In recent years, Nigeria has witnessed an unprecedented rise in behaviours associated with the “get-rich-quick” syndrome among its youth population. From online fraud (“Yahoo Yahoo”) to Ponzi schemes, ritual money myths, betting addictions, inflated social media lifestyles, and reckless pursuit of luxury, the trend has become a major socio-cultural concern. Explanations for this behaviour are diverse, but two theories: RELATIVE DEPRIVATION THEORY and SOCIAL LEARNING THEORY, provide especially powerful insights. When examined together, they reveal how economic frustration, inequality, and societal influences shape young people’s attitudes toward wealth and success in contemporary Nigeria.
Understanding Relative Deprivation Theory
Relative
Deprivation Theory, developed by sociologists such as Samuel Stouffer and later
refined by Walter Runciman, proposes that people feel deprived not simply
because they lack resources, but because they perceive themselves as having less
than others to whom they compare themselves. It is the gap between aspiration
and reality, intensified by comparison, that fuels frustration, resentment, or
deviant coping strategies.
In
the Nigerian context, this theory is particularly relevant. While poverty is
widespread, poverty alone does not fully explain the growing desperation among
youths. Instead, what drives the get-rich-quick culture is the visibility of
wealth in a society where opportunities for upward mobility are limited.
Nigerian youths are constantly exposed to images of prosperity, affluence, and
luxurious lifestyles, from musicians flaunting multimillion-naira cars, to
politicians displaying extravagant wealth, to social media influencers
showcasing designer outfits and trips abroad. This heightened visibility
amplifies feelings of deprivation.
It
is not surprising that many young Nigerians feel they are falling behind. They
live in a system where merit does not always correlate with reward, where
political corruption normalizes sudden wealth, and where legitimate pathways to
success such as education or entrepreneurship are fraught with barriers. This
sense of exclusion, coupled with the omnipresence of individuals who appear to
have “made it,” pushes some youths to seek alternative, often questionable
means of bridging the perceived gap.
Relative
deprivation therefore does more than highlight inequality, it illuminates the
psychological pressures that lead young people toward risky behaviours. When
legitimate opportunities seem inaccessible and the rewards of wealth are
socially celebrated, the temptation to pursue shortcuts becomes stronger. For
many youths, the question becomes less about morality and more about survival
and relevance within a competitive, unequal society.
Social Learning Theory and the Power of Influence
While
Relative Deprivation explains the emotional and psychological triggers for
get-rich-quick behaviours, SOCIAL LEARNING THEORY, pioneered by Albert Bandura,
helps explain how these behaviours are learned, normalized, and replicated.
According to the theory, individuals learn behaviours by observing others, especially
when those behaviours are rewarded. In essence, people imitate what they see,
particularly when the observed model appears successful or admirable.
In
contemporary Nigeria, youths are surrounded by powerful models who reinforce
the fast-money mentality. The entertainment industry often glamorizes wealth
without context. Online scammers and internet fraudsters flaunt their gains
openly on social media, sometimes gaining admiration from peers. Local movies
frequently depict sudden wealth and instant success stories. Even political
elites reinforce similar narratives: corruption is rarely punished, and
individuals who accumulate wealth through unclear means often rise to positions
of influence.
This
creates a social environment where shortcuts are not only visible but sometimes
celebrated. Young people witness real and perceived rewards associated with
these behaviours: luxury, fame, social recognition, and respect. In many
communities, individuals who suddenly acquire wealth are honoured rather than
questioned. They become symbols of achievement, sources of inspiration, and
role models to younger generations.
The
result is a powerful feedback loop: youths observe that illicit or unethical
means often yield faster and greater rewards than legitimate methods. Through
peer pressure, online communities, and everyday interactions, these behaviours
become normalized. Social learning thus helps explain how deviant economic
behaviours spread and become culturally embedded within youth circles.
How Both Theories Intersect to Explain the Get-Rich-Quick
Syndrome
Together,
Relative Deprivation and Social Learning Theories provide a comprehensive
explanation for the rise of get-rich-quick behaviour among Nigerian youths.
Relative deprivation creates the
frustration.
Many youths feel left behind in an
economy that is not offering adequate employment, upward mobility, or stable
futures. They see others prospering and feel pressured to catch up.
Social learning provides the
behavioural model.
Youths observe peers, influencers,
public figures, and even community members who have succeeded through
unconventional or illicit means, and they see these individuals being
celebrated rather than sanctioned.
The gap between aspiration and
opportunity makes shortcuts Attractive.
When legitimate paths are blocked, but illegitimate paths appear open and
rewarding, the rational choice becomes distorted.
The social environment reinforces
these shortcuts.
A society that measures success by
material display more than by integrity or discipline deepens the problem.
This
combination of psychological frustration and observable behavioural models
accelerates the growth of fast-money culture. The result is a generation that
not only aspires for wealth, but aspires for it instantly, often without regard
for process, skill, or ethics.
Implications for Nigerian Society
Understanding
these theories is not simply an academic exercise; it has real implications for
policymaking and youth development.
- Improving economic
opportunities, particularly employment,
funding for entrepreneurship, and access to quality education , can reduce
relative deprivation by narrowing the gap between aspirations and
available legitimate pathways.
- Regulating media content and
promoting alternative role models
could counter the influence of negative social learning. Greater media
literacy and value-reorientation programs can help youths critically
evaluate what they see.
- Strengthening institutions and
accountability systems would
help dismantle the culture of impunity that makes fast wealth appear
socially rewarded.
- Community-based mentorship
programmes can expose youths to ethical
pathways to success and demonstrate that progress can occur through
legitimate effort.
Ultimately,
addressing the get-rich-quick syndrome requires a combined approach that
tackles both structural conditions and social influences.
Conclusion
The
get-rich-quick mentality among Nigerian youths is not a random trend; it is the
product of deeper socio-economic and cultural dynamics. Relative Deprivation
Theory explains the psychological pressures created by inequality and visible
affluence, while Social Learning Theory shows how behaviours associated with
fast money are copied, reinforced, and normalized. Together, they reveal a
society where frustration meets influence, and where aspiration meets impatience.
Tackling this issue demands not just economic and political reforms, but also a
reorientation of societal values and role models. Only then can Nigerian youths
be empowered to pursue success through sustainable and legitimate pathways.

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