Grants and Contributions:
Title:
Strengthening Nigeria’s response to illicit financial flows from mineral-related crimes
Agreement Number:
7466541 P015226001
Agreement Value:
$1,560,831.16
Agreement Date:
Mar 7, 2025 - Mar 31, 2028
Description:
This project aims to address complex issues related to illicit financial flows fueled by the rise in revenue associated with mineral-related organized crime in Nigeria. It seeks to reduce security threats in Nigeria stemming from money laundering and terrorism financing (ML/TF) driven by revenue associated with mineral-related crime. Project activities include: (1) facilitating domestic cooperation with relevant authorities; (2) collecting data and developing roadmaps on the practices of criminal and armed groups operating in the mining sector; (3) organizing awareness-raising workshops on ML/TF risks; (4) developing national Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) risk-based supervisory roadmaps in collaboration with licensing authorities; (5) delivering training workshops for Nigerian Financial Intelligence Unit (NFIU) analysts and others relevant agencies; (6) delivering training workshops on intelligence collection and analysis in the context of mineral-related crime and ML/TF; (7) delivering workshops on parallel financial investigations on mineral supply chains; (8) delivering specialized advanced workshops on identification of ML/TF techniques (trade-based money laundering, forensic accounting, etc.) for law enforcement, FIUs and prosecution authorities responsible for investigating and prosecuting mineral-related crimes; and (9) facilitating international and regional working groups for law enforcement, customs and intelligence agencies.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) improved detection and reporting practices of relevant authorities on ML/TF stemming from mineral-related crimes incorporating analysis of gendered vulnerabilities; (2) improved supervision of the mining sector to increase detection and reporting of suspicious transactions; (3) and enhanced investigation, prosecution and adjudication practices at the state and federal level on ML/TF.
Location:
Vienna, AT
Reference Number:
064-2024-2025-Q4-0304
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:
Belated reporting.
Recipient's Legal Name:
UNODC - United Nations Office On Drugs And Crime
Program:
Cont Counter-Terrorism Cap Build Program
Program Purpose:
The Counter-Terrorism Capacity Building Program provides assistance to foreign states to enable them to prevent and respond to terrorist activity. It supports global efforts to fight terrorism and address terrorist threats to Canadians and Canadian interests throughout the world.