✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

FG seeks global action against terrorism, drug trafficking

The federal government has urged world leaders to strengthen international cooperation as part of efforts to successfully combat terrorism and drug trafficking as well as other forms of crimes.

This is even as Nigeria expressed concerns over the incidence of illicit financial flows from developing to developed economies of the world.

These were parts of the positions presented by Nigeria at the ongoing conference by the United Nations Commission on Crime Prevention and Criminal Justice, taking place in Vienna, Austria.

SPONSOR AD

Spokesman of the National Drug Law Enforcement Agency (NDLEA), Femi Babafemi, quoted the Chairman/Chief Executive of the agency, Brig-Gen. Mohamed Buba Marwa (Retd), who presented Nigeria’s positions on items 6C and 7 at the meeting as saying that while nations deepen cooperation and strengthen the processes of combating the financing of terrorism and prevention of terrorists from benefitting from ransom payments, it was also important for them not to overlook the trafficking in illicit drugs.

“It is also imperative to keep an eye on and control the proliferation of illicit traffic in narcotic drugs, psychotropic substances and other substances of abuse that serve as conflict multipliers leading to escalation of both the scope and intensity of violent activities.

“Nigeria is also worried about the existing and growing links between terrorism and other forms of crime such as corruption, illicit financial flows, money laundering, illicit trafficking in drugs, cybercrime, trafficking in persons and smuggling of migrants,” Marwa said.

Delivering Nigeria’s statement on item 6C on Wednesday, Marwa said that as nations renew their desire to improve international cooperation to address all forms of crimes, “Nigeria urges all states, once again, to make sincere efforts, to address the root causes, which include; poverty, economic deprivation, inequality, drug abuse, and other socio-economic factors.

While presenting the country’s statement on item 7 on Thursday, Marwa said, “Nigeria notes with great concern the incidence of illicit financial flows, which go through the financial systems annually, particularly from developing to developed economies.

“To dissuade the perpetrators of this anomaly, including financial institutions who act as enablers, state parties should ensure that illicit financial flows, when tracked, do not remain in the custody of enabling financial institutions but should be transferred into an escrow account, preferably in development banks pending return to countries of origin.

“In this regard, we call for the implementation of the recommendations of the FACTI panel in support of asset recovery and the agenda 2030 for sustainable development.”

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.