NDIC Strengthens Commitment to Anti-Corruption Efforts with Inauguration of ACTU

In a significant move towards bolstering transparency and integrity within its operations, the Nigeria Deposit Insurance Corporation (NDIC) recently inaugurated an Anti-Corruption and Transparency Unit (ACTU) at its headquarters in Abuja. The ceremony, overseen by officials from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), underscored NDIC’s steadfast commitment to combatting corruption and promoting ethical practices.

Mr. Bello Hassan, the Managing Director/Chief Executive of NDIC, highlighted the corporation’s unwavering stance on zero tolerance for corruption. He emphasized that NDIC’s core values of teamwork, respect, fairness, integrity, professionalism, and passion serve as the bedrock for fostering a culture of transparency and accountability. Represented by Mr. Mustapha M. Ibrahim, the Executive Director of Operations, Hassan reiterated NDIC’s dedication to upholding these values and ensuring ethical conduct across all levels.

The establishment of the NDIC ACTU marks a pivotal moment in the corporation’s ongoing efforts to strengthen its operational framework. Through the implementation of stringent compliance measures such as robust internal controls, regular risk assessments, and comprehensive employee training programs, NDIC aims to fortify its systems against corruption and misconduct. These initiatives reflect NDIC’s proactive approach to promoting ethics, integrity, and transparency within the workplace.

Mr. Hassan hailed the inauguration as a significant step forward in NDIC’s anti-corruption endeavors, underscoring the management’s unwavering support for ACTU activities. He stressed the pivotal role of the unit in upholding the corporation’s integrity and fostering public trust in its operations.

Dr. Musa Adamu Aliyu, Chairman of ICPC, commended NDIC’s management for their dedication and active collaboration in establishing and advancing the activities of the ACTU. He lauded the efficiency and diligence of the NDIC ACTU in fulfilling its mandate, which resulted in the corporation ranking first for two consecutive years on the annual ICPC Ethics and Integrity Compliance Scorecard

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Mr. Olusegun Adigun, Acting Director System Study and Review at ICPC, represented Dr. Aliyu at the ceremony and urged the new ACTU members to build upon the successes of their predecessors. He encouraged them to complement management’s efforts in promoting NDIC’s core values and ethical practices through their assigned duties.

The inauguration of the NDIC ACTU signifies a pivotal moment in the corporation’s ongoing commitment to combatting corruption and fostering a culture of transparency and accountability. By aligning with ICPC and implementing robust compliance measures, NDIC reaffirms its position as a beacon of integrity within Nigeria’s financial sector.