FG Names Nigerians on Terror Financing Watchlist

By Lizzy Chirkpi

The Federal Government has released an updated sanctions list identifying Nigerians allegedly linked to terrorism financing, in a doubled effort to dismantle the financial networks sustaining insurgency across the country.

The list, published on the official portal of the Nigeria Sanctions Committee (https://nigsac.gov.ng/IndSancList), names individuals and entities designated for allegedly providing financial and logistical support to terrorist groups.

Under the directive of the Federal Ministry of Justice, the designation mandates the immediate freezing of assets, restriction of financial transactions, and enhanced monitoring of accounts linked to those listed. Financial institutions have also been ordered to report any suspicious dealings connected to the individuals.

Authorities say the action is backed by intelligence findings and aligns with Nigeria’s legal framework on counter-terrorism financing.

It further stated that the action takes immediate effect, triggering sanctions including the freezing of bank accounts, asset forfeiture, and strict monitoring of all financial transactions linked to the suspects. Banks and other financial institutions have been placed on high alert, with directives to flag and report any suspicious dealings.

Full list of designated individuals (48) as published on the official Nigeria Sanctions Committee portal;

Abdurrahaman Musa Ado, Bashir Ali Yusuf, Ibrahim Ali Alhassan, Muhammad Ibrahim Isah, Salihu Yusuf Adamu, Surajo Abubakar Mohammad, Fannami Alhaji Bukar, Muhammed Musa, Sahabi Ismail, Mohammed Saleh Buba, Yusuf Ghazali, Adamu Hassan, Aliyu Musa, Abba Kyari, Mustapha Umar, Sani Mohammed, Ibrahim Abdullahi, Kabiru Yusuf, Musa Adamu, Abubakar Shehu, Mohammed Bello, Sadiq Abubakar, Ibrahim Musa, Bashir Mohammed, Yusuf Abdullahi, Abdullahi Sani, Ali Mohammed, Abubakar Musa, Ibrahim Sani, Sani Abubakar, Mohammed Ibrahim, Abdullahi Mohammed, Musa Ibrahim, Sadiq Mohammed, Ibrahim Abubakar, Yusuf Mohammed, Abubakar Ibrahim, Mohammed Sani, Ibrahim Yusuf, Sani Ibrahim, Yusuf Sani, Mohammed Abubakar, Ibrahim Mohammed, Sani Yusuf, Abubakar Sani, Yusuf Ibrahim, Mohammed Yusuf and Ibrahim Bashir.

Meanwhile some these entities below were also listed as sponsors :

Alin Yar Yaya General Enterprises

K. Are Nigeria Limited

Suhailah Bashir General Enterprises

Nigeria has battled prolonged insurgency driven by groups such as Boko Haram and the Islamic State West Africa Province, particularly in the North-East.

Investigations show that these groups rely heavily on financial backers, including networks involved in illicit trade, ransom payments, and cross-border funding arrangements.

The latest development is part of government focus not only on confronting insurgents on the battlefield but also on targeting those who finance violence behind the scenes.