Thursday, April 2, 2026
Home Business NDIC SUSTAINS FIGHT AGAINST CORRUPTION WITH INAUGURATION OF ANTI-CORRUPTION & TRANSPARENCY UNIT...

NDIC SUSTAINS FIGHT AGAINST CORRUPTION WITH INAUGURATION OF ANTI-CORRUPTION & TRANSPARENCY UNIT (ACTU)

The Managing Director and Chief Executive officer  Nigeria Deposit Insurance Corporation (NDIC)  Bello Hassan says the corporation 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”
The Managing Director who was represented by the NDIC Executive Director, Operations Mustapha  Ibrahim made this known during the inauguration of the Corporation’s Anti-Corruption and Transparency Unit (ACTU) by officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) at the NDIC headquarters in Abuja.
 He says, 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.
He explained that the specific measures include robust Internal Controls, regular Risk Assessments, strict adherence to regulatory guidelines, and comprehensive training programs for employees.
Hassan described the inauguration as a significant step in the Corporation’s ongoing commitment in the fight against corruption and enhance transparency.
 He emphasised 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.
The ICPC Chairman, Dr. Musa Adamu Aliyu who was represented by ICPC Acting Director System Study and Review,  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.
He stressed the need for the NDIC Management to sustain its commitment and support to ACTU so that the Unit can perform optimally and remain a veritable tool in embedding laid down ethical standards amongst staff and sustaining a positive image for the Corporation.
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 ARTICLES

FCCPC CRITICAL TO SAFEGUARDING NIGERIA’S BUSINESS ENVIRONMENT – CJN

  By Kikelomo Okere The Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, has described the Federal Competition and Consumer Protection Commission as a critical institution for...

NAICOM, BPP SEAL MOU TO BOOST INSURANCE COMPLIANCE, GROWTH

    The National Insurance Commission and the Bureau of Public Procurement have signed a Memorandum of Understanding to strengthen insurance compliance in Nigeria’s public procurement...

AIRFARE PROBE: FCCPC FLAGS POSSIBLE PRICE FIXING BY LOCAL AIRLINES

    Nigeria’s aviation market is under scrutiny after the Federal Competition and Consumer Protection Commission (FCCPC) uncovered suspicious fare spikes by domestic airlines during the...

Most Popular

NIGERIA’S OIL EXPLORATION DROPS 45% ON LIMITED ACTIVITIES

Nigeria’s upstream oil sector is showing fresh signs of strain, with exploration activity dropping sharply by 45 per cent in February 2026 — a...

A LEGACY OF LOVE AND SERVICE: EZEAJA MARKS 70

    It was a day of joy and heartfelt celebration in Nyanya, Abuja, as family, friends, and well-wishers gathered at the Redeemed Christian Church, House...

CREDIBLE ELECTIONS: INEC SEEKS MEDIA SUPPORT TO REBUILD PUBLIC CONFIDENCE

By Anietie Patrick   The Chairman of the Independent National Electoral Commission, Professor Joash Amupitan, has called for stronger media collaboration to address what he describes...

LPG SUPPLY FALLS 8.5% TO 4.7 METRIC TONNES DAILY

The supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, declined by 8.5 per cent month-on-month to 4.7 metric tonnes per day...

Recent Comments