Metro Chad is Sponsoring Boko Haram Because of Greed For Borno's Oil Deposits

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An exclusive report by THE CABLE claims that Nigeria's neighbor, Chad is a sponsor of the boko haram terrorists because they the small West African country wants to lay hold of oil deposits in Borno state.

What started as mere suspicion in Nigeria’s security circles is now being treated with utmost seriousness: Chad may be the major backer and staying power of Boko Haram ─ with eyes on the oil deposits in the Chad Basin, Borno state.

Preliminary surveys have indicated that there is hydrocarbon deposit in an area covering 3,350 square metres in the Chad Basin, with federal government pumping close to N30bn in the last two years into feasibility studies of the oil potential there.

Countries such as Chad, Niger and Sudan with similar structural settings are already exploring or producing oil on their own soil, leading to conclusions that it is a matter of time for Nigeria’s turn. The lukewarm attitude of Nigeria’s neighbours, particularly Chad and Cameroon, to the Boko Haram threat has long been attributed to regional rivalry rather than economic interest.

However, circumstances surrounding the phantom ceasefire deal brokered in October by Idriss Déby, the president of Chad, have alerted the security agencies to a possible involvement of the west African country in the insurgency. “Chad might be eyeing control of the Chad Basin in Borno state, which is believed to be very rich in hydrocarbon reserves,” a senior military officer told TheCable.

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SOURCE: #TheCable

#Chad #Deby #Bokoharam #Cameroon #Borno

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