The Federal Government of Nigeria has published a list of 48 individuals and 12 corporate entities allegedly linked to terrorism financing, in a renewed push to dismantle extremist funding networks across the country.
The list, released by the Nigeria Sanctions Committee under the Office of the National Security Adviser, identifies persons and organisations said to have connections with proscribed groups including Boko Haram, Islamic State West Africa Province, Ansarul, and the Indigenous People of Biafra (IPOB).
According to authorities, the sanctions are backed by the Terrorism (Prevention and Prohibition) Act 2022, which provides for measures such as asset freezes, financial restrictions, and travel bans aimed at curbing the financing of terrorism and the proliferation of weapons.
Officials said the updated list forms part of Nigeria’s broader efforts to enforce United Nations sanctions and enhance collaboration among security agencies, financial intelligence units, and law enforcement bodies.
The move comes amid ongoing security challenges, particularly in the North-East, where insurgent activities have persisted despite sustained military operations.
Meanwhile, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed that at least 386 terrorism suspects have been convicted through ongoing prosecutions.
He revealed that 508 defendants were recently arraigned during a four-day special court session at the Federal High Court in Abuja, facing charges including terrorism financing, providing logistical support, concealment of information, and membership of banned organisations.
The government reiterated its commitment to combating terrorism through a combination of financial sanctions and judicial action, aimed at weakening the operational capacity of extremist groups and ensuring accountability.