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Niger’s Junta in Urgent Bid to Sell Uranium Amid Cash Crisis
Niger’s Junta in Urgent Bid to Sell Uranium Amid Cash Crisis
By: Our Reporter
The ruling junta in Niger Republic is reportedly scrambling to offload a significant stockpile of uranium in a desperate attempt to shore up state finances, as the country grapples with a severe cash crunch, growing poverty, and a deteriorating security situation.
Recent reports indicate that Niger’s military leaders, struggling under mounting internal and external debt, have turned to China and Russia in a bid to secure a deal for dozens of tons of uranium stored in Arlit. However, Western powers, particularly the United States, have strongly warned against any sale of Nigerien uranium to Iran, setting a clear red line that could have serious geopolitical consequences.
The junta’s financial difficulties have become increasingly apparent in recent weeks. Niger’s Minister of Justice reportedly held discussions with magistrates, urging them to negotiate bail payments from certain detainees in exchange for their freedom. At the same time, tax officials have been aggressively shutting down businesses across Niamey to boost government revenue. Meanwhile, some security forces have faced delays in receiving their salaries, further highlighting the government’s fiscal struggles.
It is within this fragile economic landscape that the junta has intensified efforts to sell uranium, one of Niger’s most valuable natural resources.
Initially, Niger approached Chinese buyers, who expressed interest in purchasing 200 tons of uranium. However, at the last minute, the deal collapsed, leaving the junta scrambling for alternative buyers.
Desperate to push through the sale, Niger’s military rulers reportedly turned to an underground Russian company. According to intelligence sources, a clandestine plan is being put in place to fly the uranium out of Agadez, with a Russian linked company facilitating the transaction. The aircraft would reportedly land in Niger with the transaction value in U.S. dollars, load the uranium, and depart.
To cover their tracks, the junta is said to be forging documents to facilitate the sale through specialized state services. However, concerns have emerged that this Russian middleman may be acting on behalf of Iran, a move that could trigger serious diplomatic and economic repercussions.
U.S. Warning: “A Red Line Not to Be Crossed”
The reported connection between Niger’s uranium and Iran has drawn the attention of the United States, which has taken a firm stance against any such transaction.
A high-ranking U.S. delegation, including Molly Phee, former Deputy Secretary of State for African Affairs, Celeste Wallander, Deputy Secretary of Defense for International Security Affairs, and General Michael Langley, head of AFRICOM, visited Niamey on March 12, 2024, to directly warn the junta against selling uranium to Iran.
During a tense meeting with Prime Minister Ali Mahamane Lamine Zeine and Colonel Ibro Bacharou (alias “Souley Mai Konco”), the U.S. officials reportedly made it clear that selling uranium to Iran would cross a serious geopolitical red line.
Sources say that the head of the Nigerien junta distanced himself from the uranium sale, claiming that Ibrahim Moussa Gro, a special adviser on mines, had independently engaged in talks with Iran. However, observers believe this was merely an attempt to deflect blame and ease U.S. pressure.
Strengthening Niger-Iran Ties
Concerns over Niger’s uranium dealings with Iran intensified after Prime Minister Lamine Zeine visited Tehran in January 2024, a trip that resulted in closer economic cooperation between the two countries. Shortly after, a high-level Iranian delegation led by Deputy Foreign Minister for Economic Affairs, Dr. Mehdi Safari, traveled to Niamey on February 21, 2024, for further discussions.
Western intelligence sources suspect these engagements laid the groundwork for uranium sales to Iran, prompting the U.S. diplomatic intervention.
Meanwhile, Niger’s uranium industry is also entangled in legal disputes with foreign investors. French nuclear giant Orano has filed a second international arbitration case against Niger at the International Centre for Settlement of Investment Disputes (ICSID) in Washington. This follows an earlier case brought before the OHADA court in Abidjan. Orano accuses Niger of blocking its uranium exports, jeopardizing 900 jobs, and halting the redevelopment of the COMINAK mine, a project originally budgeted at 124 billion CFA francs ($206 million) over 20 years.
Canadian mining company GoviEx has also taken Niger to international arbitration over a contractual dispute. However, reports indicate that the junta has been forced to seek a settlement, realizing that the legal battle could further complicate Niger’s uranium sales on global markets.
Niger’s ruling junta finds itself in a precarious position, facing severe financial hardship, international scrutiny, and legal battles over its uranium industry. While the government seeks to liquidate its uranium reserves to fund state operations, the involvement of Russian intermediaries and possible links to Iran could jeopardize relations with key global powers and invite further diplomatic isolation.
With Western powers closely monitoring Niger’s actions, any unauthorized uranium sale could trigger sanctions, economic penalties, and increased geopolitical tensions. For the junta, the challenge lies in balancing economic survival with the risk of international backlash a gamble that could determine Niger’s future on the world stage.
Niger’s Junta in Urgent Bid to Sell Uranium Amid Cash Crisis
News
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
By: Our Reporter
Borno State Government has distributed relief materials to 434 indigenes of Ngoshe community in Gwoza Local Government Area who were recently rescued by security agencies after spending three months in Boko Haram captivity.
Governor Babagana Umara Zulum visited the victims in Pulka on Monday and directed the immediate distribution of food and non-food items to support their recovery and reintegration.

