Like I often *discuss* with my friend about the short and long run effect of "Yahoo" on the Nigeria. While it is easy to assume that it's scam, evil, etc. I argue that it's a better alternative to Nigeria's economic situation.
Please note, I might not have a full perspective of this (I'm not based in Nigeria and never really witnessed Yahooing 1st hand). I argue that, in the short term, in some way, this creates employment (whichever way you look at it) which means in a lot of way decreases crime and for the economist out there - a boast in GDP (because of an increase in Consumption Spending, I'm pretty sure this Yahoo guys spend a lot).
I believe it's easy to link a certain rise in crime to the recent curbing of Yahoo boys (supposedly by EFCC), well, what this means is that - you're are creating a gross unemployment since, if you discourge them from employing themselves, you are not in any way creating an alternative and this guys/girls need to continue living, hence, they resolve to crime.
I know some might frown at my support for Yahoo, obviously in the long-term, it's no good on the reputation of Nigeria. But then, I would say, a way to curb this is NOT by arresting guys trying to create a livelihood but for the government to create alternatives that would incent this guys not to commit crimes - such a proposal is what I would leave to the thieves themselves - the government.
Posted: at 16-04-2008 02:06 PM (17 years ago) | Newbie |
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