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Controversy Trails Leaked List Of Terrorists’ Financiers
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There is controversy around the list of terror financiers purportedly leaked by the Nigerian Financial Intelligence Unit (NFIU) and reported on Wednesday, March 20, 2024.
Daily Trust reports that for nearly fifteen years, the federal government, right from the administration of former President Goodluck Jonathan, his successor, Muhammadu Buhari, and recently that of Bola Tinubu, have promised to expose terror financiers in the country with a view to unravelling the mystery surrounding the menace.
Thousands of people have been killed since 2009 when the Boko Haram crisis erupted; and the orgy of violence escalated with the onset of banditry in the North West and parts of North Central, as well as sundry crimes manifesting in different forms in other parts of the country.
A report by the Punch newspaper on Wednesday, said the federal government had uncovered the identity of 15 entities, including nine individuals and six Bureaus De Change allegedly involved in terrorism financing.
It said details of the development were revealed by the NFIU, in an email sent on Tuesday night, entitled “Designation of Individuals and Entities for March 18, 2024.”
It indicated that the document revealed that the Nigeria Sanctions Committee met on March 18, 2024, where specific individuals and entities were recommended for sanction following their involvement in terrorism financing.
“The Honourable Attorney General of the Federation, with the approval of the President, has thereupon designated the following individuals and entities to be listed on the Nigeria Sanctions List,” the document read in part.
Even though the first story clearly mentioned the Kaduna-based publisher, Tukur Mamu, who is currently being tried by the federal government for allegedly aiding the terrorists who attacked the Abuja-Kaduna train in March 2022, an updated story, which has gone viral on multiple platforms, listed other names and entities.
These include: Yusuf Ghazali, Muhammad Sani, Abubakar Muhammad, Sallamudeen Hassan, Adamu Ishak, Hassana-Oyiza Isah, Abdulkareem Musa, and Umar Abdullahi.
It also listed six BDCs and firms including the West and East Africa General Trading Company Limited, Settings Bureau De Change Limited, G. Side General Enterprises, Desert Exchange Ventures Limited, Eagle Square General Trading Company Limited and Alfa Exchange BDC.
Apart from Mamu, all the remaining names mentioned are not known, and efforts to unravel their identities did not yield any result as of press time.
NFIU disowns memo
Contacted yesterday to give more insight on the development, the Head of Public Affairs, NFIU, Abubakar Abba Ibrahim, said the organisation did not issue any statement.
Another senior official in the agency, Sani Tukur, said on the media WhatsApp platform of the agency, “There was no statement from our office sir. I have asked around and no one seems to know how they got it. I believe it is being investigated.”
Also contacted to know when the trial of the suspects will commence, a senior official in the office of the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, said they read the story.
“We saw nothing to expand on it because it is not new,” the source said.
The source further disclosed that the BDC operators and Tukur Mamu have been in court since their indictment in Dubai and arrest in Egypt, respectively.
Arrests started since 2020
Daily Trust had reported in April 2021, that dozens of persons have been arrested by security agents in an on-going nationwide crackdown on suspected financiers and collaborators of Boko Haram and other criminal groups in Nigeria.
Five months earlier, this newspaper had exclusively reported the jailing of six Nigerians in the United Arab Emirates (UAE) over allegations of terrorism financing.
It was gathered that the closely-guarded operation was being coordinated by the Defence Intelligence Agency (DIA), in collaboration with the Department of State Services (DSS), NFIU and the Central Bank of Nigeria (CBN).
As part of the operation, billions of naira traced to businesses belonging to persons of interest had been blocked in banks in a series of “post no debit” letters sent out to banks by the CBN and NFIU. The apex bank also obtained court orders directing freezing of dozens of accounts flagged for suspicious transactions.
A security source familiar with the operation confided in a national daily at the time that the operation started in 2020 with massive gathering and analysis of financial intelligence and drawing uplink analysis, leading to initial marking of some 60 businesses and individuals.
The source said an initial list of 957 suspects comprising bureau de change operators, gold miners and sellers, and other businessmen, was being acted upon.
Before the crackdown was relaxed, about 400 persons were arrested in a series of arrests in Kano, Borno, Abuja, Lagos, Sokoto, Adamawa, Kaduna and Zamfara.
Recent leaked findings
In the latest leaked document, it was stated that Mamu “Participated in the financing of terrorism by receiving and delivering ransom payments over the sum of $200,000 US in support of ISWAP terrorists for the release of hostages of the Abuja-Kaduna train attack.”
The document said one of the individuals is “The suspected attacker of the St. Francis Catholic Church, Owo, Ondo State on June 5, 2022 and the Kuje Correctional Centre, Abuja on July 5, 2022.”
Another was described as “A member of the terrorist group, Ansarul Muslimina Fi Biladissudam, the group is associated with Al-Qaeda in the Islamic Maghreb.
“The subject was trained and served under Muktar Belmokhtar, aka One Eyed Out, led Al-Murabitoun Katibat of AQIM in Algeria and Mali.”
The NFIU allegedly said the individual “Specialises in designing terrorist clandestine communication code and he is also an Improvised Explosive Device expert.
“The subject was also a gatekeeper to ANSARU leader, Mohammed Usman aka Khalid Al-Barnawi. Equally, he was a courier and travel guide to AQIM Katibat in the desert of Algeria and Mali. He is into carpentry. Subject fled Kuje Correctional Centre on July 5, 2022. He is currently at large.”
Another was identified as “A senior commander of the Islamic State of West Africa Province Okene.”
It said the individual “Came into limelight in 2012, as North Central wing of Boko Haram.
“The group is suspected of the attacks carried out around Federal Capital Territory and the South West Geographical Zone, including the June 5, 2022 attack on St. Francis Catholic Church, Owo, Ondo State.”
Another was described as “A financial courier to ISWAP Okene. She is responsible for the disbursement of funds to the widows/wives of the terrorist fighters of the group.”
According to the document, another of the individuals “In 2015, transferred N60 million to terrorism convicts”, and was said to have “Received a sum of N189 million between 2016 and 2018.”
The same person was said to “Own entities and business reported in the UAE court judgment as facilitating the transfer of terrorist funds from Dubai to Nigeria.”
Another individual was said to have “Received a total of N57 million from between 2014 and 2017.”
Another was said to have “Had a total inflow of N61.4 billion and a total outflow of N51.7 billion from his accounts.”
4 of 6 indicted BDCs not registered with CAC
Findings by Daily Trust revealed that four of the six bureaus de change allegedly named by the federal government as terrorism financiers are either not registered or have been delisted by the Corporate Affairs Commission (CAC).
Out of the six BDCs, only two, namely Desert Exchange Ventures Limited and Settings Bureau De Change were seen as registered with CAC although their statuses are inactive.
Subsequently, no results were found for West and East Africa General Trading Company Limited, G. Side General Enterprises, Eagle Square General Trading Company Limited and Alfa Exchange BDC.
This means they were either delisted by the CAC or have not been registered at all.
Desert Exchange Ventures Limited is located at NO. 18, M. Y. C. House, Lawan Dambazau Road, Kano and was incorporated on May 7, 2015, while Settings Bureau De Change is located at NO.43 Ibrahim Taiwo Rd, Kano, and was Incorporated on April 9 2014.
News
Heavy haul: N10bn Cocaine, Loud, opioids intercepted at Lagos ports(PHOTOS)
…as NDLEA nabs kingpins
. Recovers 401 military grade ammunition concealed in palm oil kegs, others in Kaduna, Katsina; seizes UK-bound tramadol consignment in black soup containers

