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Terrorism: Federal Govt Moves To Block All Sources Of Funding, May Suspend Mining

Nigeria’s Government is considering the blockage of all sources of funding of terrorism in the country, including suspending mining activities.
“The government is looking at what measures to take in terms of addressing, bridging and blocking associated sources of funding, including payment for ransom and indeed, the mining activities and the possibility or otherwise of suspending for the time being, mining activities, are being considered as well, by the government.”
The Attorney General of the Federation and Minister of Justice, Malami dropped the hints today, July 21 at a news briefing shortly after the weekly Federal Executive Council (FEC) meeting at the Presidential villa, Abuja.
He said that the Council, at the meeting presided over by President Muhammadu Buhari deliberated mainly on the logistics being used by the terrorists: Boko Haram and bandits among others in the act of executing their unfortunate act of terrorism and terrorising the country.
“It was extensively deliberated upon as to what needs to be done for the purpose of ensuring that their means of logistics are, indeed, adequately considered and necessary steps taken in degrading their capacity to move around. “So, discussions were carried out, deliberations made and sizeable resolutions in that direction were equally developed.
“The government would looked into that possibility with particular regard to restriction on use and distribution of motorcycles which is the most conventional logistical means being deployed by terrorists.
“Again, issues of funding of the terrorism and the terrorism act were discussed and deliberated upon and considered. As you rightly know, recently the government under the leadership of President Buhari had indeed, passed and assented to certain bills inclusive of the money laundering, prevention and prohibition act among others.
“With the passage of that law, and assented to, the conventional means of terrorists funding and financing was substantially and drastically addressed and that led to forensic analysis of, and identification of certain personalities that were in one way or the other connected with terrorism funding and financing.”
The minister said that at the Council certain innovations were brought into the terrorists funding and financing, inclusive of the use of mineral resources, which is the mining activities among others.
“And indeed, ransom which conventionally has been taken by the terrorists and then the need arises to now look into those frontiers that are being considered by the terrorists for the purpose of addressing them accordingly.
“A resolution was equally developed on the need to address frontally, attack and ensure at the end of the day, that other considerations be put in place by terrorists in terms of funding their activities are equally addressed.
“Again, other than logistics and funding, mining, other considerations were equally put in place on table for consideration by Council with particular regard to the unfortunate incident of the correctional service attack.”
Malami said that there are anticipated resolutions arising from the consequences associated with dereliction of duty, adding that issues associated with logistics of terrorists and bandits, with blockage of the source of funding, with the likely possible suspension of mining activities were looked into.
“It is a nexus and connection is, indeed, established and the issues associated with consequences for dereliction of duty if indeed, it established arising from the report expected and anticipated relating to the Kuje correctional incident.”

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