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Buhari Seeks Speedy passage Of Money Laundering, Terrorism Prevention Bills

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The Senate has received the Money Laundering and Terrorism Prevention Bills transmitted by President Muhammadu Buhari for expeditious consideration and passage.

The bills were accompanied by a letter read at the start of the plenary on Thursday by the Senate President, Ahamad Lawan.

President Buhari, in a letter dated 12th April 2022, said the request for the passage of both bills was pursuant to the provisions of Section 58(2) of the 1999 Constitution as amended.

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He explained that the deficiencies in the country’s Anti-Money Laundering/Combating the Financing of Terrorism regime (AML/CFT), makes it imperative for the passage of both bills.

Buhari warned that the non-passage of both bills poses a risk that may lead to the eventual blacklisting of Nigeria by the Financial Action Task Force (FATF).

The letter reads, “Pursuant to Section 58(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I forward herewith, the Money Laundering (Prohibition) Bill, 2022 and Terrorism (Prevention) Bill, 2022 for the kind consideration of the Senate.

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“During the recent Mutual Evaluation carried out by the Inter-Governmental Action Group against Money Laundering in West Africa (GABA) there were observed deficiencies in Nigeria’s Anti-Money Laundering/Combating the Financing of Terrorism regime (AML/CFT).

“Following the evaluation, the Ministry of Justice and other relevant stakeholders reviewed said deficiencies and drafted the Money Laundering (Prohibition) Bill, 2022 and Terrorism (Prevention) Bill, 2022.

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“Unless these deficiencies are addressed promptly by the National Assembly, in order to bring our legal regime in conformity with Financial Action Task Force (FATF) recommendations, Nigeria will face the risk of a negative public statement blacklisting the country by FATF and this will lead to some negative consequences to our rapidly growing economy.

“In light of the above, the Federal Ministry of Justice reviewed the Money Laundering (Prohibition) Bill and Terrorism (Prevention) Bill currently pending before the National Assembly and have come up with revised versions of the Bills, incorporating the resolutions to the deficiencies pointed out in the Mutual Evaluation Report, thereby bringing Nigeria’s AML/CFT legal regime in conformity with the FATF recommendations.”

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Taliban Attacks Kill 23 In Northwestern Pakistan

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The Pakistani Taliban on Saturday claimed responsibility for deadly attacks in several northwestern districts that killed 20 security officials and three civilians.

The attacks, which included a suicide bombing on a police training school, were carried out on Friday in several districts of Khyber Pakhtunkhwa province that borders Afghanistan.

Militancy has surged in Khyber Pakhtunkhwa since the withdrawal of US-led troops from neighbouring Afghanistan in 2021 and the return of the Taliban government in Kabul.

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Eleven paramilitary troops were killed in the border Khyber district, while seven policemen were killed after a suicide bomber rammed an explosives-laden car into the gate of a police training school, which was followed by a gun attack.

Five people, including three civilians, were killed in a separate clash in Bajaur district, security officials told AFP on Saturday.

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The Pakistani Taliban, the Tehreek-e-Taliban (TTP), claimed responsibility for the attacks in messages on social media. The group is separate from but closely linked with the Afghan Taliban.

The attacks came hours after Afghanistan’s Taliban government accused Pakistan of “violating Kabul’s sovereign territory”, a day after two explosions were heard in the capital.

READ ALSO:Taliban Order Closure Of Beauty, Hair Salons In Afghanistan

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Pakistan did not say if it was behind the blasts in Kabul, but said it had the right to defend itself against surging border militancy.

Islamabad accuses Afghanistan of failing to expel militants using Afghan territory to launch attacks on Pakistan, an accusation that authorities in Kabul deny.

The TTP and its affiliates are behind most of the violence — largely directed at security forces.

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Including Friday’s attacks, at least 32 Pakistani troops and three civilians have been killed this week alone in the border regions.

AFP

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US Threatens To Sanction Countries That Vote For Shipping Carbon Tax

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The United States on Friday threatened to impose sanctions and take other punitive action against any country that votes in favor of a carbon tax on maritime transportation to be implemented through a UN agency.

We will fight hard to protect our economic interests by imposing costs on countries if they support” the Net Zero Framework, said a joint statement by US Secretary of State Marco Rubio and his counterparts at the departments of energy and transportation.

Members of the London-based International Maritime Organization (IMO) are set to vote next week on the adoption of the Net Zero Framework (NZF) agreement aimed at reducing global carbon emissions from the shipping sector.

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Washington, however, described the proposal as imposing “a global carbon tax on the world.”

Since returning to power in January, US President Donald Trump has reversed Washington’s course on climate change, denouncing it as a “scam” and encouraging fossil fuel use by deregulation.

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In the statement, Rubio, Energy Secretary Chris Wright and Transportation Secretary Sean Duffy said the Trump administration “unequivocally rejects” the NZF proposal.

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They threatened a range of punishing actions against countries that vote in favor of the framework, including: visa restrictions; blocking vessels registered in those countries from US ports; imposing commercial penalties; and considering sanctions on officials.

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The United States will be moving to levy these remedies against nations that sponsor this European-led neocolonial export of global climate regulations,” the statement said.

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Top 10 Most Powerful Countries In The World In 2025 And Why

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Power in the global arena is no longer measured by military strength alone; for powerful countries, it encompasses economic resilience, political influence, technological advancement, cultural impact, and the ability to shape international alliances.

A new ranking by US News, developed in partnership with the BAV Group (a division of WPP) and Professor David Reibstein from the Wharton School, University of Pennsylvania, highlights the countries that command the greatest global influence in 2025.

How the Rankings Were Compiled
The Power Sub-Ranking by US News was determined based on an equally weighted average of five key attributes that signify a country’s global might:

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Top 10 Most Powerful Countries in the World (2025)

United States – With a GDP of $30.34 trillion and a population of about 347 million, the U.S. remains the world’s most powerful nation, driven by its unmatched military, technological innovation, and global leadership.

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China – The Asian powerhouse holds the second spot with a $19.53 trillion GDP and 1.415 billion people, maintaining significant influence in global trade, manufacturing, and diplomacy.

Russia – Despite economic challenges, Russia retains its strategic importance and military dominance, with a GDP of $2.2 trillion and a population of 143.8 million.

United Kingdom – The UK’s global clout stems from its strong economy ($3.73 trillion GDP) and active role in international politics and defense alliances.

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Germany – As Europe’s largest economy, Germany boasts a GDP of $4.92 trillion and a population of 83.9 million, solidifying its leadership in technology, industry, and diplomacy.

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South Korea – With a $1.95 trillion GDP and a population of 51.6 million, South Korea’s rise reflects its technological innovation and growing military strength.

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France – A key European player with a $3.28 trillion GDP, France continues to wield influence through its diplomatic reach, defense capabilities, and global culture.

Japan – Boasting a $4.39 trillion GDP and 123.7 million people, Japan remains a technological and economic force in Asia.

Saudi Arabia – The kingdom’s $1.14 trillion economy and control over global energy markets reinforce its growing geopolitical importance.

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Israel – With a $550.91 billion GDP and a population of 9.38 million, Israel earns its place among the top 10 thanks to its advanced military and leadership in innovation and technology.

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