Roundtable: The Prevalence of Kidnapping for Ransom in Nigeria: A Critical Aspect of Terrorist Financing

Session Submission Type: Roundtable Session

Abstract/Description

In Nigeria, kidnapping for ransom has become a significant means of terrorist financing, particularly in areas affected by groups like Boko Haram. This paper explores the complex nature of this issue and its implications for terrorist financing. Factors contributing to its prevalence include economic disparities, weak law enforcement, and the strategic tactics of terrorist groups. Large ransom payments only serve to fuel terrorist activities, such as the acquisition of weapons and recruitment efforts. Addressing this problem requires a comprehensive approach, including more vigorous law enforcement, addressing the root causes of terrorism, international cooperation, and targeted financial measures. By effectively addressing kidnapping for ransom, we can disrupt the financial networks that support terrorism and mitigate its impact on Nigerian society.

Sub Unit

• Area XIV. Roundtables

Chair

• Paschal Ezeihuoma, University of Pittsburgh

Discussants

• Ifeoma Okoye, Virginia State University

• Festus Obi, East Texas Baptist University

• Abiodun Raufu, Southern University and A&M College

• Lucy Tsado, Lamar University

• Ihekwoaba D. Onwudiwe, Texas Southern University

• O. Oko Elechi, Mississippi Valley State University

• Robert Mupier, Texas Southern University

• Doris Bestman, University of Alabama in Huntsville

• Alaba Oludare, Bankruptcy & Debt Attorney at Houston

• Oludayo Famakin-Johnson, Texas Southern University