The Nigerian government has taken decisive action against terrorism financing by identifying and sanctioning 19 individuals and six Bureau De Change (BDC) firms implicated in such activities.
This revelation came to light through a document obtained by PREMIUM TIMES, detailing the efforts of the Nigeria Sanctions Committee (NSC), chaired by the Attorney General of the Federation.
Among the individuals named are Tukur Mamu, a Kaduna-based publisher, and Abdulsamad Ohida, described as a senior commander of the Islamic State West Africa Province (ISWAP). The NSC outlined their alleged roles in financing terrorism, including facilitating ransom payments and coordinating attacks on religious and correctional facilities.
Additionally, six BDC firms, including West and East Africa General Trading Co. Ltd and Settings Bureau De Change Ltd, were identified for their involvement in transferring large sums of money linked to terrorism activities. These firms were found to have facilitated financial transactions that supported terrorist groups’ operations.
The NSC’s actions signal the government’s commitment to combating terrorism financing and disrupting illicit financial networks. By freezing the assets of the sanctioned individuals and entities, the government aims to prevent further funding of terrorist activities and dismantle their support structures.
Furthermore, the NSC has called for enhanced vigilance in monitoring financial transactions and reporting suspicious activities to the appropriate authorities. This proactive approach underscores the government’s determination to safeguard national security and protect citizens from the threat of terrorism.
The sanctions imposed by the government serve as a warning to those involved in terrorism financing, emphasizing the consequences of their actions. Moving forward, continued cooperation between law enforcement agencies and financial institutions will be crucial in identifying and apprehending individuals and entities involved in illicit financial activities.