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Home National NITDA Cautions Public on Fraudulent Money Doubling Financial Schemes
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NITDA Cautions Public on Fraudulent Money Doubling Financial Schemes

By
Hadiza Umar
-
August 11, 2020
NITDA DG Kashifu Inuwa Abdullahi
NITDA DG Kashifu Inuwa Abdullahi

NITDA Cautions Public on Fraudulent Money Doubling Financial Schemes

The National Information Technology Development Agency (NITDA) hereby calls on the general public to disregard any fake news claiming that the Agency or its staff endorses money doubling Financial Investments scheme.

The Agency refutes any affiliation or endorsement of these platforms and strongly advises the general public on the need for caution when dealing with online money doubling scheme especially via whatsApp mobile Application.

These fraudulent Financial Investment companies lure users by requesting that you join their WhatsApp group, consequently, they access records of citizens phone numbers. These phone numbers can further be used in SMS scams as well as other various cybercrimes.
The general public is advised to always verify if these firms have clearance from relevant Government Agencies mandated to license Corporate Investment Advisers.

The public is further advised to be wary of any quick wins schemes especially if it violates the Nigerian Data Protection Regulation.

Read Also:

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Furthermore, NITDA strongly advises the general public to disregard the malicious investment scheme even if the people behind such purportedly use NITDA’s name, its affiliates, logo and or staff of the agency as a bait to lure the people.

The National Information Technology Development Agency (NITDA) is a Federal Government Agency established in April 2001 to implement the Nigerian Information Technology Policy as well as coordinate general IT development and regulation in the country. Specifically, Section 6(a,b,f,m) of the Act mandates NITDA to create a framework for the planning, research, development, standardization, application, coordination, monitoring, evaluation and regulation of Information Technology practices, activities and systems in Nigeria; provide guidelines to facilitate the establishment and maintenance of appropriate infrastructure for information technology and systems application and development in Nigeria for public and private sectors, urban-rural development, the economy and the government; render advisory services in all information technology matters to the public and private sectors and; accelerate internet and intranet penetration in Nigeria and promote sound internet Governance among others.

Mrs Hadiza Umar mnipr m.apra, mcipr
Head, Corporate Affairs and External Relations Unit
NITDA

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Lawyer Sues Housing Ministry, FHA Over Alleged Property RedesignNavy to Establish  Base in Kebbi to Tackle Inland Waterway CrimesArmy Commander's Compassion Keeps 100 Students in School in ZamfaraSam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ's Education ProgramNIPR Hails customs Boss' Tenure Extension as Evidence of Transformational LeadershipAkwa Ibom Boosts National Security with Land Donation for Nigerian Air Force BaseCustoms Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ PartnershipUNIMAID Mass Comm becomes Faculty of Communication and Media StudiesTinubu’s Extension of Customs CG Bashir Adeniyi’s Tenure Draws Widespread Praise and ReactionsArmy Troops, DSS Nab Arms Trafficker in Taraba, Recover Ammunition, CashIG Reaffirms Commitment to Tackling Oil Theft, Upholding Human RightsNorthern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa Summit in KadunaArmy Denies Allegations of Misconduct in Imo CommunityTroops Repel Bandit Attacks in Katsina, Plateau, Recover Rustled Cattle, Sustain CasualtiesNavy Destroys 10 Illegal Refineries in Niger Delta
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