Metro Boko Haram Terrorists Now Financing Businesses in North East Nigeria

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Boko Haram terrorists are now financing businesses in Nigeria.

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According to Reuters, the terror group is said to have gone into a form of microfinance by providing or promising capital and loans to young entrepreneurs and business owners in northeast Nigeria as a ploy to get them to join the group.

Aid agency, Mercy Corps, reports that Boko Haram is now exploiting the poverty facing most small business owners.

“Boko Haram is tapping into the yearning of Nigerian youth to get ahead in an environment of massive inequality,”

“It is incredibly clever – either such loans breed loyalty or Boko Haram use mafia style tactics to trap and force young people to join them,” Mercy Corps peace building adviser Lisa Inks.
 
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