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
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, Moghalu 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
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.