Home News Revealed! What NITDA, NFIU Are Doing to Remove Nigeria From FATF Grey List

Revealed! What NITDA, NFIU Are Doing to Remove Nigeria From FATF Grey List

by Nwabuko

By Our Reporter

The National Information Technology Development Agency (NITDA) and the Nigeria Financial Intelligence Unit (NFIU) are collaborating to develop a robust Data Integration Management System in line with President Bola Tinubu’s directive to facilitate Nigeria’s removal from the Financial Action Task Force (FATF) Grey List.

Chimdimma Ndubisi reports that the initiative, designed to enhance Nigeria’s global reputation, will ensure efficient data availability, analysis, and tracking of financial transactions.

This system aims to curb money laundering and terrorism financing, aligning with global best practices.

President Tinubu remains committed to combating corruption and financial crimes through the adoption of cutting-edge technology and innovative strategies.

(NTA)

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