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The Conference on Promoting International Co-operation in TCombating Illicit Financial Flows and Enhancing Asset Recovery to Foster Sustainable Development was held in Abuja, Nigeria from 5 – 7 June, 2017. The Conference was organized under the auspices of the Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the Federal Ministry of Justice and Ministry of Foreign Affairs.
The conference was attended by the Acting President, Prof Yemi Osinbajo, S.A.N., Attorney General of the Federation, Abubakar Malami, S.A.N., Minister of Foreign Affairs, Mr. Geoffrey Onyeama, Chairman of the Presidential Advisory Committee, Prof Itse Sagay, S.A.N., members of the Diplomatic Corp, representatives of Ministries, Departments and Agencies, members and staff of PACAC, officials of the Federal Ministry of Justice and the Ministry of Foreign Affairs, representatives of international organizations, delegates and speakers from other African countries, Asia, Europe United States of America, development partners, representatives from the private sector, members of the academia, Civil Society Organizations and the media.
The conference is a timely response to the series of engagements and initiatives to ensure that the Sustainable Development Goals (SDGs) are met by 2030 through adequate financial provisions by all countries. As part of Nigeria’s commitment, it recently led the initiative in passage of UN General Assembly (UNGA) Resolution on Promotion of International Cooperation to Combat Illicit Financial Flows in Order to Foster Sustainable Developments in December 2016 following President Muhammadu Buhari’s visit and address to UNGA. In line with Nigeria’s cardinal of focus on corruption she is also stepping up efforts in disrupting the advancement of Illicit Financial Flows (IFF) while also increasing advocacy for effective and efficient asset return from requested states to requesting countries.