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MOU Signing with Nigeria
The Directors of the Federal Republic of Nigeria and the Republic of Sierra Leone sign Memorandum of Understanding for the exchange of AML/CFT information

The Directors of the Federal Republic of Nigeria and the Republic of Sierra Leone sign Memorandum of Understanding for the exchange of AML/CFT information

The Director of the Nigerian Financial Intelligence Unit (NFIU) and GIABA National Correspondent in Nigeria Mr. Francis Usani led a delegation comprising representatives of key stakeholder agencies in Nigeria to the 21st Giaba Plenary and Technical Commission meeting in Niamey from the 5th-9th May, 2014.

The highlights of the meeting include the decision for the second round of Mutual Evaluation Exercise to commence in GIABA member states with Nigeria being the first to be assessed in the first quarter of 2016. The choice of Nigeria being the first in the calendar for the second round of Mutual Evaluation Exercise was decided in the November Plenary of 2013 but finally adopted and ratified in the May 2014 Plenary at Niamey, Niger.

Nigerian Financial Intelligence Unit in furtherance of its drive to provide robust platforms for information exchange amongst FIUS across the world took time during the plenary in Niamey to sign an MOU with the Financial Intelligence Unit of Sierra Leone and also offered to provide technical support to other FIUs within the West Africa Sub region to help build capacity and foster international cooperation.

Another major highlight of the 21st GIABA Plenary meeting in Niamey was the rating of Nigeria to the first position of the most compliant country amongst GIABA member states.

The Director of the Nigerian Financial Intelligence Unit (NFIU) and GIABA National Correspondent in Nigeria Mr. Francis Usani led a delegation comprising representatives of key stakeholder agencies in Nigeria to the 21st Giaba Plenary and Technical Commission meeting in Niamey from the 5th-9th May, 2014.

The highlights of the meeting include the decision for the second round of Mutual Evaluation Exercise to commence in GIABA member states with Nigeria being the first to be assessed in the first quarter of 2016. The choice of Nigeria being the first in the calendar for the second round of Mutual Evaluation Exercise was decided in the November Plenary of 2013 but finally adopted and ratified in the May 2014 Plenary at Niamey, Niger.

Nigerian Financial Intelligence Unit in furtherance of its drive to provide robust platforms for information exchange amongst FIUS across the world took time during the plenary in Niamey to sign an MOU with the Financial Intelligence Unit of Sierra Leone and also offered to provide technical support to other FIUs within the West Africa Sub region to help build capacity and foster international cooperation.

Another major highlight of the 21st GIABA Plenary meeting in Niamey was the rating of Nigeria to the first position of the most compliant country amongst GIABA member states.

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