Section 60: Designation of a person or entity by the United Nations Security Council or its Committees in relation to Proliferation financing.

(1) The designation of any person or entity by the United Nations Security Council or its Committees under Chapter VII of the Charter of the United Nations, under UNSCR that relate to the prevention and disruption of the financing of proliferation of weapons of mass destruction, shall have immediate application in Nigeria and continue in effect until its expiration or revocation by the United Nations Security Council or its Committees.
(2) Any information on the designation of person and entities referred to in subsection (1) of this Act shall, without delay, be—
(a) published in the Nigeria Sanctions Committee website and periodically updated in the manner prescribed in the regulations made in accordance with this Act; and
(b) circulated to the relevant sector regulators, financial institutions, designated non-financial businesses and professions and other entities.