FAAN MD, Mrs Olubunmi Kuku
By Sade Williams
The Federal Airports Authority of Nigeria (FAAN) has reiterated its unwavering commitment to transparency and its role as a key champion in Nigeria’s ongoing battle against corruption and financial malpractices, hailing Nigeria’s removal from the Financial Action Task Force (FATF) Grey List
In a statement by the Authority,s spokesperson, Henry Agbebiire, Managing Director of FAAN, Mrs Olubunmi Kuku commended the dedication and resilience demonstrated by the Nigerian Financial Intelligence Unit (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 NIIU, 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.”
She added that the achievement signifies that Nigeria has successfully addressed strategic deficiencies previously identified by the FATF, adding that FAAN played a significant and substantive role in making this possible.
She urged investors to see Nigeria as a prime and viable investment destination, assure g them of a secure and environment with the potential for sustancial return.
