President Muhammadu Buhari on Thursday in Abuja signed into law, three bills aimed at improving the anti-money laundering and counter-terrorist financing/proliferation financing framework in Nigeria.
“The new laws have provided enough punitive measures and containment strategies against abuses and compromises,” he said, noting that the inadequacy of all the repealed Acts had impacted legal actions against offenders. The President noted that the 9th National Assembly has proven to be patriotic, responsive, resourceful and industrious in its legislative assignments, recalling that on January 14, 2022, he had sought expeditious passage of the said bills.
“The repeal of the Terrorism Act, 2011 as amended in 2013, and enactment of the Terrorism Prevention and Prohibition) Act, 2022 provides for the effective implementation of international instruments on the prevention and combating of terrorism and suppression of the financing of terrorism. He explained that the new law mandates the creation of dedicated accounts for the proceeds of crime and other confiscated assets in order to enhance the accountability of the process:
“The robust frameworks diligently enshrined in the Acts can only serve useful purposes when every bit of them is enforced.”
We need to find this bill to look at the details
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NBBF crisis: Buhari withdraws Nigeria from all basketball competitionsPresident Muhammadu Buhari has approved the immediate withdrawal of Nigeria from all international basketball competitions for a period of two years. Why This country na wa Oo who cares😏😏
Source: Daily Trust - 🏆 13. / 51 Read more »
Deborah: Buhari should act, Nigeria not ruled by Sharia law - Femi BranchPresident Muhammadu Buhari has been told to treat the case of Deborah Samuel, who was burnt to death by a mob for blasphemy in Sokoto State, as a criminal We are ruled by something more worse As if buhari is not giving thumbs up for the bandits that killed Deborah. One Nigeria remains a scam. Why not add it to the constitution if important, and try victims first. Absence is chaos. Have you thought of the impact if same is replicated?. What if someone is accused falsely of same without trial?, straight death. Who gets their side of the story?.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Insurgency: Nigeria ready to help South Sudan, says Buhari | The Guardian Nigeria News - Nigeria and World NewsPresident Muhammadu Buhari has expressed the readiness of Nigeria to lend a helping hand to South Sudan in fighting insurgency and restoring cohesion to the country. Help south sudan? When your own country is at the brink and verge of total collapse? Why don't you help your own country first before you help others. Do you even have what it takes to help anyone and what help do you even have to offer? Without prejudice to the logg of wood in your eyes, you are to help search for a specle of wood in another's eyes. This is a provabial misplacement of priority. Sad! Na wah o, how well is your home before you go care for another man's house? Nigeria we hail thee.misplacepriority
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Buhari Signs Money Laundering, Terrorism, Financial Crimes BillsPresident Muhammadu Buhari yesterday in Abuja signed into law, three bills aimed at improving the anti-money laundering and counter terrorist Sorry Sir, that bill is like, till the cows come home. Nigerians are more interested in the forthcoming elections. You could have enacted such money laundering, financial crimes bills in 2019. This is something sensitive for a government to have done before taking a cup of tea.
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Buhari says departing ministers will be replaced without delay | The Guardian Nigeria News - Nigeria and World NewsPresident Muhammadu Buhari on Friday in Abuja bade farewell to outgoing members of the Federal Executive Council (FEC), saying the departing Ministers would be replaced without delay. The president affirmed that a significant number of them had been sufficiently equipped to aspire to higher elective offices, including the Office of the President. Speaking at a […] Who even when they were part of the cabinet, of what use were they? I am submitting my CV Please put the youths among to serve the nation, they are talented and vibrant
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Buhari begs ASUU to end strike as ZLP, 15 others threaten protest | The Guardian Nigeria News - Nigeria and World NewsPresident Muhammadu Buhari has appealed to the Academic Staff Union of Universities (ASUU) to call off its strike in the interest of students. When would this man do the needful and stop begging? Would all apologies solve anything Why begging the students now to end the protests now Buhari always begging, what a shame
Source: GuardianNigeria - 🏆 1. / 94 Read more »