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HomeNewsNigeria's Removal From FATF Grey List, A Testament To Nation's Renewed Institutional...

Nigeria’s Removal From FATF Grey List, A Testament To Nation’s Renewed Institutional Reforms – Osifeso

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The Aare Atunluse of Awori Kingdom and the Chairman, Mapcotec Nigeria Limited, Aare (Surveyor) Dr. Segun Osifeso, has described Nigeria’s removal from the Financial Action Task Force (FATF) list as a resounding testament to the country’s renewed credibility and institutional reform momentum

Aare Osifeso, who made these remarks at Ota, Ogun State during a chat with newsmen on Thursday, lauded President Bola Tinubu for this great feat, which depicts a milestone in his economic reforms.

He attributed the delisting of Nigeria from d list to a major breakthrough in the nation’s ongoing economic reforms and anti-corruption drive.

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It will be recalled that at its plenary session in Paris, France, the FATF announced Nigeria’s delisting after an extensive review of the country’s progress in strengthening financial oversight and anti-money laundering systems, a development which means Nigeria is no longer among jurisdictions subjected to increased international monitoring.

The renowned Surveyor expressed deep satisfaction with the achievement, commending the collective efforts of Mr President and his economic team.

He also gave special recognition to the country’s economic team for their dedicated implementation of the national action plan, which has helped restore global confidence in Nigeria’s financial integrity.

The community leader, however, counseled President Tinubu to remain committed to his administration’s resolve to sustain transparency, accountability, and compliance with global financial standards, noting that Nigeria’s removal from the FATF grey list is a lasting legacy of his administration.

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