A 55-year-old businessman, Onuigbo Ndubisi Chinedu who deals in clothing at the popular Balogun market, Lagos Island, has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) over attempt to export 3.30 kilograms of cocaine concealed in walls of cartons used to package foodstuffs going to the United kingdom.
Onuigbo was arrested on Thursday 23rd July 2026 following the interception of his cocaine consignment at the export shed of the Lagos airport the previous day, Wednesday 22nd July by NDLEA operatives. In the course of investigation, three cargo agents: Nkwor Onyekachukwu Justina; Adeleke Abiola Taoheed; and Ukanwa Grace Pilgrim, who handled the shipment were initially arrested leading to the arrest Kenneth Okakpu who delivered the consignment to the cargo agents for shipment to the UK.
Okakpu’s arrest provided the lead to identifying Onuigbo as the kingpin behind the syndicate and his eventually arrest while attempting to send another consignment of cocaine to the UK.

A 31-year-old entrepreneur Emmanuella Chukwu-Edo also involved in illicit drug trafficking was on Tuesday 21st July arrested at her Surulere Lagos residence by NDLEA operatives following the seizure of her consignment of 2.80kg Loud, a synthetic strain of cannabis, which arrived from the United States aboard a United Airlines flight on Monday 20th July.
In another interdiction operation at the Lagos airport, a total of Two Million Two Hundred and Forty (2,240,000,000) pills of Tapentadol 250mg worth over N2.2 billion in street value were recovered from a shipment from India aboard an Air Maroc flight during a joint examination of the cargo on Friday 24th July. The exercise was based on an intelligence received and processed by NDLEA. This came on the heels of the seizure of a consignment of tramadol buried in containers of black soap heading to the UK. The shipment was intercepted by NDLEA operatives at a courier firm in Lagos on Wednesday 22nd July.

At the Apapa seaport in Lagos, a container of three vehicles used to conceal a total number of 4,777 sachets of Canadian Loud weighing 2,388.5kg worth over N7.1 billion in street value, was uncovered during a joint examination of the shipment on Monday 20th July.
A suspect Mustapha Sani, 30, was on Wednesday 22nd July nabbed by NDLEA operatives
on patrol operation at Baure, Safana LGA, Katsina state where he was found with 323 rounds of military grade ammunition consisting of 200 pieces of 7.62mm and 123 rounds of 7.6mm neatly concealed.

