Nigeria has been wracked by Boko Haram’s violent Jihad in recent years, something that is expected to escalate, now that Boko Haram has pledged allegiance to the Islamic State.
One Nigerian official at least recognizes the importance of financial flows to Jihad…
Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Lamorde, has advocated improved financial intelligence gathering by the anti-graft agency and other law enforcement agencies in the country to check he flow of illicit funds, if the war on terror must be won.
Lamorde, who spoke at the opening ceremony of a five-day inter-agency training programme on Cross Border Financial Investigation organized by the United States Department of Homeland Security for officers of the Nigeria Police Force, NPF; Nigeria Immigration Service, NIS; Nigeria Customs Service, NCS; National Drug Law Enforcement Agency, NDLEA, and the EFCC, lamented that “up till now, the major concern in the fight against insurgency is on how the insurgents fund their operations within the sub-region.
“A reputable strategy to fight insurgency is to deprive the insurgents of funds, because there is no dispute that illicit funds movement across borders fuels organized crimes, including terror attacks and insurgency in Nigeria.”