By Zainab Uzomah|Abuja
The Federal Government of Nigeria has released a list of 48 individuals and entities allegedly linked to terrorism financing, as part of ongoing efforts to combat insecurity and disrupt funding networks supporting extremist activities.
According to information published by the Nigeria Sanctions Committee (NIGSAC), the designation targets persons and organisations suspected of providing financial or logistical support to terrorist groups operating within and beyond the country.
The committee, which operates under Nigeria’s counter-terrorism framework, said the move forms part of broader measures to identify, track, and block financial flows associated with terrorism. It noted that those listed are subject to sanctions, including asset freezes and restrictions on financial transactions.
Authorities emphasised that the action aligns with Nigeria’s obligations under international counter-terrorism financing regulations and reflectsintensified collaboration with global partners to curb illicit financial activities.
The government reiterated its commitment to strengthening national security and urged financial institutions, stakeholders, and the public to comply with the sanctions regime and report suspicious transactions linked to terrorism financing.
