The Federal Government of Nigeria has released a list of 48 individuals and 12 corporate entities allegedly linked to terrorism financing, as part of renewed efforts to dismantle extremist funding networks across the country.
The list was published by the Nigeria Sanctions Committee, operating under the Office of the National Security Adviser (ONSA), which is responsible for implementing sanctions in line with international obligations.
According to the committee, those named are allegedly connected to proscribed groups including Boko Haram, Islamic State West Africa Province (ISWAP), Ansarul, and Indigenous People of Biafra (IPOB).
The sanctions framework, established under the Terrorism (Prevention and Prohibition) Act 2022, empowers authorities to impose measures such as asset freezes, travel bans, and financial restrictions aimed at disrupting terrorism financing and the spread of illicit weapons.
The committee said the latest designation reflects ongoing efforts to enforce United Nations sanctions regimes and improve coordination among security agencies, financial intelligence units, and law enforcement bodies.
The development comes amid continued terrorist activity, particularly in Nigeria’s North-East region, alongside intensified government action against suspected collaborators and financiers.
Meanwhile, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed that no fewer than 386 terrorism suspects have been convicted through ongoing terrorism-related trials.
He said 508 defendants were arraigned during a four-day special court sitting at the Federal High Court in Abuja, facing charges including terrorism financing, logistical support, concealment of information, and membership of proscribed organisations.
The Federal Government reiterated its commitment to dismantling terrorist networks through a combination of financial sanctions and judicial prosecutions
