Nigeria traces sources of funding for terrorist organizations


Nigeria has empowered relevant institutions to tackle insurgency and trace sources of funding for terrorist organisations.

The National Security Adviser (NSA), Major General Babagana Monguno (rtd) spoke at the Second United Nations High-Level Conference of Heads of Counter-Terrorism Agencies.

Monguno disclosed that the National Financial Intelligence Unit (NFIU) had been directed to lead the tracking.

He said the establishment of National Commission of the Control of Small Arms and Light Weapons, as well as National Commission for the Coordination of Cyber Security were part of efforts against insurgency.

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Monguno told the international community to treat terrorism and organized crimes as threats to global peace and security.

The NSA lamented that countries continue to face vicious and relentless attacks on citizens, borders, religions, infrastructure, among others.


He declared that apart from pandemics, natural disasters and the climate, the greatest menace to the existence of human race is terrorism.

Monguno said preventing attacks, border protection, national police funding, criminal justice system improvement, illicit financial flows, and campaign against hard drugs were daunting challenges for many nations, including Nigeria.

The NSA observed how the activities of jihadists and other forms of terror heightened insecurity in Africa with serious economic, social and political implications.

“In the North Eastern part of Nigeria, the activities of Boko Haram and the Islamic State West Africa Province (ISWAP), with known affiliation to other international terror networks such as Daesh and Al-Qaeda, have continued to undermine security and livelihoods.”

The situation has overlapped into neighbouring countries of the Lake Chad Basin.

The NSA said social media platforms are used by radicals to propagate their ideologies, recruit vulnerable youths, radicalize them, instill fear in communities, and deflate the moral of security forces.

Monguno assured that the President Muhammadu Buhari administration confronting the challenges.

He mentioned the improved coordination of Non-Government Organizations’ support, creation of the Ministry of Humanitarian Affairs and Disaster Management, and funding commitment to the Multinational Joint Task Force (MJTF).

More than one million persons have been displaced in Borno, Adamawa and Yobe, while seven million are in need of humanitarian assistance in the states.

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