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Home/Briefs/national security
BriefApril 15, 2026 · 10:24 PM

Nigeria's terrorism financing crackdown targets 92 entities to curb food insecurity

Chronic food shortages in Nigeria's agricultural hubs are the result of forceful evictions and the imposition of illegal 'harvest taxes' on farmers. These actions are triggered by the financial infrastructure of insurgents. The Federal Government of Nigeria has blacklisted 60 individuals and firms linked to terrorism financing, bringing the total number of entities sanctioned in this wave of enforcement to 92. This follows previous crackdowns involving 15 entities in March 2024 and 2017 organizations in May 2025. The government's security doctrine officially designates 31 categories of actors as terrorists, including ransom facilitators and political protectors of violent groups. Assets are frozen through the collaboration of the Nigeria Sanctions Committee (NIGSAC), the Nigerian Financial Intelligence Unit (NFIU), and the Securities and Exchange Commission (SEC).

Riley Stratton
National SecurityFinancial CrimesTerrorism Financing

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