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How to Cite

COVID-19 Pandemic and Proliferation of Ponzi Schemes in Nigeria Cyberspace

Abstract

It appears that in any tensed situation criminal elements initiate ways of taming or enriching their insatiable desire for materialism. This paper examines COVID-19 pandemic and proliferation of Ponzi Schemes in Nigeria cyberspace. The Routine Activities Theory (RAT) was used in explaining the salient issues surrounding Ponzi schemes in COVID-19 era. The ex-post factor design which dwells on documented evidences was used. The findings revealed that poverty, lockdown, lack of palliatives, corruption, insensitivity of the government and porous cyberspace are factors that aided proliferation of Ponzi schemes in Nigeria during COVID-19 pandemic. This paper concluded that many Nigerians without palliatives were rendered vulnerable by the lockdown and government’s negligence or poor mitigation approach exposed them as suitable targets for criminals (motivated offenders) to exploit, especially on the nation's porous cyberspace. It recommended amongst others that the nation’s cyberspace should be tightened and adequately secured to ensure that influx of unregulated or unregistered e-businesses is minimized. This can be achieved through sending Information Technology (I.T) inclined citizens abroad to learn cyber policing or contract a renowned cyber security outfit to manage the space. The operational structure of the National Orientation Agency (NOA) should be reviewed and revived as to be responsive to issues that require public awareness or sensitization.

Authors

  • Christopher Chimaobi Ibekwe
  • Department of Sociology/Anthropology, Nnamdi Azikiwe University, Awka, Nigeria
  • Blessing Nonye Onyima
  • Department of Sociology/Anthropology, Nnamdi Azikiwe University, Awka, Nigeria
  • Tagbo Uchenna Onyilofor
  • Fellow, Unizik Business School, Awka, Nigeria

Keywords

Coronavirus, COVID-19, Cyberspace, Palliatives, Ponzi Scheme, Scam

DOI Number

10.35484/pssr.2021(5-II)34

DOI Link

http://doi.org/10.35484/pssr.2021(5-II)34

Page Nos

414-430

Volume & Issue

v5-2

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Pakistan Social Sciences Review (PSSR) by RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Based on a work at https://pssr.org.pk/

Copyright 2016 PSSR Journal, Developed by M. Yaseen

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