Tuesday, August 26, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Analyst: Libya’s Oil Revenues Used to Arms Militias

May 3, 2022
Share on FacebookShare on Twitter

Libyan political analyst, Mukhtar Al-Jadal confirmed that “oil revenues go to arming militias, not the Libyan people, who suffer from poverty and deteriorating economic conditions.”

During press statements, Al-Jadal said there “is no mechanism for collecting oil revenues so far, and all that is presented are mere proposals. There are regions in Libya that produce oil and regions that export it, in addition to regions that do not benefit from oil revenues.”

Notably, Fawzi Al-Mansouri, a Major General at the Libyan National Army (LNA) said that oil revenues are being spent on funding militias.

He warned of the ongoing crisis with the Prime Minister of the outgoing Government of National Unity (GNU), Abdel-Hamid Dbaiba.

“The repercussions of the crisis between the LNA and Dbaiba threaten to truly collapse the unification of the military institution. Dbaiba is one of the people who does not want peace for Libya,” Al-Mansouri said in press statements

He described the GNU’s decision to stop paying LNA salaries as “political blackmail.” As well as stressing that they are “prepared for all possible scenarios, whether peace or war. War is not new to us. The international community should have forced Dbaiba to hand over power to the government appointed by Parliament.”

“The path that was agreed upon, including the understandings between 5+5 Joint Military Commission (JMC), and other steps disturbed Dbaiba, who wants chaos,” he concluded.

On Sunday, Prime Minister-designate, Fathi Bashagha accused Dbaiba of seeking to deepen divisions in the country.

In a statement, Bashagha also accused the GNU of “deliberately wasting public money, harnessing it for narrow personal and political interests, and misusing oil revenues in an outrageous form of corruption. This corruption threatens the financial position of the state, and undermines the rights of the Libyan people towards their capabilities and wealth, which have become dependent on the will of an outlawed gang.”

He also called for restraint, and not to be drawn into the deliberate political and military escalation by the outgoing government “The National Oil Corporation (NOC), the Central Bank (CBL), and the Libyan Investment Authority (LIA), must be protected from political exploitation,” he added.

Last month, Bashagha accused Dbaiba of supporting terrorism and armed militias. He confirmed his government has the ability to enter Tripoli, “but prefers to enter it peacefully, and without bloodshed.”

“The outgoing government is trying to drag us into a conflict that will lead to casualties,” he said. “Dbaiba wants to cling to power and loot Libyan funds,” he added, noting that it had spent money on terrorist and armed groups.

Tags: libyaLibyan AnalystLibyan MilitiasLibyan OilOil Revenues
Next Post

Libyan Human Rights Organisation Welcomes New ICC Strategy

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Turkish Warship Conducts Naval Exercise off Benghazi Coast with Libyan Participation

Failed Assassination Attempt Targets Libyan Militia Leader

Libya’s Benghazi Hosts 53 Nations for African Security & Intelligence Summit

EU Welcomes UN’s New Political Roadmap for Libya

Greece, Egypt & Cyprus Unite Against Turkey-Libya Maritime Agreement

Italy: Libya in Urgent Need of a New Government

EDITOR PICKS

Greece Pursues Maritime Agreement With West Libya

Libya’s Coast Guard Accused of Firing on Humanitarian Rescue Ship

Libya Urges Germany to Reopen Embassy Consular Office in Tripoli

US Report: Libya Deepens Strategic Energy Partnership With Washington

Libya Frees 25 Kurdish Migrants Detained on Route to Europe

Italy: Libya in Urgent Need of a New Government

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR