ISWAP
BreakingHighlightTop StoryTrending Story

Terrorism: FG uncovers 96 financiers, 424 associate financiers of Boko Haram, ISWAP

515

 

By Ajuma Edwina Ameh

 

The Federal Government has disclosed that it has identified 96 financiers of terrorism in Nigeria.

 

In addition, 424 associates/supporters of the financiers, 123 companies and 33 Bureau de change, were also linked to terrorism financing through investigations by the Nigerian Financial Intelligence Unit (NFIU).

 

This was disclosed by the Minister of Information and Culture, Alhaji Lai Mohammed, at a press conference on the administration’s fight against corruption in Abuja on Thursday.

 

According to the minister, 45 suspects have been arrested and will soon face prosecution and seizure of assets.

 

He said NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping, and others with 19 countries from 2020 to 2021.

 

He said: “To check terrorism financing in Nigeria, the Federal Government has deployed a plethora of tools, including the Money Laundering Act, 2004, the EFCC Act, 2004, the ICPC Act, 2000, Department of State Services (DSS) and the Nigerian Financial Intelligence Unit (NFIU) to deal with the issue of corruption, money laundering and terror financing.

 

“The ongoing harmonization of Bank Verification Numbers (BVN) with National Identification Numbers (NIN) is also a means of tracking the flow of funds within Nigeria and, by extension, tackling terror financing.

 

“For its part, the analysis by the Nigerian Financial Intelligence Unit (NFIU), in 2020-2021, revealed 96 financiers of terrorism in Nigeria, 424 associates/supporters of the financiers, involvement of about 123 companies and 33 bureaux de change, in addition to identifying 26 suspected bandits/kidnappers and 7 co-conspirators.

 

“The analysis has resulted in the arrest of 45 suspects who will soon face prosecution and seizure of assets.”

 

Persecondnews recalls that the federal government had in May, 2021, indicated that it would “soon” begin the prosecution of some highly placed Nigerians suspected to be financing terrorism in the Northeast after a report by the United Arab Emirates authorities identified six Nigerians as financiers of terrorism.

 

Leave a comment

Related Articles

Updated: UTME Controversy: JAMB Registrar Sobs, Apologizes as Thousands to Re-Take Exam

The Joint Admissions and Matriculation Board (JAMB) has formally accepted full responsibility...

Student Loan Process Improvement: Education Ministry, NELFUND, Stakeholders Inaugurate Committee

To optimize the disbursement process of the National Education Loan Fund (NELFUND)...

Breaking: 2025 UTME Results Under Fire: JAMB Admits Errors, Promises Review

The Joint Admissions and Matriculation Board (JAMB) has acknowledged errors that impacted...

Driver’s Licenses, Number Plates to Cost More – JTB

The cost of driver’s licences and number plate for Nigerians is set...

Why we ditched PDP – Kebbi senators

Barely seven days after six House of Representatives members defected to the...

Updated: Court Reserves Judgment on Sen. Akpoti-Uduaghan’s Suspension Case June 27

    A suit filed by suspended Senator Natasha Akpoti-Uduagha before the...

House of Reps Rejects Bill to Limit INEC’s Power, Six Others

A move to amend Nigeria’s 1999 Constitution, which would have significantly reduced...

Just in: Akpabio’s Case Takes New Turn as Sen. Akpoti-Uduaghan Faces Contempt Claims

Senator Natasha Akpoti-Uduaghan appeared at the Federal High Court in Abuja on...

Ancelotti Bids Farewell to Real Madrid

By Samuel Akpan with additional agency report Real Madrid coach Carlo Ancelotti...

22nd National Sports Festival: NOC Unveils Safeguarding Handbook, SAFE SPACE to Protect Athletes

In a significant step towards prioritizing athlete welfare and safety at the...

Police Crack Down on N452m, $210,000 Fraud Ring, Arrest Canadian, Nigerian Suspects

Two high-profile individuals have been arrested by the Nigeria Police Force for...

NJI to Judges: Ensure Safety, Protection of Women, Children, Marginalized

The National Judicial Institute (NJI) has called on judicial officers nationwide to...

US-China Tariff Truce: China Lifts Ban on Boeing Plane Deliveries

China has lifted its ban on airlines taking delivery of Boeing aircraft...

Just in: Court adjourns suit challenging Fubara, deputy governor’s suspension to May 26

A suit challenging the suspension of Rivers Governor Siminalayi Fubara, the Deputy...

FG Takes Steps to Revamp Power Sector, Launches DisCos Overhaul Pilot

By Joycelyn Ellakeche Adah In a bid to revamp Nigeria’s beleaguered electricity...

Tinubu Swears In New INEC Commissioners, CCB Board Members

President Bola Tinubu has sworn in two newly appointed commissioners of the...

Nigeria’s Oil Output Jumps 6% to 1.4mbpd in April – NUPRC

Nigeria’s oil production has increased to 1,485,700 barrels per day (bpd) in...

Olubolade, ex-Bayelsa military governor, ex-minister slumps, dies in Lagos 

A one-time Military Administrator of Bayelsa State and former Minister of Police...

ASUU election: Prof. Chris Piwuna in, Prof. Victor Osodeke out

      The Academic Staff Union of Universities (ASUU) has elected...