Tinubu: Over 100 Terror Financiers Convicted in Two Years
President Bola Ahmed Tinubu revealed that over 100 individuals financing terrorism have been prosecuted and convicted in the past two years.
Speaking at the 2025 National Anti-Money Laundering, Counter-Financing of Terrorism, and Proliferation Summit in Abuja, Tinubu, represented by Secretary to the Government of the Federation (SGF) George Akume, attributed the achievement to coordinated efforts by the Office of the National Security Adviser and the Attorney-General of the Federation.
“The government’s strategy of targeting the financial backbones of terror organisations like Boko Haram and ISWAP has been instrumental,” Tinubu said. “By taking away the funds and resources behind these groups, we are denying them the ability to terrorise our communities. This approach aligns with global best practices in combating serious crime.”
The administration’s strategies, including the National Anti-Money Laundering and Counter-Terror Financing Strategy, National Anti-Corruption Strategy, and the National Drug Control Master Plan, focus on disrupting financial networks that support terrorism and organised crime.
Tinubu noted that law enforcement agencies such as the Nigeria Police, EFCC, ICPC, and NDLEA have received significant capacity upgrades, leading to a more effective crackdown on organised crime.
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Highlighting the role of the private sector, Tinubu emphasized the importance of financial institutions, lawyers, accountants, and capital market firms as the first line of defence against financial crimes.
He also praised regulatory agencies like the CBN, SEC, and the National Insurance Commission for their efforts in strengthening financial oversight.
“An efficient private sector is crucial to Nigeria’s ambition of becoming a middle-income country,” he stated, calling for enhanced regulatory predictability and efficiency. Tinubu further acknowledged the Special Control Unit Against Money Laundering under the EFCC for its work in ensuring compliance across financial and non-financial sectors.
