Democracy that Delivers #367: Understanding the Increased Monitoring of Nigeria by the Financial Action Task Force

Lola Adekanye |


What really happens when a country is “grey listed” by the global Financial Action Task Force (FATF)? CIPE examines this with Muazu Umaru, Director of Policy and Research at the Inter-Governmental Action Group against Money Laundering (GIABA) in West Africa. The discussion follows announcements that Nigeria is among the new adds to the FATF’s “grey list” of countries with deficiencies in their structural abilities to counter money laundering and terrorism financing.

CIPE’s Nigeria Country Director and anti-corruption expert Lola Adekanye hosts a discussion with Umaru to analyze the ruling’s impact on financial sectors and the economy, one of Africa’s largest. The two also talk about recommended measures the country must take to address key issues flagged by the FATF.


Want to hear more? Listen to previous podcasts at CIPE.org/podcast.

Subscribe to the podcast on iTunes or your Android device.

Like this podcast? Please review us on iTunes.

Published Date: May 24, 2023