TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Fed Govt uncovers 96 Boko Haram, ISWAP financiers

The Citizen by The Citizen
February 4 2022
in Headlines, Latest News
A A
0
Fed Govt uncovers 96 Boko Haram, ISWAP financiers

…name the sponsors – PDP challenges FG

…govt should stop deceiving Nigerians, says Falana

The Federal Government says it has uncovered 96 financiers of terrorism across the country, especially those backing Boko Haram and the Islamic State of West Africa Province (ISWAP).

This was disclosed by Minister of Information and Culture, Alhaji Lai Mohammed, during a press conference on the administration’s fight against corruption in Abuja on Thursday, February 3.

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

He said, “For its part, the analysis by the Nigerian Financial Intelligence Unit (NFIU), 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 seven co-conspirators. The analysis has resulted in the arrest of 45 suspects who will soon face prosecution and seizure of assets.”

Mohammed added that from the NFIU’s analysis of tax evasion and tax avoidance linked to corruption, the agency identified N3.0tn in VAT and N3.7tn in Withholding Tax due to the government.

“The 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,” the minister said.

He revealed that on terrorism financing, the NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping and others with 19 countries.

“During the same period, 2020-2021, the organisation returned fraudulently-obtained funds totalling US$103.7m, 3,000 Pound Sterling; 7,695 Singapore Dollar and 1,091 Euros to 11 countries of victims who came into the country,” Mohammed stated.

Responding however, the National Publicity Secretary of the Peoples Democratic Party (PDP), Mr. Dele Ologunagba, stated, “If they have found terror sponsors, they should name them.”

Ologunagba said the Buhari regime had no moral right to boast about fighting corruption when Transparency International had already revealed that Nigeria was the second most corrupt country in West Africa.

The PDP spokesman said it was unfortunate that the APC could still be playing games with the identities of terror sponsors despite the fact that thousands were being killed on Buhari’s watch.

“Over 10, 398 Nigerians were killed in 2021 alone and they are still telling us about plans to reveal terror sponsors,” he said.

This would not be the first time that the Buhari administation would claim to have identified terror sponsors.

In the United Arab Emirates in 2020, six Boko Haram sponsors were convicted for funding terrorism through money transfers from Dubai to Nigeria. Two of the convicts were jailed for life while others were sentenced between four to 10 years.

Through the bureau de change they operated, they wired a total of $782,000 to the terror group in 2019. According to UAE court proceedings, one of the facilitators of the transaction identified simply as ‘Alhaji Sa’idu,’ is allegedly based in Nigeria and responsible for facilitating the group’s access to funds from its sponsors.”  Another, “Alhaji Ashiru,” is tagged as a “Nigerian government official and senior undercover Boko Haram member” who facilitates the transfer of misappropriated public funds to the group.”

In May 2021, the Attorney-General of the Federation (AGF), Abubakar Malami, said 400 bureau de change operators who were Boko Haram sponsors had been arrested. Malami stated that they were arrested during an operation coordinated by the Defence Intelligence Agency, the Department of State Services, NFIU and the Central Bank of Nigeria.

He further revealed that the suspects were arrested northern states except Lagos. He said they were apprehended in Kano, Borno, Abuja, Lagos, Sokoto, Adamawa, Kaduna, and Zamfara during the operation that was sanctioned by President Buhari. The AGF promised that they would be prosecuted once the strike by court workers was called off.

However, Malami has failed to provide an update on the prosecution till date. Even when human rights lawyer, Femi Falana (SAN), who wrote a Freedom of Information request seeking an update on the case, the AGF’s office still failed to provide an update.

When contacted on Thursday, the AGF’s Spokesman, Dr. Umar Gwandu, said the identities of the suspects would be revealed in court.

“One of the steps associated with the process of prosecution is the arraignment of suspects in court. It is, therefore, logical that identities of such suspects will naturally be made known when their pleas are taken in court. Their identities will be made known at that point,” Gwandu said.

Meanwhile, Falana asked the Federal Government to stop deceiving Nigerians.

The senior advocate said it was unfortunate that the Federal Government which had a penchant for parading robbery suspects and Internet fraudsters, was still shielding terror financiers from prosecution.

“The AGF said last year that they had discovered 400 terror financiers. Now Lai Mohammed says they uncovered 96 in the same year. Is the figure 400, 96 or 496? They should stop deceiving Nigerians.”

He said it was curious that eight months since judiciary workers called off their strike, Malami had refused to arraign the terror sponsors.

