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Economy

Tinubu Appoints Ms. Bakari as New NFIU CEO

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By Grace Chigbu

President Bola Tinubu has made a significant move in the financial sector by appointing Ms. Hafsat Abubakar Bakari as the new Director/Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU). The announcement came through a statement by Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

 

Ms. Bakari’s appointment is awaiting confirmation by the Senate, underscoring the importance of the position and the need for proper vetting. With a background in law and expertise in financial intelligence, including anti-money laundering and counter-terrorism financing, Ms. Bakari brings a wealth of experience to the role.

 

Before her elevation, Ms. Bakari served as Deputy Director at the Nigerian Financial Intelligence Unit, and held key positions within the Economic and Financial Crimes Commission (EFCC), highlighting her familiarity with the intricacies of financial regulations and enforcement mechanisms.

 

In his statement, President Tinubu expressed confidence in Ms. Bakari’s ability to lead the NFIU effectively. He emphasized the critical role the institution plays in combating illicit financial activities and ensuring the integrity of Nigeria’s financial systems. This appointment aligns with Tinubu’s administration’s commitment to stamping out financial crimes and fostering transparency in the economy.

 

Ms. Bakari’s appointment comes at a crucial time when the nation is grappling with various economic challenges, including illicit financial flows and sharp practices in foreign exchange markets. Her tenure is expected to bolster the NFIU’s efforts in tackling these issues head-on, contributing to the overall stability and integrity of Nigeria’s financial sector.

 

The appointment of Ms. Hafsat Abubakar Bakari underscores President Tinubu’s dedication to appointing competent individuals to key positions, signaling his administration’s commitment to effective governance and reform in critical sectors of the economy.

 

 

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