From: Femi Oyelola, Kaduna
A Northern think tank, Arewa Think Tank (ATT), has hailed President Bola Ahmed Tinubu’s administration for Nigeria’s removal from the European Union’s list of high-risk jurisdictions for money laundering and terrorists financing.
The delisting, effective January 9, 2026, reflects the success of sustained reforms in Nigeria’s financial and regulatory systems.
The Convener of Arewa think tank, Muhammad Alhaji Yakubu, stated that the decision is a strong endorsement of President Tinubu’s commitment to financial transparency, institutional reforms, and global best practices.
The EU Commission’s removal of Nigeria from the list following resolutions adopted at the Financial Action Task Force (FATF) plenaries in June and October 2025, which acknowledged Nigeria’s progress in strengthening its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework.
The delisting is expected to have far-reaching implications for Nigeria’s economy, easing financial transactions with European countries and reducing compliance costs for Nigerian banks and businesses.
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