We Have Blocked Terrorism Financing In Nigeria – Malami

Abiola Olawale
Writer

Ad

Optimism as Nigeria’s Inflation Rate falls to 21.88% in July 2025

By Abiola Olawale Nigeria’s headline inflation rate has eased to 21.88% in July 2025, marking a continued downward trend from 22.22% in June, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). The NBS reported that the decline, representing a 0.34% drop month-on-month, signals optimism for economic…

Trump-Putin:Ukraine Targets Russian Oil, Arms Ahead of Summit

Hours before the Trump-Putin meeting in Alaska, Ukraine said it had struck an oil refinery in Russia and a Caspian port that Moscow uses to ship weapons from Iran for the war in Ukraine. Ukraine said it attacked overnight the Syzran refinery, owned by oil giant Rosneft and located in Russia’s Samara region, about 500…

Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced sanctions on Russian oil. The oil markets also remain concerned about an oil surplus after the EIA on Tuesday raised its forecast for the 2025 global oil…

Ad

The Minister of Justice and Attorney-General of the Federation (AGF), Abubakar Malami (SAN), has disclosed that the Federal Government has successfully blocked the channels through which funds get to terrorists.

Malami noted that government embarked on a thorough investigation which led to the discovery of the financiers.

He made this disclosure while addressing the press in New York, United States.

Recall that Malami accompanied President Muhammadu Buhari to New York to attend the 76th United Nations General Assembly (UNGA).

While the Minister fell short of disclosing the identities of the financiers, he however noted that the government has already began legal processes on the matter.

He added that evidences, court orders have been acquired and obtained.

In his words, “As far as that aspect (of terrorism financing) is concerned, we have succeeded, one, in identifying those that are responsible for funding.

“Two, blocking the leakages associated with the funding, and then, three, embarking on an aggressive investigation that is indeed impacting positively in terms of the fight against terrorism.

“One thing I can tell you for sure is that whatever we do, in terms of detention and arrest, is indeed backed by judicial processes.

“We have acquired and obtained legitimate court orders, taking into consideration the facts and material proof of evidence presented before the court on account of which the court eventually exercises its discretion in terms of granting orders that we can have the suspects in custody pending the conclusion of the investigation.”

This is coming days after the Special Adviser to the President on Media and Publicity, Mr Femi Adesina had disclosed that the government has no plan of naming and shaming the sponsors of terrorism in the country.

“Naming and shaming will not be the motive, bringing malefactors to justice will be it,” Adesina had said.

Ad

X whatsapp