BY OLAPEJU OLUBI
The Federal Airports Authority of Nigeria (FAAN) has reiterated its commitment to transparency and accountability, while celebrating Nigeria’s removal from the Financial Action Task Force (FATF) Grey List.
Managing Director and Chief Executive Officer of FAAN, Mrs. Olubunmi Kuku, described the development as a “remarkable achievement” for the nation, highlighting the collaborative efforts that made it possible.
Speaking in an official statement, Mrs. Kuku congratulated the Nigerian Financial Intelligence Unit (NFIU) and all agencies involved in the successful campaign.
“I am profoundly proud and elated at this remarkable achievement. This success shows what our nation can accomplish when we work together with a common purpose,” she said.
She specifically commended NFIU Chief Executive Officer Hafsat Abubakar Bakari, praising her leadership and coordination in steering the agencies toward this milestone.
“Congratulations and well done to everyone involved,” Mrs. Kuku added.
Nigeria’s removal from the FATF Grey List, according to the FAAN boss, signals the country’s strengthened Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) frameworks.
She noted that this development restores global confidence, eases international trade, and enhances Nigeria’s attractiveness to foreign investors.
“This achievement signifies that Nigeria has successfully addressed the strategic deficiencies previously identified by the FATF. I am proud that FAAN played a significant and substantive role in making this possible,” she said.
Mrs. Kuku also used the occasion to encourage investors to explore opportunities in Nigeria, assuring them of a secure and rewarding environment with the potential for substantial returns.
FAAN’s statement comes amid a wider national drive to promote accountability, attract investment, and strengthen institutions, a move that experts say will improve Nigeria’s global economic standing.
Olapeju is a journalist and aviation reporter.
