Business A.M
No Result
View All Result
Thursday, February 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Boko-Haram/ISWAP takes over West Africa biggest fish market         

by Chris
February 1, 2019
in Frontpage

 By Jacob Ajakaiye, In Kano

 

 

The el-Barnawi faction of the Boko-Haram insurgent group, and its foreign affiliate, the Islamic State West Africa Province (ISWAP), is now in full control of some strategic fishing communities in the Lake Chad of Nigeria.

 

          The group has also taken over tax administration in the area, through which it is building up its revenue base which is being used to finance the scale of insurgence activities in the country.

Yunusa Ya`u, executive director, Centre for Information Technology and Development (CITAD), one of the not for profit organizations working in the states in the North East of the country, where the insurgent group is active, confirmed this development, exclusively to business.a.m.

Ya`u disclosed that the group has been able to effectively neutralized the fish supply from the Lake Chad of Nigeria, established new markets in Chad and Niger republic, and using revenue flow from the business to fund it operations.

“ISWAP have effectively neutralized the biggest fish market in West Africa, the Baga Fish Market situated in Maiduguri, Borno State, instead they have created two major fish markets outside Nigeria, one is in Kusiri in Chad, while Nigerian traders mostly from South Eastern Nigeria now access through Mubi in Adamawa state.

“The second fish market created by the group is situated in Kinchhandi in Niger Republic, where traders from Hadeija in Jigawa and Kano states access for their market stocks,” Ya`u said.

         “Between 2013 and 2015 about 90 percent of the territories that constitute Northern Borno, in addition to significant entities in Central and Southern Borno were totally in the hands of the Boko-Haram.

“These local government areas bear natural land borders with three countries namely: Niger Republic, Chad and Cameroon. But, few months to the 2015 general elections things began to change dramatically. The insurgents began to lose territories steadily. This upsurge in momentum continued into the change of government in May, 2015.

“With the new regime, and the appointment of new military service chiefs, the military was able to change the fortune of the war, and built bases in 22 areas captured by them. With these network of bases coupled with several satellites of bases, the military effectively choked and smoked out the insurgents,” he said.

Ya`u noted that with the backing ISWAP has at the moment would it turn the war to it advantage, as group has been able to take over 15 out of the 22 military bases previously liberated from them.

“These losses has come with weightier implications. For instance with ISWAP in control of all the fertile agrarian and aqua resources of the Lake Chad communities, they have introduced a new tax regime and services to the local people.

“It seems the military in the height of the control over these territories did not present themselves as a valued option to the villages, unlike, the ISWAP which now control some of these villages, is now providing basic amenities to the people of the area.

“The group is now providing security in the areas they now controll and working with fish traders in the Communities, and have effectively neutralized the biggest fish market in West Africa,” .

In view of the on-going development, the CITAD `s ED is calling on the Feder

al Government to institute a full probe of the on-going military campaign against the insurgence group.

Previous Post

In Kano, Buhari promises electorates peaceful, prosperous Nigeria

Next Post

Energy, fire, motor top in N4.2bn claims payment by Sovereign Trust in 2018 as firm commits to insured citizens

Next Post

Energy, fire, motor top in N4.2bn claims payment by Sovereign Trust in 2018 as firm commits to insured citizens

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
Egbin Power targets youth employability with tech skills initiative

Egbin Power targets youth employability with tech skills initiative

February 10, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

February 11, 2026
Affordability becomes key economic variable ahead of 2026 FIFA world cup

Affordability becomes key economic variable ahead of 2026 FIFA world cup

February 11, 2026
Access Holdings charts new course for pan-African expansion in value optimisation drive

Access Holdings faces regulatory speed bump in Bidvest acquisition

February 11, 2026
Releaf Earth’s credits put Africa’s carbon finance ambitions in spotlight

Releaf Earth’s credits put Africa’s carbon finance ambitions in spotlight

February 11, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Egbin Power targets youth employability with tech skills initiative

    0 shares
    Share 0 Tweet 0
  • inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

February 11, 2026
Affordability becomes key economic variable ahead of 2026 FIFA world cup

Affordability becomes key economic variable ahead of 2026 FIFA world cup

February 11, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M