Security services in Nigeria have summoned six people and three business entities to answer questions regarding their alleged ties to terrorism financing. This move follows an official designation by the Nigeria Sanctions Committee (NSC) amid deepening probes into connections with the Islamic State West Africa Province (ISWAP).
Following an directive from the Nigeria Financial Intelligence Unit (NFIU), all assets and financial resources associated with these parties are currently frozen. This action complies with the 2022 Terrorism (Prevention and Prohibition) Act and international United Nations Security Council protocols.
NFIU representative Kingsley Amaku explained during a press event in Abuja that these decisions were the result of collaborative investigations and intelligence operations. The named individuals are Muktar Muhammad Adamu, Ibrahim Yakubu Ogirima, Adamu Chiroma, Ibrahim Abubakar, Abdullahi Umar Usman, and Babangida Muhammed Adamu Hammajam. The impacted companies include Abbal Bako & Sons Bureau De Change Limited, Generation Currency BDC Limited, and Nine to Nine BDC Limited.
Amaku highlighted that some of these parties, including Muktar Muhammad Adamu and two of the mentioned BDC firms, have also been sanctioned by the United States Department of the Treasury. Financial institutions have been ordered to block any accounts or resources tied to these suspects immediately. These measures highlight Nigeria’s commitment to working with global partners to dismantle terror funding networks and secure the national financial framework.
