Lt Gen Waidi Shaibu, the Chief of Army Staff has called for concrete effort in disrupting terrorists financial operations as part of a broader move to curb the menace of terrorism.
Colonel Appolonia Anele, the official spokesperson of the Nigerian Army stated in an official statement released on Monday that this call was made by the Army chief in an audience with Group Managing Director and Chief Executive Officer of the United Bank for Africa, Oliver Alawuba at the Army headquarters.
“Nigeria’s banking sector must strengthen efforts at disrupting terrorism financing and other illicit financial flows that threaten national security.
“The financial sector is a critical stakeholder in safeguarding national stability and supporting economic resilience.
“Mr Alawuba, please use your capacity as Chairman of the Body of Bank CEOs, to mobilise the banking industry towards enhancing financial surveillance and intelligence-sharing mechanisms capable of detecting and blocking suspicious transactions linked to terrorism, banditry, kidnapping, and other criminal activities.
“Disrupting the financial lifelines of criminal networks remains a key component of Nigeria’s counter-terrorism and internal security strategy,”