Finally, the Committee is empowered to recommend disciplinary proceedings to the LPDC or take appropriate legal measures against any legal practitioner for the violation of the provisions of Chapter 2 of the Rules. The NBAAMLC is thus the principal arm of the NBA on addressing money laundering and terrorism financing issues.
As Nigeria continues to evolve and modernize its immigration procedures, it has the potential to become a shining example of efficient and secure border control in the African region, ultimately contributing to the nation's growth and global standing.
The establishment of Nigeria's Financial Reporting Council (FRC) under the Financial Reporting Council of Nigeria Act, 2011, marked a significant milestone in the country's efforts to enhance financial transparency, corporate governance, and accountability.