In compliance with the Governor’s directive, the Director General of the Borno State Emergency Management Agency (SEMA), Alhaji Ali Abdullahi Isa, promptly supervised the distribution exercise.
Each rescued person received a bag of rice, a bag of maize grits, a mattress, a wrapper, and a shadda, while children received two pairs of clothing.

In addition, 208 heads of households received N50,000 each, fulfilling Governor Zulum’s earlier pledge of financial assistance.
Speaking during the distribution, the SEMA Director General said the intervention was part of the government’s immediate response to ease the hardship faced by the rescued victims.

“I am here at the instance of His Excellency, Governor Babagana Umara Zulum, who was here some few days ago, and to deliver the items he directed that it should be given to you as emergency relief,” Ali stated.
The rescued individuals are currently receiving medical care and psychosocial support at a government facility. Upon completion of the rehabilitation process, they will be reintegrated into their respective communities.
The exercise was carried out alongside the Chairman of Gwoza local government, representatives of the Ngoshe community, and other officials.
Zulum Delivers Relief, Cash Support to 434 Ngoshe Residents Rescued from Boko Haram
News
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
By: Michael Mike
Borno State Governor, Babagana Umara Zulum, marked Democracy Day with the handover of two Mine-Resistant Ambush Protected (MRAP) vehicles and critical logistics to the Nigerian Army, after joining internally displaced persons (IDPs) for a symbolic celebration and distribution of food items to 2,500 beneficiaries.
The armoured MRAPs delivered to the Theatre Command of Operation Hadin Kai on Friday are intended to enhance troop protection against improvised explosive devices (IEDs) and ambushes which remain a persistent threat in the fight against insurgents. Additional logistics include operational Hilux vehicles and motorcycles for frontline soldiers in difficult terrains.
Zulum also marked Nigeria’s Democracy Day celebration with Internally Displaced Persons (IDPs) at the Madinatu camp where he distributed food supplies, non-food items, and cash gifts to thousands of beneficiaries.
The distribution, held at the Madinatu IDP camp, served to consolidate Zulum’s resettlement gains. Over the past seven years, Borno State Government has successfully resettled more than 2 million IDPs in their ancestral communities in a dignified and voluntary manner.
“It gladdens my heart today, the 12th of June, 2026, to celebrate June 12th, Democracy Day, here in Madinatu Camp, the only formal camp that is standing inside Maiduguri Metropolitan Council, today, to the glory of God and the benefit of mankind, for the distribution of food and non-food items. Inshallah, this camp will be closed this year. This will be our last distribution exercise in this camp, or the second to the last,” Zulum said.
However, Governor Zulum used the occasion to announce a timeline for the camp’s closure. The governor ordered that Madinatu camp be shut down within one month, vowing to similarly close most IDP camps across various Local Government Areas in the coming phase of his administration’s resettlement strategy.
“Democracy must translate into restoring the dignity of our people,” Zulum told the IDPs. “Living in camps is not a permanent solution. Our goal remains to return every displaced person to their ancestral homes with security and means of livelihood.”
In addition to the food items, Zulum approved N50,000 each for the 2,500 beneficiaries present at the event.
“Each of the 500 beneficiaries mentioned will receive a 25kg bag of rice and a 25kg bag of sorghum. Women will receive wrappers. I also promise to provide 50,000 naira to each beneficiary. This amount can be credited into their own individual accounts, inshallah,” Zulum said.
The exercise was attended by the APC’s State Deputy Chairman, Garba Mulima, APC State Vice Chairman (Central) Abdur Rahman Abdulkarim, Acting Chief of Staff, Dr Babagana Mallumbe, Member representing Jere at the State Assembly, Abba Kyari Kolo, commissioners and commissioner designates and several other senior government officials.
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
News
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
By: Michael Mike
Kano State Governor, Abba Kabir Yusuf, has commended the Department of State Services (DSS) for the arrest of a suspected gun courier intercepted while allegedly transporting weapons believed to be destined for criminal elements in Katsina State.
The commendation was contained in a statement issued by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa, on Thursday, June 12, 2026.

Governor Yusuf described the operation as a major breakthrough in the ongoing fight against banditry, terrorism and other violent crimes threatening communities across Northern Nigeria.
According to information provided by the DSS, the suspect, identified as Muhammad Abubakar, 30, was apprehended in Gezawa Local Government Area of Kano State while allegedly transporting four rocket-propelled grenade (RPG) tubes, three AK-47 rifles and two empty magazines to Funtua in Katsina State.
Preliminary investigations reportedly revealed that the suspect collected the weapons from an individual identified as Bello in the Maigatari border area of Jigawa State and was expected to receive N450,000 upon successful delivery of the arms.
Governor Yusuf praised the professionalism, vigilance and intelligence-driven approach of DSS operatives, noting that the timely interception prevented the weapons from falling into the hands of bandits and other criminal groups.
He said the operation underscored the critical role of intelligence gathering and effective collaboration among security agencies in tackling emerging security threats across the country.
The governor reaffirmed the commitment of the Kano State Government to supporting security agencies through sustained cooperation, logistics assistance and policies aimed at strengthening public safety throughout the state.
He also urged residents to remain vigilant and continue providing credible information to security agencies to aid efforts to combat crime and maintain peace.
Governor Yusuf expressed confidence that ongoing investigations would lead to the arrest and prosecution of all individuals connected to the alleged arms trafficking network.
The statement was signed by Sunusi Bature Dawakin Tofa, Director General, Media and Publicity, Government House, Kano.
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
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