Thursday, September 18, 2025
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

INSURANCE LITERACY DRIVE: NAICOM, SDGs SYNERGY INITIATIVE MOVE TO PROMOTE INSURANCE LITERACY.

  The National Insurance Commission (NAICOM) and the Sustainable Development Goals (SDGs) Synergy Initiative are set to deepen collaboration aimed at strengthening youth participation in...

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA – FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA - FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers   The Federal Competition and Consumer Protection Commission says...

NAICOM, FINTECH ASSOCIATION PARTNER TO DRIVE INSURANCE DIGITALIZATION

  In a move to accelerate the digital transformation of Nigeria’s insurance sector, the National Insurance Commission (NAICOM) has entered into collaboration with the FinTech...

Most Popular

INSURANCE LITERACY DRIVE: NAICOM, SDGs SYNERGY INITIATIVE MOVE TO PROMOTE INSURANCE LITERACY.

  The National Insurance Commission (NAICOM) and the Sustainable Development Goals (SDGs) Synergy Initiative are set to deepen collaboration aimed at strengthening youth participation in...

$134M AGRIC PROGRAMME NAIDA REJECTS ALLEGATIONS OF MISMANAGEMENT

  The Nigeria Agro Input Dealers Association, NAIDA, has dismissed reports alleging fraud in the African Development Bank–funded $134 million agricultural programme, NAGS-AP. In a statement,...

FG MOVES TO REVITALIZE SILOS CONCESSION PROGRAMME TO BOOST FOOD SECURITY

  The Federal Government says it is set to revitalize the Silos Concession Programme as part of efforts to curb post-harvest losses, strengthen food storage...

INDIAN BUSINESSMAN, THREE OTHERS ARRESTED OVER N3.9BN TRAMADOL AT LAGOS AIRPORT …AS NDLEA UNCOVERS SKUCHIES FACTORY, NABS COUPLE WITH 19KG DRUGS IN ANAMBRA,...

The National Drug Law Enforcement Agency (NDLEA) has arrested an Indian businessman, Gupta Ravi Kumar, and three Nigerian accomplices over the importation of 2,248,000 pills...

Recent Comments