“The AGF said the strike embarked on by court workers delayed the prosecution of the terror sponsors. The strike was called off over eight months ago. What is their excuse now,” Falana asked. – Additional report from Punch.

Previous Post

Oil vessel with 10 persons on board explodes off Delta State

Next Post

Egypt beat Cameroon on penalties to reach AFCON final

Related Posts

BREAKING: Kidnapped Oyo pupils, teachers regain freedom
Headlines

BREAKING: Kidnapped Oyo pupils, teachers regain freedom

July 10 2026
Tinubu meets security chiefs, Ribadu over insecurity
Headlines

Insecurity: Tinubu meets Security Chiefs in Aso Rock

July 10 2026
Xenophobia: 268 Nigerian returnees arrive in Lagos from South Africa
Latest News

Evacuation Flight: 282 Nigerians to arrive from South Africa today

July 9 2026
Death Threat: Nothing must happen to Obi, El-Rufai – Atiku warns Tinubu
Headlines

Death Threat: Nothing must happen to Obi, El-Rufai – Atiku warns Tinubu

July 9 2026
Tinubu debunks Peter Obi’s death threat claim
Headlines

Tinubu debunks Peter Obi’s death threat claim

July 9 2026
FG to allow journalists join troops during military operations
Headlines

Terrorists threaten to kill Oyo pupils on troops’ advance to holding location

July 9 2026
Next Post
Egypt beat Cameroon on penalties to reach AFCON final

Egypt beat Cameroon on penalties to reach AFCON final

Mike Pence rebukes Trump for insinuating VP powers to overturn 2020 presidential election

Mike Pence rebukes Trump for insinuating VP powers to overturn 2020 presidential election

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

APPOINTMENTS

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

ODDITIES

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

by The Editor
June 28 2026
0

Of bandits and their informants/sponsors

Police, military, others lost 282 rifles to gunmen – Report

by The Editor
June 27 2026
0

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

GLOBAL NEWS

Reps in rowdy session over motion to summon Tinubu

Xenophobic attacks: Reps reject calls to suspend ties with South Africa

by The Editor
July 10 2026
0

...

US readies more Iran strikes after ditching ceasefire

US readies more Iran strikes after ditching ceasefire

by The Editor
July 8 2026
0

...

China test fires missile into Pacific, alarms regional powers

China test fires missile into Pacific, alarms regional powers

by The Editor
July 6 2026
0

...

Nigeria to receive 270 more returnees from South Africa Wednesday

Nigeria to receive 270 more returnees from South Africa Wednesday

by The Editor
July 6 2026
0

...

US Supreme Court rejects ban on birthright citizenship

US Supreme Court rejects ban on birthright citizenship

by The Editor
July 1 2026
0

...

State of the States

Plateau Assembly moves to provide pensions for ex-lawmakers

Plateau Assembly moves to provide pensions for ex-lawmakers

by The Editor
July 10 2026
0

...

Gov. Nwifuru hails establishment of new Army Depot in Ebonyi

Gov. Nwifuru hails establishment of new Army Depot in Ebonyi

by The Editor
July 8 2026
0

...

Imo Police comb forests with drones, rescue kidnapped victim

Imo Police comb forests with drones, rescue kidnapped victim

by The Editor
June 28 2026
0

...

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

by The Editor
June 23 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
BREAKING: Kidnapped Oyo pupils, teachers regain freedom

BREAKING: Kidnapped Oyo pupils, teachers regain freedom

July 10 2026
Reps in rowdy session over motion to summon Tinubu

Xenophobic attacks: Reps reject calls to suspend ties with South Africa

July 10 2026
Plateau Assembly moves to provide pensions for ex-lawmakers

Plateau Assembly moves to provide pensions for ex-lawmakers

July 10 2026
APM asks FG to account for proceeds of subsidy removal

APM asks FG to account for proceeds of subsidy removal

July 10 2026

EDITORIAL REVIEW

Boko Haram destroyed over 500,000 houses in North-East – Agency

Deadly toll of living with terrorism – Punch

by The Editor
July 9 2026
0

Nigeria’s costly blackouts – Punch

Nigeria’s costly blackouts – Punch

by The Editor
July 8 2026
0

Herders’ violence: Enough excuses, implement ranching – Punch

Herders’ violence: Enough excuses, implement ranching – Punch

by The Editor
July 7 2026
0

US accuses Nigeria Police, Army of colluding with Fulani militias to launch attacks

What next after US terror financiers list? – Punch

by The Editor
July 6 2026
0

IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender

Nigeria is bleeding – Punch

by The Editor
June 26 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.