The Federal Government has released a list of 48 individuals and 12 corporate entities allegedly linked to terrorism financing, intensifying efforts to disrupt funding channels for extremist activities across Nigeria.

The list, published by the Nigeria Sanctions Committee, provides details of those named, including their nationalities, suspected roles, and the terrorist groups they are allegedly associated with.

NIGSAC operates under the supervision of the Office of the National Security Adviser, which coordinates its activities within Nigeria’s broader national security framework. The committee is responsible for implementing United Nations sanctions, particularly those targeting terrorism financing, and ensuring compliance with international obligations. It also works closely with agencies in financial intelligence, defense, and foreign affairs.

Among those listed are Abdulsamat Ohida, Mohammed Sani, Abdurrahman Abdurrahman, Fatima Ishaq, Tukur Mamu, Yusuf Ghazali, and Abubakar Muhammad, alongside dozens of others allegedly connected to various extremist networks. Groups referenced in the list include Islamic State West Africa Province, Ansarul Sudan, Jama’atu Wal-Jihad, and Indigenous People of Biafra.

The government also identified 12 companies suspected of facilitating financial flows tied to terrorism. These include West and East Africa General Trading Co. Ltd, Settings Bureau De Change Ltd, Desert Exchange Ventures Limited, and Eagle Square General Trading Co. Ltd, among others.

The sanctions regime—established under the Terrorism (Prevention and Prohibition) Act 2022—empowers authorities to enforce measures such as asset freezes, travel bans, and financial restrictions on individuals and organizations linked to terrorism financing.

Nigeria has, in recent years, periodically updated its sanctions list in alignment with United Nations Security Council resolutions, as part of a broader strategy to dismantle financial networks sustaining insurgent and extremist groups.