‘Validation of Tinubu’s reforms’ – APC on EU delisting Nigeria from high-risk money laundering

The Lagos State Chapter of the All Progressives Congress, APC, has welcomed the European Union’s decision to remove Nigeria from its high-risk money laundering list.

The party described the delisting as a strong validation of the Federal Government’s ongoing economic and financial governance reforms under the Renewed Hope Agenda.

In a statement, the party’s spokesman, Mr Seye Oladejo, said the decision affirmed Nigeria’s improving global credibility.

“The European Union’s action is a powerful endorsement that Nigeria is moving steadily in the right direction.

“This delisting reflects sustained improvements in our financial governance architecture and enhanced regulatory oversight.

“It validates the Federal Government’s commitment to transparency, enforcement, and alignment with global best practices,” Oladejo said.

He noted that the decision also affected countries including South Africa, Burkina Faso, Mali, Mozambique and Tanzania.

According to him, Nigeria’s removal from the list was not accidental but the outcome of deliberate reforms and inter-agency coordination.

Oladejo said the development would boost investor confidence and strengthen Nigeria’s integration into the global financial system.

“Beyond symbolism, this decision restores international confidence and reduces compliance burdens for Nigerian businesses.

“It improves access to global finance and sends a clear message that Nigeria is open for business.

“The signal is credibility, responsibility and competitiveness,” Oladejo added.

The APC spokesman said the delisting countered narratives portraying Nigeria as economically unstable.

He described the development as inconvenience for critics who had consistently predicted decline.

“Independent international institutions have verified Nigeria’s progress.
“This achievement exposes the hollowness of attempts to de-market the country abroad.
“Facts, not pessimism, are defining Nigeria’s story,” he added.

Oladejo commended the Federal Government for its discipline and focus in implementing reforms.

He urged Nigerians to take pride in what he described as a significant national milestone.

According to him, governance is a long-term process requiring patience and consistency.

The APC leader called on stakeholders to support ongoing reforms and reject what it termed politics of pessimism.

“The message from Europe is clear: Nigeria is regaining trust, credibility and respect globally,” he added.

DAILY POST reports that the EU, recently, officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence.

The update is published on the European Commission’s website and follows Nigeria’s removal from the Financial Action Task Force greylist in 2025, following a series of anti-money laundering and counter-terrorism financing reforms.