Business

NDIC inaugurates anti-corruption, transparency unit

By Stellamaries Amuwa

The Nigeria Deposit Insurance Corporation (NDIC) has inaugurated the Corporation’s Anti-Corruption and Transparency Unit (ACTU) which was done by officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Speaking during the inauguration, the MD/CE of NDIC, Mr. Bello Hassan, who was represented by the NDIC Executive Director, Operations Mr. Mustapha M. Ibrahim stated that NDIC has a culture of zero tolerance for corruption, which is further strengthened by its core values of teamwork, respect and fairness, integrity, professionalism, and passion.

This was made known at the NDIC headquarters in Abuja, where he said: “The NDIC ACTU has strengthened the Corporation’s operational system through the implementation of various compliance measures to ensure ethics, integrity, transparency and accountability in the workplace.”

According to the Hassan, specific measures include robust Internal Controls, regular risk assessments, strict adherence to regulatory guidelines, and comprehensive training programs for employees. He described the inauguration as a significant step in the Corporation’s ongoing commitment in the fight against corruption and enhance transparency.

He reiterated that NDIC Management remains committed to supporting ACTU activities, recognizing the unit’s critical role in ensuring the Corporation’s
operations are conducted with integrity, free from corruption, and fostering public trust.

Meanwhile, the ICPC Chairman, Dr. Musa Adamu Aliyu who was represented by ICPC Acting
Director System Study and Review, Mr. Olusegun Adigun, praised NDIC Management for their dedication and active support in establishing and advancing the activities of the ACTU to address corruption issues and foster ethical practices.

He applauded the efficiency and diligence of the NDIC ACTU in
fulfilling its mandate, resulting in the Corporation retaining the first position for two consecutive years on the annual ICPC Ethics and Integrity Compliance
Scorecard. He urged the new ACTU members to see their nomination as an opportunity to build on the good legacies of the previous members and to complement Management’s efforts in promoting the core values of the Corporation through their assigned duties.

Ten (10) members of staff were sworn in as members of the NDIC ACTU during the inauguration. Their key functions include annual sensitization of staff against corruption; Conduct of System Study & Review and Corruption Risk Assessment to strengthen internal systems; monitoring budget implementation of the
Corporation, coordinating whistleblowing platforms, identifying and rewarding
outstanding members of staff amongst other responsibilities

Related Posts

Leave a Comment

This News Site uses cookies to improve reading experience. We assume this is OK but if not, please do opt-out. Accept Read More