By: Elizabeth ChristopherOn Nov 6, 2023
The Nigeria Deposit Insurance Corporation (NDIC) has as soon as once more demonstrated its unwavering dedication to excessive moral requirements and compliance with anti-corruption legal guidelines and laws, because it gained the highest place within the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS).
This outstanding achievement marks the second time that NDIC has achieved the distinguished first place, beforehand having been ranked first within the 2021 EICS.
The ICPC’s Ethics and Integrity Compliance Scorecard (EICS) is an annual evaluation device designed to guage Ministries, Departments, and Agencies (MDAs) in Nigeria for his or her adherence to institutional ethics and integrity necessities.
The evaluation encompasses the measurement and monitoring of key efficiency indicators in classes similar to Management Culture and Structure, Financial Management Systems, and Administrative Systems.
In the 2023 EICS, which occurred between March and July 2023 and concerned 404 MDAs, the NDIC excelled with a rating of 91.30%.
The EICS report emphasizes the ICPC’s dedication to mitigating abuse of workplace and corruption by selling ethics and integrity benchmarks inside authorities companies, finally contributing to simpler service supply.
The Director, Communication & Public Affairs, Bashir Nuhu, mentioned “the NDIC’s consistent first-place ranking is a testimony to the Corporation’s zero tolerance policy for corruption and benchmarking its operations with standard best practices. It would be recalled that the Corporation in September this year earned 3 ISO Certifications having complied with the requirements following a rigorous audit by MSECB, a leading international provider of Audit and Certification services. These achievements have been possible due to Corporation’s effective and ethical operational procedures aimed at instilling transparency and accountability. The NDIC’s Anti-Corruption and Transparency Unit (ACTU) played a pivotal role in the process, collaborating closely with the ICPC. This collaboration included sensitizing NDIC staff, identifying and enhancing internal controls to prevent fraudulent practices, and ensuring strict compliance with established policies and procedures by the Corporation’s Management”
“The NDIC’s outstanding performance in the 2023 ICPC Ethics and Integrity Compliance Scorecard underscores its unwavering commitment to upholding the highest ethical standards and serving as a beacon of integrity within the Public Service. The Corporation remains dedicated to ensuring the safety of deposits and contributing to the stability of the financial system”
Olusola Akintonde
