Somebody solved the riddle on Wednesday: former Senate president and former minister Dr Iyorchia Ayu. In brief, this is what Ayu said at the 5th Convocation Lecture of the Adekunle Ajasin University:

The oil wealth beneath the Chad Basin is fanning the embers of insurgency in the country because prominent businessmen and politicians in both Nigeria and Chad, in association with French companies, have invested heavily in oil exploration and exploitation. They are the principal financiers of, and arms suppliers to, Boko Haram. The group’s destabilisation of the north-eastern part of Nigeria benefits these investors because it delays exploration and production on the Nigerian side of Lake Chad.

The Lake Chad Basin is estimated to have a reserve of 2.32billion barrels of oil, and 14.65trillion cubic feet of natural gas. The oil and gas flows underground across the countries sharing the Lake Chad Basin: Nigeria, Chad, Niger and Cameroun. Using 3D drilling, Chad is not only tapping oil within its territory but also from Nigeria, to push up its production levels...

Read full Article: http://www..com.ng/index.php/national-news/item/1176-boko-haram-the-mystery-solved

I believe his story. I think there is element of truth in it considering the action of the chad president in the ceasefire negotiations.

Seriously..this theory has some atom of truth in it

This chadian president wants to use the head of the top five smartest people on earth(Nigerian)!
So what is the solution??since we are gradually unfolding the mystery behind the insurgency?

I have often said we need to ask questions regarding OIL in Borno/Chadian basin & URANIUM deposits/others too in the context of this BH terror war on nigeria.

Its becoming glaring that the "mohammed yusuf bh group" is just a pawn in the chess game of politicians and foreigners to achieve their selfish agendas.

@ops I av no reason to doubt this story, I once heard same from a reliable source. Don't b surprise wen u start hearing the names of those behind it.........for now, I think I will reserve m comments,sit back and watch as things unfold.

kuderrich:
@ops I av no reason to doubt this story, I once heard same from a reliable source. Don't b surprise wen u start hearing the names of those behind it.........for now, I think I will reserve m comments,sit back and watch as things unfold.

The problem is when we find out who is behind it, then what next? our gov't will just sweep it under the carpet as usual

Where do you put the chibok girls mystery in this theory

clara472:


The problem is when we find out who is behind it, then what next? our gov't will just sweep it under the carpet as usual

most likely it'll definitely b sweep under d carpet cos this are powerful people,gr8 economist and it may even lead to a tribal war. I jst hp they find a way of ending d insurgency ASAP

Seems to be true.

What I said about 3 months ago is now gaining momentum and acceptance after verification of my theory .