The Lagos State chapter of the All Progressives Congress (APC) has welcomed the European Union’s decision to remove Nigeria from its list of high-risk countries for money laundering and terrorism financing.
The party described the move as a strong endorsement of Nigeria’s ongoing reforms and evidence that the country is making steady progress in strengthening its financial and regulatory systems. The EU decision also affected South Africa, Burkina Faso, Mali, Mozambique and Tanzania.
In a statement on Saturday, the Lagos APC spokesman, Seye Oladejo, said Nigeria’s delisting was the result of deliberate and sustained efforts by the Federal Government.
“This delisting is not accidental,” Oladejo said. “It reflects sustained improvements in Nigeria’s financial governance architecture, stronger regulatory oversight, improved inter-agency coordination, and a renewed commitment to transparency and global compliance.”
He added that the decision validated reforms aimed at tightening safeguards, improving enforcement and aligning the country with international best practices.
According to Oladejo, the development has significant economic implications, including restoring investor confidence, easing cross-border financial transactions and reducing compliance burdens for Nigerian businesses.
He said the delisting sends a clear signal to the global community that Nigeria is open for business in a credible and responsible manner.
The APC spokesman also took a swipe at opposition critics, saying the decision undermines efforts to portray Nigeria negatively abroad. “Independent international institutions have verified a different story—one of progress, discipline and reform,” he said.
The Lagos APC commended the Federal Government for its resolve and urged Nigerians to take pride in the achievement, stressing that consistent reforms, rather than rhetoric, are improving Nigeria’s global standing.
Oladejo called on stakeholders to support ongoing reforms and “reject the politics of pessimism,” adding that Nigeria is gradually regaining trust and credibility on the international stage.