Another suspect, Abubakar Amadu, 30, was arrested by NDLEA officers on stop and search operation at Jere, along Abuja-Kaduna expressway where he was found with 73 RLA, 7.62mm ammunition hidden in kegs of red oil. Both suspects have been handed over to the relevant security agency for further investigation.
In Edo state, raid operations at Ilushi community, Esan South East LGA, on Sunday 19th July led to the seizure of 1,286kg cannabis and 86kg cannabis seeds from a warehouse while Ojore Onweze, 45, was caught with 60kg skunk and George Agwumede, 30, nabbed with 13kg of the same substance.

With the same vigour, Commands and formations of the Agency across the country continued their War Against Drug Abuse (WADA) sensitization activities to schools, worship centres, work places and communities among others in the past week. These include: WADA sensitization lecture to students and staff of Government Day Secondary School, Sabon Wuse, Niger state; Government Girls Secondary School, Shekara, Kano; and Otto Primary School, Ebute Metta, Lagos state, among others.

While commending the officers and men of DOGI, MMIA, Apapa, Edo, Kaduna, and Katsina Commands for the various successful operations, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (rtd) enjoined them and their colleagues across the country to continue with the ongoing balanced approach to the drug control efforts of the Agency.

News
Kogi varsity expels two students over gay practice, rusticates four for fighting
The Management of Confluence University of Science and Technology, Osara, has expelled two students for alleged involvement in gay practice and rusticated four others for one academic session over a campus fight.
According to a statement issued on Friday by the university’s Information and Protocol Unit, the sanctions were ratified during the 31st Regular Meeting of the University Senate following recommendations from the Students’ Disciplinary Committee.
The statement read, “The Management of Confluence University of Science and Technology (CUSTECH), Osara, has approved the expulsion of two students for involvement in gay practice and the rustication of four others for one academic session over acts of fighting on campus.”
The affected students were notified in letters signed by the Deputy Registrar, Academics, Eli Gbadafu, copies of which were made available to the Information, Public Relations and Protocol Unit of the university.
The statement further read, “The institution stated that the disciplinary actions were taken in accordance with the provisions of the Students’ Handbook, Second Edition, as amended in 2025.”
Onumoko Hamza of the Biology Education department and Abdulazeez Eneji of the Mining Engineering department were expelled over gay practice.
Four other students were rusticated for one academic session over fighting. They are Favor Akowe of the Microbiology department, Simbiat Babamuharuna of the Biology department, Zainab Omayoza of the Biochemistry department, and Sukura Bukola, also of the Biochemistry department.
The statement read, “The University Management reiterated its commitment to maintaining discipline, order and a conducive environment for teaching and learning.”
It added, “Management warned that it would not hesitate to take decisive disciplinary action against any student found guilty of violating the rules and regulations of the University.”
The statement read further, “Students are therefore advised to familiarise themselves with the provisions of the Students’ Handbook and conduct themselves in accordance with the established rules and regulations of the University.”
News
CAN faults FRSC amendment bill, seeks Tinubu’s intervention
The Christian Association of Nigeria (CAN) in the South-West region has appealed to President Bola Ahmed Tinubu to withhold assent to the proposed Federal Road Safety Corps (FRSC) Act (Amendment) Bill, 2026.
The Senate had passed an amendment to the FRSC Act, proposing tougher penalties for a range of traffic offences as part of efforts to improve road safety and strengthen compliance with traffic regulations.
One of the major provisions of the amendment bill introduces a N100,000 fine for motorists who fail to obey traffic lights, road signs, road markings, or other traffic control devices.
In a statement signed by its Chairman, Bishop Dr. Barnabas Tunde Akinsanya, CAN said it supports the Federal government’s efforts to improve road safety and reduce accidents.
It explained that it is concerned about the provisions prescribing sanctions for preaching in commercial buses and prohibiting hawking in such vehicles.
The association further argued that the measures could also infringe on the constitutional rights to freedom of thought, conscience, religion and expression.
According to the association, although the government has a responsibility to protect lives and ensure public safety, it must also uphold the fundamental rights guaranteed under the Constitution.
“We therefore respectfully appeal to the President of the Federal Republic of Nigeria to withhold assent to the Bill in its present form and encourage further consultation with relevant stakeholders, including religious bodies, civil society organisations, legal experts, transport unions, and road safety professionals.
“Such dialogue will help produce legislation that effectively promotes road safety while preserving the constitutional rights and dignity of every Nigerian,” the statement said.
The association also warned that an outright ban on hawking in commercial buses could worsen the economic hardship facing many Nigerians who rely on informal trading for their daily livelihood.
Rather than introducing measures that could further reduce people’s means of survival, CAN urged the government to focus on creating employment opportunities, reducing poverty, improving public transportation, strengthening security and enhancing citizens’ welfare.
The Christian body appealed to President Tinubu to decline assent to the bill in its current form and instead facilitate broader consultations involving religious organisations, civil society groups, legal experts, transport unions and road safety professionals.
It maintained that such engagement would help produce legislation that enhances road safety without undermining the constitutional rights and dignity of Nigerians.
CAN stressed that Nigeria needs laws that promote national unity, safeguard lives without unnecessarily restricting fundamental freedoms, and strengthen public confidence in democratic governance.
The association, however, reaffirmed its commitment to constructive engagement with government to advance justice, peace, constitutional democracy and national development.
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