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Banditry: Maiduguri arms dealer admits selling one bullet for N1,100, AK-47 rifle 700k

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A Maiduguri-based man has shared a video showing the moment an alleged gunrunner was being interrogated about some of his trade secrets.

The gunrunner who gave an insight into the cost of running terror gangs in Northwest disclosed that they were responsible for some of the illegal firearms brandished by bandits.

The viral video was shared by the man who simply identified himself as Dan-Borno via his on Twitter account, @DanBorno.

In the video, the alleged arms dealer could be heard demonstrating and explaining to the police that he sells a bullet for N1,100 while an AK-47 rifle goes for N700,000.

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He maintained that the AK-103 type rifle cost N900,000 and resell for N1m. The usual AK-47 rifle is N650,000.

The illegal firearms also noted that some variants of the AK style rifles cost much lower while machine guns, RPG and rear rifles cost more.

“……… I sell each bullet at the cost of N1,100.00 each while AK47 and AK49 goes for N700,000.00 and N1,000,000.00 respectively……”

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“The only thing that will make you fear them is the AK which we can also afford if Govt will find a way of doing so.”

His narration gives a clear notion that banditry indeed thrives and needs lots of money to buy arms to sustain the operation, which explains partly the kidnapping industry.

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According to the gunrunner, he claimed that he also supplies gangs like Turji and Dogo Gide.

Watch video:



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