Abuja, Jan 16, 2026 – Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has commended the European Union (EU) for delisting Nigeria from its list of financial crime high risk countries.
The minister, who said this in a statement on Friday, described the decision as a boost to Nigeria’s financial credibility and its investor confidence.
He also described the decision as a major vote of confidence to the country’s ongoing economic and financial reforms.
Edun said this was achieved through the extraordinary leadership, unwavering political will and clear reform vision of President Bola Tinubu, adding that the Tinubu administration had prioritised AML/CFT reforms as a core pillar of Nigeria’s economic governance and financial system stability agenda.
He said the President’s decisive leadership ensured strong inter-agency coordination, sustained engagement with international partners and the full implementation of key legal, regulatory and institutional reforms needed to address strategic deficiencies earlier identified in Nigeria’s AML/CFT framework.
The minister commended the collective efforts of stakeholders involved in achieving the milestone, including financial sector regulators, law enforcement agencies, the NFIU, supervisory authorities, the judiciary and private sector operators.
He said their professionalism, collaboration and commitment were instrumental to the successful completion of Nigeria’s FATF Action Plan and the subsequent international recognition.
The minister reiterated Nigeria’s commitment to sustaining and deepening AML/CFT reforms.
