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Terrorists have moved from conventional ways of funding their nefarious activities, evolving their financing techniques to mining and ransom taking

The Federal Government has disclosed that it is considering a nationwide ban on motorcycle and mining activities in the country as part of its strategy to curb terrorist activities as well as cut off their sources of funding and logistics which they have leveraged to execute their criminal activities.

This is part of the outcome of the National Security Council meeting which was presided over by President Muhammadu Buhari at the State House in Abuja on Thursday, July 21, 2022.

Abubakar Malami, the Attorney General of the Federation and Minister of Justice, who after the meeting addressed State House Correspondents in the company of Minister of Interior, Rauf Aregbesola, and Minister of Police Affairs, Maigari Dingyadi, said that investigations are still ongoing especially to establish the link between mining and motorcycles which they suspect provide funding for the supply of arms to the terrorists.

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The cabinet members were, however, silent on whether the ban would be nationwide or restricted to the affected regions of the country.

According to Malami, these terrorists have moved from conventional ways of funding their nefarious activities, evolving their financing techniques to mining and ransom taking, which is prompting federal government intervention.

The Attorney General explained that the nature of their activities has made government action imperative in order to guarantee the country’s security, although he noted that the government was not unaware of the economic consequences of the proposed resolutions, particularly the motorcycle ban.

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