Friday, April 17, 2026
27.6 C
Lagos

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

NCDMB Begins 2023 with Level 5 Platinum Ranking from FG Agency

Higher and higher soars the Nigerian Content Development and Monitoring Board (NCDMB) as it shatters the records again, emerging “a Level 5 Platinum Level organisation in a summary report of the Bureau of Public Service Reforms (BPSR) Self-assessment Tool (SAT) released in Yenagoa on Wednesday. 

According to the Federal Government Bureau, the rating translates as “Exceptional Performance with a performance level of 90.5%.”

In September 2022 the Board was adjudged the best among Ministries, Departments, and Agencies (MDAs) in the Executive Order (EO1) performance ranking for Ease of Doing Business for January to June 2022.

After that ranking by the Presidential Enabling Business Environment Council (PEBEC), NCDMB’s Executive Secretary, Engr. Simbi Kesiye Wabote, was conferred with the “Distinguished Capacity Development Award” by President Muhammadu Buhari in October.

BPSR, at a presentation ceremony at the NCDMB Conference in Yenagoa, Bayelsa State noted that NCDMB is structured to achieve its vision, mission and strategic objectives, which have been effectively communicated to relevant stakeholders and well understood by staff.

Continuing in what it terms “validated assessment and in-depth analysis of processes and practices of the agency,” the Bureau reported that “NCDMB has adopted robust financial and accounting policies that comply with financial regulations and are clearly reviewed to ensure efficient and reliable financial reporting, such as e-payment for all transactions – supplies, contracts, salaries and entitlements of staff.”

On the Board’s ‘Key Areas of Weakness,’ the Bureau said among other things that “The Governing Board has not ensured the establishment of an anti-corruption policy with an entrenched whistle-blower mechanism for NCDMB,” and that “The organisation’s strategic plans did not incorporate generation of additional financial resources with mechanisms to ensure transparent management and reporting on performance such resources.”

To underscore its conviction that NCDMB would strive for higher levels of performance beyond its Level 5 Platinumranking, the Bureau recommends that the Board “Develop formal code of conduct defining standards of behavior to which individual Governing Board members of NCDMB subscribe and adhere.’ Also, that “The procurement staff are encouraged to sign an affidavit regarding their commitment not to engage in practices involving conflict of interests to improve compliance with the provisions of PPA 2007 [Public Procurement Act, 2007.”

Presenting the report, the Director General, BPSR, Dr. Dasuki Arabi, hinted that NCDMB is the first agency under the Ministry of Petroleum Resources that submitted itself willingly to undergo the assessment since the Bureau was mandated to deploy the tool in all federal ministries, departments and agencies.

Represented by the Head, Strategy, Innovation and Research, BPSR, Mrs. Mercy Okon, the Director General confirmed that the assessment was free from any influences and recommended the Board work with the Bureau to deepen reforms.

In his closing remarks on behalf of NCDMB Management, Director of Monitoring and Evaluation, Mr. Akintunde Adelana thanked the BPSR, particularly its Director General for the painstaking assessment exercise and assured that the exceptional grade achieved by NCDMB would spur its staff to even do better. Noting that “Getting a Platinum Level award is no mean feat,” he promised that recommendations made by the BPSR would be carefully studied and implemented for even greater results.

Hot this week

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Tinubu Assents to N68.32tn Appropriation Bill, 2025 Budget Extension

President Bola Ahmed Tinubu has assented to the 2026...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

PenOp Appoints Anthonia Okoro as Chief Executive Officer

Pension Fund Operators Association of Nigeria is pleased to...

Topics

Virtual Assets: SEC Goes Tough on Illegal Trading

In a bid to rid the Virtual Assets space...

NCC: Launch of EVC’s Compendium, New Strategic Vision

The Minister of Communications and Digital Economy, Dr. Isa...

NAICOM, NHIS Partner on Indemnity Insurance for Health Workers

R-L: Mr. O. S. Thomas, Commissioner for Insurance/CEO, National...

The Alternative Bank, TotalEnergies to Rollout ‘Bank in a Box’ for Enhanced Accessibility

The Alternative Bank, in collaboration with TotalEnergies, unveils an...

Nigeria, 9 Others Account for 92% of Insurance Premium in Africa

A panel report from the 43rd African Insurance Organisation...

BudgIT Flags 2025 FG Budget as Opaque on Revenue Stream

BudgIT, a prominent civic-tech organisation promoting transparency and accountability...
Exit mobile version