Ugo Nwokolo has clarified his position on Yahoo after his remarks about its impact on Nigeria's economy sparked widespread criticism. Ugo Nwokolo argued that internet fraud has indirectly kept economic activity going because money, regardless of its source, still circulates within the system. Ugo Nwokolo addresses the backlashDespite his clarification at the time, the remarks drew sharp criticism online. In response, Ugo Nwokolo took to his X account on July 28 to set the record straight once more. Read Ugo Nwokolo's response to backlash over his previous internet fraud remarks below:Nigerians react to Ugo Nwokolo's clarification@olawale_bam wrote:"Banditry is helping the economy too.