The predominance of the cash economy is a major factor fuelling the nefarious activities of the Boko Haram and other terrorist groups in the Lake Chad Basin region, according to a new United Nations report.
The 22nd Report of the UN's Analytical Support and Sanctions Monitoring Team set up under Resolution 2368 (2017) concerning Islamic State in Iraq and the Levant (ISIL), or Daesh, or better known as simply Islamic State (IS), the Al-Qaeda group in Somalia and associated individuals and entities.
The report, which was submitted recently to the UN Security Council, says the number of doctrinally based non-governmental organizations sending funds to local terrorist groups is growing, and Member States are concerned that radicalization is increasing the threat level in the Sahel.
Meanwhile, Boko Haram and the Islamic State West Africa Province (ISWAP) have had a similar impact in their areas of control, including the Lake Chad Basin, " it adds. The predominance in the region of the cash economy, without controls, is conducive to terrorist groups funded by extortion, charitable donations, smuggling, remittances and kidnapping.
In Nigeria, 111 schoolgirls from the town of Dapchi were kidnapped on 18 February 2018 and released by ISWAP on 21 March 2018 in exchange for a large ransom payment."
The report was signed by Edmund Fitton-Brown, the Co-ordinator for the Analytical Support and Sanctions Monitoring Team, who says the report is comprehensive and independent, and by Kairat Umarov, the Chairperson of the Security Council Committee.
The UN Security Council committee on al Qaeda sanctions blacklisted and imposed sanctions on the Islamist militant group Boko Haram in 2014 after the insurgents kidnapped more than 200 Chibok schoolgirls.
The designation, which came into effect after no objection was raised by the Security Council's 15 members, subjected Boko Haram to UN sanctions, including an arms embargo, asset freeze and travel ban.
The UN Security Council said earlier this month that it remained concerned at the security and humanitarian situation caused by the Boko Haram terrorists and other armed groups in Nigeria, Cameroon and Chad.
Source: NAM NEWS NETWORK