Would you like to receive notifications on latest updates of the following headlines?

NDIC Strengthens operational system with  anti-corruption and Transparency Unit

POSTED ON April 25, 2024 •   Business      BY Abiodun Saheed Omodara •   VIEWS 100
Insurance Corporation (NDIC) l Credit: NDIC l Source: X

The Nigeria Deposits Insurance Corporation (NDIC) has inaugurated an Anti-Corruption and Transparency Unit (ACTU) at its headquarters in Abuja. 

Speaking at the inauguration which was conducted by officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Managing Director/Chief Executive, NDIC, Mr. Bello Hassan said 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. 

Represented by the Executive Director, Operations Mr. Mustapha M. Ibrahim, 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. 

He explained that the specific measures include robust Internal Controls, regular Risk Assessments, and 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 enhances 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, 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.

RECOMMENDED FOR YOU
FG, states, LGs share N1.2tn in August – FAAC
BY Abiodun Saheed Omodara September 18, 2024 0

The Federal Accounts Allocation Committee has said it disbursed N1.2 trillion earned as revenue in A...

RECOMMENDED FOR YOU
CBN may halt interest rates hike — Report
BY Abiodun Saheed Omodara September 17, 2024 0

Nigeria's inflation rate fell to its lowest level in six months in August, prompting Nigeria's centr...

RECOMMENDED FOR YOU
Global markets cautious on interest rate cut expectations
BY Abiodun Saheed Omodara September 16, 2024 0

Stock investors were cautious about extending recent gains on Monday, with discussion centered on th...

RECOMMENDED FOR YOU
49 banks' employees dismissed over frauds in Q2 2024
BY Abiodun Saheed Omodara September 16, 2024 0

Deposit money banks in Nigeria dismissed 49 employees due to their involvement in fraudulent activit...

RECOMMENDED FOR YOU
Nigeria’s Bitcoin interest rate second highest globally  -- Report
BY Abiodun Saheed Omodara September 16, 2024 0

Nigeria has the second-highest interest in Bitcoin globally, trailing only behind El Salvador accord...

RECOMMENDED FOR YOU
NNPCL plans to sell Dangote petrol at N1,019/litre in Borno, N950 in Lagos
BY Abiodun Saheed Omodara September 16, 2024 0

The Nigerian National Petroleum Company Limited has said it will sell the petrol lifted from the Dan...

RECOMMENDED FOR YOU
OPEC clocks 64, lauds Nigeria, Tinubu's support
BY Benedicta Bassey September 15, 2024 0

The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais,...

RECOMMENDED FOR YOU
2025 maximum acceleration year for sugar project development-NSDC Boss
BY Benedicta Bassey September 15, 2024 0

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has...

OUR CHANNELS:

OTHER ARTICLES ::

19th September, 2024
Shettima advocate for urgent action to tackle climate change
BY Abiodun Saheed Omodara September 19, 2024 0

The Vice President, Kashim Shettima has called for urgent action necessary to mitigate the harsh rea...


FCT emergency department constitutes preparedness committee
BY Abiodun Saheed Omodara September 19, 2024 0

The Federal Capital Territory Emergency Management Department (FEMD) has constituted an ad-hoc commi...


EFCC lays siege on Kogi govt lodge, plans Bello’s arrest
BY Benedicta Bassey September 19, 2024 0

Operatives of the Economic and Financial Crimes Commission, has beseiged the Kogi State Government L...


Ogun set to have battery recycling company soon- British High Commissioner
BY Abiodun Saheed Omodara September 19, 2024 0

A British battery recycling company is set to establish operations in Ogun State, Nigeria, according...


IPOB debunks army's claim on abduction, says Igbo won't be force to resign
BY Benedicta Bassey September 19, 2024 0

The Indigenous People of Biafra it had no intention to force Igbo people to resign from the Nigerian...


Economic hardship: Makinde kicks against new tax bill by Assembly
BY Benedicta Bassey September 19, 2024 0

The Oyo State Governor, Seyi Makinde, has kicked against the Presumptive Tax Bill passed by the stat...


Two days to Edo poll, Abure distances self from LP campaign
BY Benedicta Bassey September 19, 2024 0

As the 2024 governorship election in Edo State holds this Saturday, September 21, Labour Party held...


ECOWAS steps  up  action plan to tackle plastic pollution
BY Abiodun Saheed Omodara September 19, 2024 0

The Economic Community of West African States (ECOWAS) is stepping up efforts to combat plastic poll...


Strike looms as SSANU, NASU give FG three weeks to pay salaries
BY Benedicta Bassey September 19, 2024 0

Following the inability of the Federal government to pay up outstanding salaries, the Joint Action C...


New AFIDEP research reignites debate on population control, climate action
BY Abiodun Saheed Omodara September 19, 2024 0

The research, published in the Vienna Yearbook of Population Research of the Vienna Institute of Dem...


Menu