By Terhemba Daka, Abuja 06 December 2021 | 3:39 pm The Federal Government has refuted parts of a report by the Inter-governmental Action Group on Money Laundering in West Africa. The group was established by the Economic Community of West African States (ECOWAS) to help prevent and control money laundering and terrorist financing in the region. The report revealed that about N18 billion from the… ISWAP The Federal Government has refuted parts of a report by the Inter-governmental Action Group on Money Laundering in West Africa. The group was established by the Economic Community of West African States (ECOWAS) to help prevent and control money laundering and terrorist financing in the region. The report revealed that about N18 billion from the Islamic State West Africa Province (ISWAP) flowed through the country’s financial system to reach terror groups. But the Nigerian Financial Intelligence Unit (NFIU) disputed the report, describing it as untrue. NFIU said the story is “totally outdated and was based on a 2019 country evaluation report which is literally stale and irrelevant today.” “It is to the knowledge of the international community, our populace and the formal media organisations that several arrests were made through the on going Operation Service Wide approved by President Muhammadu Buhari at the Defence Intelligence Agency (DIA),” NFIU’s chief media analyst Ahmed Dikko said in a statement. “The exercise is continuing and far from over.” “In addition all funding of violence from all sections of the country are being evidently analysed and reported to all relevant authorities according to law. “It’s true that recently Nigeria fell a victim of illicit financial flows but overt and far reaching efforts are being executed by government to stem the bad practice.” The ECOWAS body released its report to justify putting Nigeria’s Financial System under enhanced review process alongside other countries in the Sahel. “We had formally faulted the report to the ECOWAS body while agreeing to partner with them to carry out further review processes to jointly attain global best practices on all counter measures against local and cross border violent crimes disturbing the entire West Africa presently,” Dikko said. “All our neighbours have proofs of our exchange of terrorist financial intelligence with them real time.” Latest 14 mins ago The holiday season is closer than ever, and people are getting ready to take some time off to cool off. All work and no play makes a dull and worn out you! If travelling is part of your cooling off for Detty December, preparing and packing for your trip is a delicate aspect to pay… 1 hour ago Bauchi State House of Assembly during its Monday plenary withdrew its earlier confirmation of the Commissioner of Education, Dr. Aliyu Tilde, over alleged disrespect of the lawmakers during the budget defence. The lawmakers had on December 3 ordered the Commissioner out of the defence hearing for keeping them waiting for one hour after the scheduled… 1 hour ago Wife of the Lagos State Governor, Mrs Ibijoke Sanwo-Olu on Monday in Lagos described the death of Sylvester Oromomi (Jnr), the 12-year-old student of Dowen College, 1 hour ago U.S. Ambassador Mary Beth Leonard has highlighted the U.S. government’s commitment as well as Varian’s efforts to significantly improving public health outcomes in Nigeria. 1 hour ago If you were given Agidi Jollof, what would you try it with? Pepper soup? Yam? This simple meal is a common one, eaten by all Nigerians and defies tribe. INGREDIENTS Corn Bone marrow/ Biscuit bone Tomatoes Habanero pepper Vegetable oil Seasoning cubes Seasoning powder Onion METHOD In a pot, pour the meat, onion, seasoning cubes…
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