
II. Find Whitehead/Client/Foreigner
Once you’re equipped with a laptop or smartphone and a reliable internet connection, the next thing is to find a medium to target your clients.
Some of the mediums include your favorite social media platforms including Facebook, Twitter, Instagram, and numerous dating sites and apps.
Once you catch one or two who fall for your formats? You ask them for some money or a favour that involves money as an advance fee for a later compensation; hence the term Advance Fee Fraud
Yahoo Boys Whatsapp Group
If there was ever an association for Nigerian Yahoo boys then some big names you had no ide were fraudsters would definitely make the list.
Some of them are your favorite celebrities in the different sectors of the Nigerian employability sector.
Some of the legendary yahoo boys that we’ve had in Nigeria include;
1. Raymond Igbalode Hushpuppi – Richest Yahoo boy in the world.
2. Invictus Obi -Richest Nigerian Yahoo boy based in America.
3. Mr Woodberry
4. Mompha – Richest Nigerian Motivational Speaking Yahoo Boy.
5. BNaira – Richest Unilag Yahoo Boy Ever
6. Opa6ix -Richest Yahoo Boy Music Investor.
There are numerous other legendary yahoo boys, but it’ll be a tad insensitive to keep listing them here, considering that Investor BJ, BaddyOsha, and others might not be considered good role models in the society.
After all, their Yahoo boys and the source of their wealth is shady.
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