The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to a culture of zero tolerance for corruption, which is further strengthened by its core values of teamwork, respect, fairness, integrity, professionalism, and passion.
NDIC Managing Director, Bello Hassan disclosed this 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.
Hassan was represented at the event by NDIC 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, 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, 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. 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.
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