Revealed: Boko Haram Get Forty Million Naira From Algeria

An intelligence report from combined security experts within the Nigerian military and paramilitary agencies have revealed partly how the Boko Haram sect that has become the most dreaded in the country is being funded. Huhuonline.com learnt that the report  linked a huge portion of its funding in recent times to Algeria.

 
The group also funds itself through donations from local politicians and through some bank robberies it had carried out successfully over time, the report which is already in the presidency indicates.

 
The report said the group that has carried out activities that have resulted in the death of several thousands of Nigerians was recently supported with N40 million from another terrorist group which is based in Algeria.

 
The report further stated that the financial support from the terrorist group based in Algeria was meant to further boost the understanding between it and the Boko Haram as it had further promised training to members of the group as well as more financial assistance and would teach them how to convince more locals to contribute towards the course of the dreaded Nigerian group.

 
The report, which the security agents claim they got from confessions made by members of the sect so far arrested, did not deny the group's link with Al-Qaeda, both in financial aides and training, also said the Boko Haram had experimented on kidnapping of foreigners, especially the ones who they believe have those that could provide funds to it as ransom.

 
For example, there was a foiled bid to rescue a Briton and French nationals who were kidnapped by alleged members of the sect in Kebbi State months ago. The expatriates were murdered in the ensuing gunfire between the combined forces made of Nigerian and British security operatives and those the public believe are the sect members.

 
The report detailed the first set of the sect members who had travelled to Algeria for terrorism training and the art of sophisticated bomb making saying the aim is to make them return and teach other members in the country.

 
A presidency source, who confirmed that the report had since been made available to President Goodluck Jonathan, added that security chiefs in the country had met few times over the issue.

 
"The news about the report being in the presidency is true, my brother, but the more the government and security chiefs meet to strategize, the more the sect come up with tactics that brings confusion among the security chiefs.

 
"Moreover, the report was the result of investigations done in December 2011 and did not say much about what should be done to either stop their activities or reduce it. It majorly dwelt on how their activities have risen over time and their sources of funding," he said.

 
The source, who is Personal Assistant to one of the ministers, said the National Security Adviser, who recently accused some members of the ruling Peoples Democratic Party (PDP) based his statement on a part of the report.

 
"Sincerely, we have a big problem in our hands and the situation does not seem to be dousing at all. I can conveniently tell you that there is confusion everywhere because no one can really link the sect to any particular demand like it was in the days of serious militant activities in the Niger Delta," the source said.