The Chief Executive Officer of the Nigerian Financial Intelligence Unit, Hafsat Bakari, has called for the adjustment of the Anti-Money Laundering and Counter-Financing of Terrorism and Proliferation framework to accommodate those in the private sector.

She noted that their inclusion would guarantee the success of strategies aimed at disrupting the finances of terrorists.

Bakari, according to a statement shared by the NFIU’s spokesperson, Sani Tukur, on Thursday, spoke at an event organised by the Centre for International Private Enterprise in Washington, D.C.

Bakari also called on the international community to help curb terrorism financing in the country.

The statement partly read, “Bakari noted that Nigeria is on the receiving end of terrorist activities in the Sahel and must adjust its AML/CFT/CPF strategy to include the private sector to succeed. She added that Nigeria faces a significant internal crisis of banditry and kidnapping linked to terrorism and that the flow of weapons from Libya is a source of concern, directly associated with the escalation of Nigeria’s internal security crisis”

She stated that her agency had revived the Joint Task Force created to fight terrorism financing in the Sahel.Bakari added that member states would meet in Abuja to sign a memorandum of understanding later in the month.

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