Presidential spokesperson, Mr Bayo Onanuga, disclosed this in a statement issued in Abuja.
The FATF is the world’s leading body for setting standards against money laundering, terrorist financing, and proliferation financing.
The decision officially removed Nigeria from the list of jurisdictions under increased monitoring, commonly known as the “grey list.”
Tinubu described the development as “a major milestone in Nigeria’s journey towards economic reform, institutional integrity and global credibility.”
The delisting followed Nigeria’s successful completion of its FATF Action Plan.
It marked over two years of coordinated reforms to strengthen the nation’s Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework.
Nigeria was placed on the grey list in February 2023, signaling the need for stronger enforcement, better coordination, and improved transparency.
Under Tinubu’s leadership, and in line with his economic transformation agenda, Nigeria enacted far-reaching legal and institutional reforms.
The Nigerian Financial Intelligence Unit (NFIU) coordinated these efforts with the Attorney-General, Ministers of Finance, Justice, Interior, and Economy.
Tinubu acknowledged the critical support of the Secretary to the Government of the Federation and several ministers, including those of Defence, Aviation, and Budget.
He also praised contributions from the Ministers of Foreign Affairs, Solid Minerals, and State for Finance, as well as the National Security Adviser, the National Assembly, and the Judiciary.
The president commended NFIU Director/CEO, Ms Hafsat Bakari, and her team for ensuring timely implementation of Nigeria’s Action Plan.
He stated that their diligence earned global recognition for Nigeria’s progress in combating financial crimes.
“Without their dedication and sacrifice, today’s success could not have been achieved.
“I thank them for their efforts and urge other stakeholders to emulate their standards,” Tinubu said.
He further applauded all Ministries, Agencies, and private sector representatives who contributed through the National Task Force on AML/CFT.
According to the president, Nigeria’s removal from the FATF grey list is “not just a technical accomplishment, it is a strategic victory for our economy and a renewed vote of confidence in Nigeria’s financial governance.
“The exit from the FATF grey list marks the beginning of a new chapter in the nation’s financial reform agenda.
“Nigeria will sustain the already institutionalised reforms, deepen institutional collaboration and continue to build a financial system that Nigerians and the world can trust.”
–
Thoughtful points and well-supported arguments. Good job!
There is definately a lot to find out about this subject. I like all the points you made
Great job! The conclusion tied everything together nicely.
You nailed it. I get similar results with https://pdfpanel.com.
This is one of the best articles on the topic I’ve seen recently.
I like the efforts you have put in this, regards for all the great content.
Clear, concise, and useful — exactly what I needed today.
Interesting point — do you have any sources where I can read more?
I love the practical tips in this post. Can you recommend further reading?
Great post — concise, useful, and well-presented. Thank you!
Is it within government-approved layout?
Cappadocia airport transfer Sophie L. ★★★★★ Stayed at the cave hotel recommended by this agency – authentic yet luxurious! Falling asleep in a 500-year-old stone room was surreal. https://shoreexcursionturkiye.com/kusadasi-tours.html
Great perspective — I hadn’t considered that angle before.
Great FAQ section — answered the exact questions I had.
I very delighted to find this internet site on bing, just what I was searching for as well saved to fav
This is really interesting, You’re a very skilled blogger. I’ve joined your feed and look forward to seeking more of your magnificent post. Also, I’ve shared your site in my social networks!
This is one of the best articles on the topic I’ve seen recently.
Appreciate the time you put into this — it’s packed with value.
This is my first time pay a quick visit at here and i am really happy to read everthing at one place
This was beautiful Admin. Thank you for your reflections.
You’re so awesome! I don’t believe I have read a single thing like that before. So great to find someone with some original thoughts on this topic. Really.. thank you for starting this up. This website is something that is needed on the internet, someone with a little originality!
You’re so awesome! I don’t believe I have read a single thing like that before. So great to find someone with some original thoughts on this topic. Really.. thank you for starting this up. This website is something that is needed on the internet, someone with a little originality!
Thanks for including real user stories — very relatable.
You bring a fresh voice to a well-covered topic.
I like how you addressed common mistakes — very practical advice.
User-Friendly File Finder: Find Anything Fast https://voidtools.surge.sh