News
Buhari transmits, seeks passage of Money Laundering, Terrorism Prevention Bills
The Senate has received the Money Laundering Bill and Terrorism Prevention Bill transmitted by President Muhammadu Buhari for expeditious consideration and passage.
The bills were accompanied with a letter read at the start of plenary on Thursday by the Senate President, Ahamad Lawan.
President Buhari, in a letter dated 12th April, 2022, said the request for the passage of both bills was pursuant to the provisions of Section 58(2) of the 1999 Constitution as amended.
He explained that the deficiencies in the country’s Anti-Money Laundering/Combating the Financing of Terrorism regime (AML/CFT), makes it imperative for the passage of both bills.
Buhari warned that the non-passage of both bills poses a risk that may lead to the eventual blacklisting of Nigeria by the Financial Action Task Force (FATF).
The letter reads, “Pursuant to Section 58(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I forward herewith, the Money Laundering (Prohibition) Bill, 2022 and Terrorism (Prevention) Bill, 2022 for the kind consideration of the Senate.
“During the recent Mutual Evaluation carried out by the Inter-Governmental Action Group against Money Laundering in West Africa (GABA) there were observed deficiencies in Nigeria’s Anti-Money Laundering/Combating the Financing of Terrorism regime (AML/CFT).
“Following the evaluation, the Ministry of Justice and other relevant stakeholders reviewed said deficiencies and drafted the Money Laundering (Prohibition) Bill, 2022 and Terrorism (Prevention) Bill, 2022.
“Unless these deficiencies are addressed promptly by the National Assembly, in
order to bring our legal regime in conformity with Financial Action Task Force (FATF) recommendations, Nigeria will face the risk of a negative public statement blacklisting the country by FATF and this will lead to some negative consequences to our rapidly growing economy.
“In light of the above, the Federal Ministry of Justice reviewed the Money
Laundering (Prohibition) Bill and Terrorism (Prevention) Bill currently pending before the National Assembly and have come up with revised versions of the Bills, incorporating the resolutions to the deficiencies pointed out in the Mutual Evaluation Report, thereby bringing Nigeria’s AML/CFT legal regime in conformity with the FATF recommendations.”
The Special Adviser to the President on National Assembly Matters(Senate), Sen. Basheer Lado, CON, has felicitated President Bola Ahmed Tinubu, GCFR, on his 73rd Birthday Anniversary.
Lado in a congratulatory message on Friday in Abuja, described the President as a selfless leader and one who had sacrificed so much for the sustenance of democracy in Nigeria.
He said, “today, we celebrate not just the birth of a man, but the rise of a legacy.
“We celebrate not just the years in your life, but the life in your years.
“We celebrate not just the path you’ve walked, but the footprints you’ve left behind.”
The Special Adviser said the President’s life was a testament to the power of courage, resilience, and faith in the promise of the Nigerian nation.
He commended the ‘President’s determination as well as his relentless effort in ensuring adequate security, economic growth and political stability in the country.
According to Him, President Tinubu’s doggedness and passion for good governance has set Nigeria on a high pedestal in the comity of nations.
“You dreamed when others doubted, you sacrificed when others conformed, and you led when others retreated.
“On this special day, I proudly join millions across Nigeria and the world to salute your strength and celebrate your service,”he said.
Lado prayed for divine wisdom as the President continued to steer the ship of the nation toward renewed hope and greatness.
He further prayed that the glory of the President’s latter years would surpass his achievements in the past.
The Nigerian Council of Legal Education, the academic institute training lawyers before mobilizing for Call to the Bar said, the 2024 Bar Part results would be release any time soon.
The assurance came amid tension by the students who wrote the examination in November and are awaiting release of the results to determine if they have cleared or have to resit papers.
In a memo released and signed by the School management on Friday 28th March, 2025, the attention of candidates and the public was drawn to the fact that the Council has been working on the results and has progressed into a phase where the results will be released soon.
Part of the memo sighted by CAPITAL POST in Abuja said: Candidates who wrote the November 2024 Bar Final Examinations and the general public are hereby notified that the conventional processes leading to the publication of the results after approval by the Council of Legal Education are almost concluded.
“Candidates and the general public are assured that the results will be released shortly.
“The date for the Call to the Bar will be announced as soon as it is approved by the honourable Body of Benchers”, it concluded.
The Northern Senators Forum has expressed its sadness over the lynching of travelers in Uromi, Edo State, saying that they were taken aback over the gruesome killing of innocent Nigerians because of the zone where the victims came from.
The Forum was reacting to the attack that led to death of individuals on 27th March, 2025 while travelling to the Northern part of the country after they were tragically stereotyped as Fulani kidnappers and brutally murdered in a despicable manner.
The Forum in a statement issued by its Chairman, Abdulaziz Yar’adua strongly condemn the killing and described it as a heinous act which must be investigated with the culprits brought to book.
It read: “We strongly condemn this heinous act, which is a clear violation of the fundamental human rights of the victims. We urge the Edo State Government to take immediate action to identify and prosecute the perpetrators of this gruesome murder.
“We commend President Bola Ahmed Tinubu for directing the police and other security agencies to conduct a thorough investigation into this incident, with a view to arresting the culprits.
“This swift action demonstrates the government’s commitment to upholding justice and protecting the rights of all citizens.
“As stated in Section 41 of the Nigerian Constitution, every citizen has the right to freedom of movement and residence throughout the country. No citizen can be expelled from or refused entry into Nigeria. We must uphold these fundamental principles and ensure that all citizens are treated with dignity and respect.
“We call on the Edo State Government, the security agencies, and all stakeholders to work together to prevent such incidents from occurring in the future. We must promote a culture of tolerance, understanding, and peaceful coexistence among all Nigerians.”
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