Due to an increase in supply, the price of an AK-47 dropped from $250 to $75 in the Niger Delta over an 18 month period.
Source: Douglas Farah, ” The Merchant of death,” Foreign Policy, November/December 2006, Sidebox: Arms Around the World, pg. 59.
Havocscope - Global Black Markets
Information and Statistics on the Black Market
Due to an increase in supply, the price of an AK-47 dropped from $250 to $75 in the Niger Delta over an 18 month period.
Source: Douglas Farah, ” The Merchant of death,” Foreign Policy, November/December 2006, Sidebox: Arms Around the World, pg. 59.