NAIRA SCARCITY EXPOSES ISWAP AND BOKO HARAM TO HARDSHIP – NIGERIAN ARMY
By Adeniyi Onaara
Maj-Gen Ibrahim Ali, Theatre Commander, North East Joint Task Force, Operation Hadin Kai, OPHK, stated that terrorists had been subjected to hardship owing to naira scarcity.
The Central Bank of Nigeria’s (CBN) Naira swap and cashless policy, according to Ali, have helped to reduce violent extremism in the North East.
He made the remarks while speaking with members of the Nigerian Union of Journalists (NUJ), Borno State Council, on Tuesday in Maiduguri, according to a source.
The policy, according to the commander, is a beneficial measure that has reduced terrorist activity since its beginning.
“Terrorists subjected to harsh living conditions have resorted to kidnapping, seeking for ransom in cash and requesting for foodstuff from their victims,” he said.
He said that the terrorists had also resorted to propaganda on social media in their desperate attempt to remain relevant.
More Stories
UPDATE: FG FREES SIX #EndBadGovernance PROTESTERD, TO ARRAIGN THREE
The federal government freed six #EndBadGovernance protesters this weekend, out of a total of 1,403 arrested and imprisoned across the...
DJ CUPPY MAKES HISTORY AS FIRST NIGERIAN TO HOST YOUTH OPENING SESSION AT UNGA
Florence Otedola, often known as DJ Cuppy, is the first British-Nigerian to host the opening session of the United Nations...
NEWS: GHANA POLICE ARREST 42 AT ECONOMIC HARDSHIP PROTEST
Ghanaian police claimed they arrested 42 demonstrators in the capital, Accra, following skirmishes during protests against economic hardship and the...
EFCC WARNS SKIT MAKERS AGAINST UNAUTHORIZED USE OF ITS UNIFORMS
The Economic and Financial Crimes Commission (EFCC) has expressed serious displeasure with skit producers' unauthorised use of its operational clothes...
COURT DISMISSES SUIT SEEKING TO REMOVE GANDUJE AS APC CHAIRMAN
Justice Inyang Ekwo of the Federal High Court in Abuja has dismissed a suit seeking to remove Abdullahi Ganduje as...
FOREIGN EXCHANGE: EXTERNAL RESERVES HIT 22-MONTH HIGH TO $37.31 BILLION – CBN
Nigeria's external reserves have reached a 22-month high of $37.31 billion, indicating considerable foreign inflows into the country's economy. According...