LAGOS: A struggling single mother recently fell victim to a devastating online fraud. Unknown to her, her teenage son secretly connected her bank account to a betting and farming app platforms that promise quick wealth with little effort.
Over ₦600,000, painstakingly saved from her daily thrift contributions, was siphoned away without her knowledge. This was not just money it was her lifeline, meant to feed her children, pay rent, and manage daily expenses.
This incident reflects a growing crisis among today’s Gen Z youth. Raised in a hyper-digital world, many are increasingly drawn to apps and schemes that promise fast money, often through betting or “farming” investments.
The value of hard work is being replaced by the illusion of instant wealth. Social media, peer pressure, and flashy lifestyles online contribute to this toxic narrative, convincing young people that success should be quick and effortless.
Sadly, it’s often innocent parents who bear the cost. In this case, a mother already carrying the burden of single parenthood now faces financial ruin. This serves as a wake-up call about digital responsibility, youth financial education, and the urgent need for stronger controls around online transactions and betting platforms.
