By Ologeh Joseph Chibu
President Bola Tinubu has disclosed that his administration is actively dismantling the financial networks sustaining terrorist groups in Nigeria.
According to Tinubu, over 100 individuals involved in financing terrorism have been prosecuted and convicted in the last two years.
The President, represented by the Secretary to the Government of the Federation, George Akume, made this known at the 2025 National Anti-Money Laundering, Counter-Financing of Terrorism, and Proliferation Summit held in Abuja. The report was monitored by Irohinoodua.
“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,” he stated.
Tinubu highlighted that cutting off the financial resources of groups like Boko Haram and ISWAP is critical to eradicating their ability to inflict harm. “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,” he said.
While the names of the convicted individuals were not disclosed, Tinubu’s comments underscore his administration’s focus on financial intelligence as a key component in the fight against terrorism.
