Naira scarcity: ISWAP, Boko Haram experiencing hardship – Army

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The Army says Boko Haram and ISWAP terrorists are experiencing hardship due to the naira scarcity.

Theatre Commander, North East Joint Task Force, Operation Hadin Kai, OPHK, Maj-Gen Ibrahim Ali, who said this, noted that the Naira swap and cashless policy of the Central Bank of Nigeria, CBN, mitigated violent extremism in the North East.

Ali made this claim while interacting with members of the Nigerian Union of Journalists (NUJ), Borno State Council, on Tuesday in Maiduguri.

The commander described the policy as a positive step, adding that it has mitigated terrorists’ activities since its inception.

“The terrorists who had been exposed to hard 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.

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