20 Hrs
Source:
الخليج
Nigerian gangs collect $6M in ransoms
A report reveals that Nigerian gangs earned approximately $6 million in ransom payments over the past year, with kidnapping incidents increasing by 66%, resulting in the deaths of 1,142 people, including 895 civilians. The mass kidnapping operation carried out by Boko Haram accounted for 90% of the total funds collected, with over 400 people kidnapped in Borno State and around 300 students and teachers from St. Mary’s School held hostage. The government paid about $5.8 million (7.78 billion Naira) in ransom amid growing international pressure. Criminal groups shared the proceeds from these kidnappings, which have become widespread (80%). The report recommends halting financial flows to combat the insurgency and emphasizes the need for economic stability to reduce funding for armed groups.
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