Funding of Terror Network: ‘Boko Haram got over N11bn to kill and maim’

The Islamist group, Boko Haram,  may have got over $70million between 2006 and 2011 for its insurgent activities in Nigeria which claimed  lives, the most recent of which is the Friday Nyanya, Abuja bombing, from its sponsors.
At a conservative exchange rate of 1 to 160, that amount comes to N11.2billion.


This and many others were part of  the revelations by retired Major Chris Moghalu of the United States of America’s military.
And whereas he first made the disclosure on the African Independent Television, AIT, morning magazine programme, FOCUS NIGERIA, hosted by Gbenga Aruleba,  Sunday Vanguard was able to track Major Moghalu.

In a telephone conversation preparatory to our full blown interview, he disclosed to Sunday Vanguard that he was “bothered about the embarrassment of the specific issue of the abduction saga, but more worried about the insurgency that has given Nigeria a bad name.” He added: “All  people like us want to do is help”.
Sources said trans-national criminal activities including kidnap for ransom, drug trafficking, weapons trafficking and  armed robbery  were  sources of revenue for Boko Haram.
In collaboration with members of Al-Qaeda in the Arabian Peninsular, AQAP, and Al-Qaeda in the Islamic Maghreb, AQIM, members of Boko Haram have been receiving support as reported by Sunday Vanguard two months ago.