By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NFIU uncovers 96 Boko Haram sponsors – FG
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

NFIU uncovers 96 Boko Haram sponsors – FG

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: February 4, 2022
Share
2 Min Read
Lai Mohammed
Lai Mohammed
SHARE

The Nigerian Financial Intelligence Unit has uncovered 96 financiers of terrorism, including 424 associates/supporters of the financiers.

The Minister of Information and Culture, Lai Mohammed, made this known during a briefing on the anti-corruption fight of the President, Major General Muhammadu Buhari (retd.)’s regime on Thursday.

The minister also said the fraud unit unmasked 123 companies and 33 bureaux de change linked with terrorism in the country.

However, Mohammed did not give the names of the sponsors and companies linked with terrorism.

- Advertisement -

He said: “For its part, the analysis by the Nigerian Financial Intelligence Unit, in 2020-2021, revealed 96 financiers of terrorism in Nigeria, 424 associates/supporters of the financiers, involvement of about 123 companies and 33 bureaux de change, in addition to identifying 26 suspected bandits/kidnappers and 7 co-conspirators. The analysis has resulted in the arrest of 45 suspects who will soon face prosecution and seizure of assets.

“Also, from its analysis of tax evasion and tax avoidance linked to corruption, NFIU has identified N3,909,707,678,112.43 in VAT and N3,737,918,335,785.82 in Withholding Tax due to the Government. NFIU has also sent 1,165 intelligence reports on cases of corruption, money laundering and other serious offences to 27 domestic agencies for investigation, prosecution and asset recovery.

“On terrorism financing, NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping and others with 19 countries. During the same period, 2020-2021, the organization returned fraudulently-obtained funds totalling US$103,722,102.83, 3,000 Pound Sterling; 7,695 Singapore Dollar and 1,091 Euros to 11 countries of victims who came into the country.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:boko haramFGLai Mohammed
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article In this file photo taken on October 23, 2019 Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC. Nicholas Kamm / AFP Facebook parent Meta sheds US$200 bn in stock plummet
Next Article APC APC inaugurates 34 state chairmen

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 2 weeks ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Osinbajo Urges Nigerian Youths and Christians to Embrace Political Participation for Lasting Change
News
Kenneth Okonkwo
Kenneth Okonkwo Alleges Peter Obi’s Betrayal Amid Labour Party Leadership Crisis
Politics
Nigeria Police Extends Deadline for Tinted Glass Permit Compliance to August 12
Security
Reps Summon Finance Minister Edun and CBN Governor Cardoso Over Fiscal Responsibility Act Breaches and Audit Infractions
News
Former SGF Olu Falae Claims He Won 1999 Presidential Election by Over One Million Votes
Politics
- Advertisement -
Ad imageAd image

You May Also Like

APC
Politics

Lagos APC Sets Tuesday for Official Campaign Launch Ahead of July 12 Local Government Elections

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 14, 2025
News

Senate Considers Raising Supreme Court Judges to 30 to Address Case Backlog

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 14, 2025
News

NiMet Forecasts Three Days of Thunderstorms and Rain Across Nigeria Starting Saturday

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 14, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?