By Deborah Nnamdi

President Bola Tinubu announced that Nigeria has successfully prosecuted more than 100 terror financiers in the past two years as part of its ongoing efforts to combat terrorism financing and financial crimes.

George Akume, the Secretary to the Government of the Federation, who represented Tinubu at the National Anti-Money Laundering, Combating Terrorism Financing, and Counter-Proliferation Financing Compliance Summit in Abuja, highlighted the importance of disrupting the financial networks supporting terrorist groups such as Boko Haram and ISWAP.

Akume stressed that targeting the financial resources behind terrorism is key to the country’s national strategy to combat violent crime. “By cutting off their funding, we deny groups like Boko Haram and ISWAP the resources to terrorize our communities,” he said.

Hafsat Bakari, CEO of the Nigerian Financial Intelligence Unit (NFIU), also emphasized the need for collaboration among political leaders, financial institutions, law enforcement, and international partners in the fight against financial crimes. “No single entity can tackle this alone,” Bakari said.

This initiative is part of a broader strategy to strengthen Nigeria’s fight against terrorism and enhance security for its citizens.

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