Over 100 Terrorist Financiers Convicted in Two Years – Tinubu
President Bola Tinubu announced that his administration has successfully prosecuted and convicted over 100 individuals involved in financing terrorism over the past two years. This milestone was disclosed during the opening of the 2025 National Anti-Money Laundering, Counter-Financing of Terrorism, and Proliferation Summit in Abuja.
Represented by George Akume, the Secretary to the Government of the Federation (SGF), President Tinubu emphasized the federal government’s intensified efforts to dismantle the financial networks sustaining terrorist groups such as Boko Haram and the Islamic State West Africa Province (ISWAP).
“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,” Tinubu stated. “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.”
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The president lauded the efforts of the Office of the National Security Adviser and the Attorney-General of the Federation for their roles in the successful prosecution of over 100 terrorist financiers. He stressed that cutting off the financial and material support for terrorist organizations was crucial to weakening their capacity to inflict harm on Nigerian communities.
“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,” Tinubu noted. “We are creating an environment in which our rural areas will thrive once again.”
The president also highlighted private sector professionals, including lawyers and accountants, who are pivotal in safeguarding the nation’s financial system. Describing them as the “first line of defence” against financial crimes, he called for their active participation in protecting Nigeria’s economic integrity.
Acknowledging the economic and reputational setbacks caused by Nigeria’s greylisting in February 2023, Tinubu reiterated his administration’s commitment to addressing deficiencies in the national anti-money laundering framework. He assured stakeholders of the government’s dedication to implementing an action plan to restore the country’s standing on the global stage.
The summit brought together key policymakers, security experts, and private sector stakeholders, underscoring the nation’s united front in the fight against money laundering, terrorism financing, and proliferation.
