The Nigerian Financial Intelligence Unit (NFIU) and the Domiciliation Debate in the National Assembly

Abraham, Terfa (2018-02)

DESR Research Issue Brief

Working Paper

In view of the threat by the Egmont Group, a 152-nation network of national financial intelligence units, to suspend Nigeria in 2018, the bill to grant financial and operational autonomy to the unit the Nigerian Financial Intelligence Unit (NFIU) has been passed by both legislative chambers of the Nigerian National Assembly and isnow before the conference committee of the National Assembly for harmonization. Deliberations at this committee, however, indicates that the domiciliation of the NFIU is of concern.