She was decorated with the medal by the UN Secretary-General Antonio Guterres on Tuesday.
The UN will also honour three fallen Nigerian peacekeepers on June 1, at the UN headquarters in New York.
They are Lt. Col. Ali Suleiman, who served with the UN Organisation Stabilisation Mission in the Democratic Republic of the Congo.
Others are Warrant Officer Remmy Amakwe, who was deployed with the African Union–United Nations Mission in Darfur; and Mr Kolawole Shogaolu, who served in a civilian capacity in the UN Multidimensional Integrated Stabilisation Mission in Mali.
NAN reports that the honour is an acknowledgement of the contribution of Nigeria to UN Peacekeeping Operations to ensure global peace and security.
The decoration was part of activities to honour the service and sacrifice of peacekeepers around the world to mark the 2018 International Day of UN Peacekeepers.
Speaking after receiving the award, Funmilayo said: “The medal is very important. It symbolises what it is to be a peacekeeper at MINUSMA. Receiving it from the Secretary-General is a very unique privilege.
“The terrorists are not relenting in what they are doing. And obviously, we are not backing out in what we have come to do”, she added, underscoring the worrying security situation in Mali.
She further said: “The UN is all about peace. And when there is peace, there is development.
“When there is peace, there is promotion of technology. When there is peace, every other thing works the way it should work.
“And for any person who would want to join MINUSMA, you should have at the back of your mind that when you are coming, it is to support the peace process.”
