ILA Nigeria Conference Tackles Tax Evasion and Illicit Financial Flows
The International Law Association (ILA Nigeria) is set to examine the growing threats of tax evasion, illicit financial flows, money laundering, and other corruption-related economic crimes in a comprehensive three-day conference held in Abuja. This significant event, taking place at the National Institute for Legislative and Democratic Studies (NILDS), aims to reinforce the forum's reputation as one of Nigeria's most influential gatherings on global legal governance.
Conference Details and Objectives
Since its inception in 2014, the yearly conference has served as a crucial meeting point for policymakers, practitioners, academics, diplomats, and students. It offers a robust platform for the study and advancement of international law frameworks across key sectors. The 2026 edition, which commenced yesterday in Abuja, features keynote addresses, masterclasses, panel discussions, and networking sessions designed to foster collaboration and innovation.
Dr. Grace Dafiel, chairperson of the conference organizing committee, emphasized the urgency of the theme: "Mitigating Economic and Financial Crime Risks in a Shifting Global Order: The Role of International Law." She highlighted that this theme reflects the critical need to strengthen legal tools to combat economic crimes that undermine national stability and development. The conference will deepen conversations on how international law can support more effective regulatory enforcement and risk mitigation in areas such as tax evasion, cross-border illicit financial flows, corruption, and money laundering.
Expert Insights and Participation
Dr. Dafiel noted that the event is open not only to lawyers but also to professionals in business and finance, advocates, academics, and students with an interest in international legal practice. This inclusive approach ensures a diverse range of perspectives and expertise, enhancing the dialogue on combating financial crimes.
Prominent speakers at the conference include:
- Dr. Fatou Bensouda, former Prosecutor of the International Criminal Court
- Edward Harris, Director General of GIABA
- Prof. Bolaji Owasonoye (SAN), former ICPC chairman
- Mohamed M. Malick, UN Resident and Humanitarian Coordinator in Nigeria
Prof. Damilola Olawuyi (SAN), President of ILA Nigeria and Chairperson of the United Nations Working Group on Business and Human Rights, described tax evasion and illicit financial flows as multifaceted threats to sustainable development that require innovative legal solutions. He stressed, "Without tax, the government cannot build roads, equip hospitals, or support research," emphasizing that these issues should be understood not only as development concerns but as human rights imperatives.
Focus on Global Standards and Best Practices
Prof. Olawuyi added that stakeholders must remain informed about evolving global standards, as effective risk management tools are essential for anticipating and preventing economic and financial crime risks. "This year's conference hopes to equip participants with the latest information and international best practices," he stated, underscoring the event's goal of empowering attendees with actionable knowledge.
Highlights of the conference will include a President's Dinner and Awards Night, featuring a keynote gala conversation on emerging international frameworks that shape policy, corporate governance, and investment strategies for combating financial crime risks. This segment aims to inspire practical solutions and foster partnerships among key players in the legal and financial sectors.
Overall, the ILA Nigeria conference represents a pivotal effort to address pressing economic challenges through legal innovation and international cooperation, positioning Nigeria at the forefront of the global fight against financial crimes.
