Reps pass bill separating NFIU from EFCC
The House of Reps have passed the bill seeking to separate NFIU from EFCC.
Recommended articles
The NFIU has since been operating as a unit under the Economic and Financial Crimes Commission (EFCC).
This led to Nigeria’s suspension from the Egmont Group in 2017.
The Egmont Group sighted interference by the EFCC as reason for Nigeria’s suspension.
ADVERTISEMENT
Upon Nigeria’s suspension, the National Assembly began steps to separate the NFIU from the EFCC.
The NFIU bill which had passed various stages in the House was adopted at plenary on Tuesday, March 6, 2018.
The lawmakers adopted the harmonised report of the conference committee from both chambers of the National Assembly today.
Chairman of the House Committee on Financial and Economic Crimes, Kayode Oladele, presented the report to the house during plenary.
ADVERTISEMENT
The bill seeks amongst other things to establish the NFIU as the central body responsible for receiving, requesting and analysing financial intelligence report.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Why our plane made emergency landing at Lagos airport, Air Peace clarifies
Over 75% of Katsina children are multidimensionally poor – UNICEF
PDP unveils 200-member campaign council for Ighodalo's guber election in Edo
Tinubu approves resumption of repair work on Third Mainland Bridge
Ondo Poll: Ganduje consoles Jimoh Ibrahim after crushing defeat in APC primary
FG to review recent price hike of DStv, GOtv packages amid public outcry
BREAKING: FG grants Air Peace right to commence Abuja-London flights - Keyamo
Deputy who dumped Akeredolu clinches PDP governorship ticket
Gov inaugurates 2nd phase of palliative distribution to poor Enugu residents
ADVERTISEMENT
