The Federal Government says it has uncovered 96 financiers of terrorism across the country, especially those backing Boko Haram and the Islamic State of West Africa Province (ISWAP).

Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this during a press conference on the administration’s fight against corruption in Abuja on Thursday, February 3.

He note that 45 suspects have been arrested and will soon face prosecution and seizure of assets.

According to him, the “Nigerian Financial Intelligence Unit (NFIU), in 2020-2021, revealed 96 financiers of terrorism in Nigeria,” while 424 associates and supporters of the financiers were also uncovered.

He added that about 123 companies and 33 Bureau de change were linked to terrorists in addition to 26 suspected bandits/kidnappers and seven co-conspirators who have now been identified.

Still, on terrorism financing, Lai Mohammed said the NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping, and others with 19 countries.

He revealed that during the same period, 2020-2021, the organization returned fraudulently-obtained funds totaling US$103,722,102.83, 3,000 Pound Sterling; 7,695 Singapore dollar, and 1,091 Euros to 11 countries of victims who came into the country.