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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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  • Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in Borno

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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Federal Govt Moves to Fill 5 Permanent Secretary PositionsGombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd El-Bonga IbraheemTroops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in BornoDangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues EndPower Outage: Police Broker Peace Between AKTH, DisCos in KanoIGP Appoints SP Adebisi as Lagos Police PROBauchi Forum Condemns ATBU's Plan to Close FacultiesCourt Rejects Nnamdi Kanu’s Request for Transfer to National HospitalResident Doctors Commences Indefinite Strike in FCTTroops Foil Multiple Terrorist Attacks, Rescue Kidnap Victims in Zamfara, Kebbi, KatsinaTroops Repel Bandit Ambush in Katsina as Four Farmers Abducted in ZamfaraTroops Recover Arms in Plateau, Intercept Drug-Laden Vehicle in TarabaBook Review: Is This the Cure? A Look into Healing Nigeria By Hanniel NobohBook Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook By Bilkisu Ahmed ShekarauBook Review: Renewed Hope in Central Banking – A Blueprint for Nigeria’s Economic Future By Khadijah Lawan Muhammad
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