The Senate has received a bill to establish the Nigerian Financial Intelligence Agency, moving a step closer to making the country’s financial intelligence unit, currently under the EFCC, totally independent.
The bill, introduced by Chukwuka Utazi, was read for the first reading on Thursday, a day after the Senate sought the independence for the NFIU, in response to the suspension of Nigeria from the Egmont Group.
The development also came after the Economic and Financial Crimes Commission, EFCC, took a step to “reposition” the NFIU and make it “an autonomous unit under the EFCC”.
More to come.
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...
Discussion about this post