Boko Haram is currently starved of financial resources, the UN Under-Secretary-General for Political Affairs, Jeffrey Feltman, has said.
Feltman made the statement at the UN Security Council on Tuesday.
He noted that Boko Haram was under intense military pressure, but warned against undermining its capacity to launch fatal attacks.
“ISIL-affiliate Boko Haram is attempting to spread its influence and commit terrorist acts beyond Nigeria.
“And Boko Haram remains a serious threat, with several thousand fighters at its disposal.
“It is, however, plagued by financial difficulties and an internal power struggle, and has split into two factions,” Feltman said.
Feltman presented a report which noted that ISIL had conducted a range of attacks in Europe since 2014.
The report observed that military offensive in Libya had dislodged ISIL from Sirte, the group’s threat to neighboring countries persists.
“Its fighters, estimated to range from several hundred to 3,000, have moved to other parts of the country.
“ISIL has increased its presence in West Africa and the Maghreb.
“The reported pledge of loyalty to ISIL by a splinter faction of Al-Mourabitoun led by Lehbib Ould Ali may elevate the level of the threat.”
“Although its income and the territory under its control are shrinking, ISIL still appears to have sufficient funds to continue fighting.
“ISIL is adapting in several ways to military pressure, resorting to increasingly covert communication and recruitment methods.
“But we need to do more, as Member States continue to face significant challenges to ensure effective international cooperation.
“Ultimately, it is the spread and consolidation of peace, security, development and human rights that will most effectively deprive terrorism of the oxygen it needs to survive,” he concluded.
Boko Haram is an affiliate body of ISIL or ISIS.