Sade Williams/Business a.m.
Olubunmi Kuku, the chief executive officer of the Federal Airports Authority of Nigeria (FAAN) has maintained her upbeat approach to transparency in a recommitment statement by the managing authority of Nigerian airports, noting its role as a key champion in Nigeria’s ongoing battle against corruption and financial malpractices.
In a formal congratulatory message to the Federal Republic of Nigeria and the Nigerian Financial Intelligence Unit (NFIU) on the country’s successful removal from the Financial Action Task Force (FATF) Grey List, Kuku harped on transparency while commending the dedication and resilience demonstrated by the NFIU and all other agencies involved in the collaborative effort that led to this significant milestone.
“I am profoundly proud and elated at this remarkable achievement, this success serves as further evidence of our nation’s capacity to achieve great things when we work together with a common purpose.
“I wish to extend my special congratulations to the chief executive officer of the NFIU, Hafsat Abubakar Bakari, for her passion and for effectively coordinating all other agencies to achieve this remarkable feat. Congratulations and well done to everyone.”
Speaking on the implications of this development, she said: “Nigeria’s removal from the FATF Grey List signifies that our nation is no longer subject to increased international monitoring for perceived weaknesses in its Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) frameworks. This is a positive development that restores global confidence, facilitates easier and more cost-effective international trade for Nigerian businesses, and enhances our appeal to foreign investors.”
