Insecurity: ‘Disrupt terrorism financing’ – COAS charges Nigerian banks

The Chief of Army Staff, COAS, Lieutenant General Waidi Shaibu, has called connected Nigeria’s banking assemblage to fortify efforts astatine disrupting coercion financing and different illicit fiscal flows that endanger nationalist security. 

The COAS made the telephone on Monday while receiving the Group Managing Director, GMD of the United Bank for Africa, UBA, Mr Oliver Alawuba, during a courtesy sojourn to the Army Headquarters, Abuja. 

He described the fiscal assemblage arsenic a captious stakeholder successful safeguarding nationalist stableness and supporting economical resilience.

Lieutenant General Shaibu urged Mr Alawuba, successful his capableness arsenic Chairman of the Body of Bank CEOs to mobilise the banking manufacture towards enhancing fiscal surveillance and intelligence-sharing mechanisms susceptible of detecting and blocking suspicious transactions linked to terrorism, banditry, kidnapping, and different transgression activities. 

He emphasized that disrupting the fiscal lifelines of transgression networks remains a cardinal constituent of Nigeria’s counter-terrorism and interior information strategy.