NIGERIA DELISTED FROM FATF GREY LIST — TINUBU HAILS GLOBAL CONFIDENCE IN NIGERIA’S ECONOMY
By: Safiya Abdulrahim Dabban
President Bola Ahmed Tinubu has welcomed Nigeria’s removal from the Financial Action Task Force (FATF) grey list, describing it as a major step toward restoring global confidence in the nation’s financial system.
The FATF, which sets global standards against money laundering and terrorist financing, announced Nigeria’s delisting at its Plenary in Paris, France.
President Tinubu said the milestone reflects his administration’s commitment to transparency, accountability, and strong economic reforms. He commended the Nigerian Financial Intelligence Unit (NFIU), relevant ministries, security agencies, and international partners for their joint efforts in achieving this feat.
He added that Nigeria’s successful completion of the FATF Action Plan demonstrates the country’s determination to strengthen its anti-money laundering and counter-terrorism financing framework.
President Tinubu emphasized that the delisting represents not just a technical victory but a renewed vote of confidence in Nigeria’s financial governance and economic direction.