Wednesday, 13 April 2016

Boko Haram entices Young Nigerian Entrepreneurs with Business Loans

Aid agency Mercy Corps has stated that Boko Haram has lured young entrepreneurs and business owners in northeast Nigeria to join the Islamist militant group by offering or promising capital and loans to boost their businesses.

It is also reported that many Nigerian youths – ranging from butchers and beauticians to tailors and traders – accepted loans for their businesses in return for joining Boko Haram. This loan is said to be a trap to get these young people join the group.  Those who cannot repay their loans are forced to join the militants or be killed, said the report from the U.S.-based aid agency.

“It is incredibly clever – either such loans breed loyalty or Boko Haram use mafia style tactics to trap and force young people to join them,” Inks told the Thomson Reuters Foundation.





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