The Lagos State chapter of the All Progressives Congress, APC, on Saturday welcomed the decision of the European Union, EU, to remove Nigeria from its list of “high-risk third-country jurisdictions” for money laundering and terrorism financing.
The party described the decision, which also affected South Africa, Burkina Faso, Mali, Mozambique, and Tanzania, as an endorsement of Nigeria’s reform trajectory and a clear affirmation that the country is moving steadily in the right direction.
Seye Oladejo, the spokesman of the state arm of APC, said the development is not accidental.
In a statement he signed, Oladejo said: “This delisting is not accidental. It reflects sustained improvements in Nigeria’s financial governance architecture, strengthened regulatory oversight, enhanced inter-agency coordination, and a renewed commitment to transparency and compliance with global standards.
“It validates the painstaking reforms undertaken by the Federal Government to tighten safeguards, improve enforcement, and align Nigeria with international best practices.
“Beyond symbolism, the implications are profound. Nigeria’s removal from the high-risk list restores confidence among international investors, eases cross-border transactions, reduces compliance burdens for Nigerian businesses, and enhances access to global financial systems. It sends an unmistakable signal that Nigeria is open for business-credibly, responsibly, and competitively.
“For the opposition, this development is inconvenient. It punctures the long-running narrative of demarketing Nigeria abroad and exposes the hollowness of incessant predictions of doom.
“While some continue to talk the country down, the facts-verified by independent international institutions-tell a different story of progress, discipline, and reform.”
The Lagos APC commended the Federal Government for its resolve and focus, while urging Nigerians to take pride in the development.
“Governance is a marathon, not a sprint; but each credible validation strengthens confidence and accelerates momentum.
“Nigeria’s global standing is improving, not because of rhetoric, but because of measurable actions and outcomes.
“We call on all stakeholders to rally behind this progress, deepen reforms, and reject the politics of pessimism. The message from Europe is clear: Nigeria is regaining trust, credibility, and respect on the world stage,” he added.
EU delisting Nigeria from money laundering, terrorism financing global validation for Tinubu – Lagos APC
EU delisting Nigeria from money laundering, terrorism financing global validation for Tinubu – Lagos APC
