President Bola Tinubu says his administration has prosecuted and convicted over 100 terrorist financiers in the past two years.
Tinubu spoke in Abuja on Tuesday at the opening of the 2025 national anti-money laundering, counter-financing of terrorism, and proliferation summit.
Represented by George Akume, secretary to the government of the federation (SGF), the president said the federal government is targeting the financial resources sustaining terrorist groups in the country.
“We have made progress in tackling the threats of terrorism and other violent crimes through the gallant action of our frontline troops and our security agencies,” he said.
“However, in line with the national counter-terrorist financing strategy, we have also enhanced our abilities to identify and pursue those individuals that finance these violent acts.
“Through the efforts of the office of the national security adviser and the honourable attorney-general of the federation, we have prosecuted and convicted over 100 terrorist financiers in the last two years.
“By taking away the funds, resources, and material support behind Boko Haram and ISWAP, we are denying them the ability to inflict terror on our communities and citizens. We are creating an environment in which our rural areas will thrive once again. “
The president acknowledged private sector professionals’ crucial role in safeguarding the nation’s resources, including lawyers and accountants.
He described them as the first line of defence in the joint effort to protect Nigeria’s commonwealth.
Expressing concern about Nigeria’s greylisting in February 2023, Tinubu highlighted the severe economic and reputational consequences and reaffirmed the government’s commitment to implementing an action plan to address deficiencies in the national anti-money laundering framework.
