FG pledges commitment to combating terrorism financing.
The Federal government says it remains committed to combating terrorism financing and illicit financial flows that threaten national and regional security.
The Coordinator of the National Counter Terrorism Centre (NCTC), Major General Adamu Laka, who made the pledge at a Financial Action Task Force (FATF) on-site meeting in Abuja, highlighted significant progress under the International Cooperation Review Group (ICRG) Action Plan, particularly in technical compliance, operational effectiveness, and inter-agency collaboration.
Laka revealed that over 730 terrorism-related cases have been prosecuted, with more than 90 being supported by the Nigeria Financial Intelligence Unit (NFIU), adding that collaboration between the NFIU and other agencies has curtailed illicit funds flow to terrorist networks.
The exercise aims to evaluate Nigeria's readiness for the FATF assessment, as Nigeria has been invited to join the FATF as a guest member, allowing participation in discussions and projects under Nigeria's flag.
Success in the upcoming FATF visit could lead to Nigeria's removal from the FATF Grey List.
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