The Federal Airports Authority of Nigeria (FAAN) has reaffirmed its commitment to transparency and applauded Nigeria’s removal from the Financial Action Task Force (FATF) Grey List, describing it as a major milestone in the country’s fight against corruption and financial malpractices.
FAAN’s Managing Director/Chief Executive Officer, Mrs. Olubunmi Kuku, made this known while congratulating the Federal Republic of Nigeria and the Nigerian Financial Intelligence Unit (NFIU) for their roles in achieving the feat.
Mrs. Kuku commended the resilience of the NFIU and other agencies involved in the collaborative efforts that led to the success, describing it as proof of the nation’s capacity to achieve great things through unity of purpose.
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She extended special congratulations to the Chief Executive Officer of the NFIU, Hafsat Abubakar Bakari, for her leadership and effective coordination, which contributed to the remarkable achievement.
According to Mrs. Kuku, Nigeria’s removal from the FATF Grey List demonstrates that the nation has addressed identified deficiencies in Anti-Money Laundering and Counter-Terrorist Financing frameworks. She noted that the development restores global confidence, enhances Nigeria’s international trade reputation, and strengthens the country’s appeal to foreign investors.
She further emphasized FAAN’s contribution to the process, stating that the Authority played a significant and substantive role in achieving the milestone.
Mrs. Kuku also urged potential investors to view Nigeria as a prime and secure investment destination, assuring them of a rewarding environment with promising returns.