NDIC Clinches FG Platinum Award for Outstanding Performance in Corporate Governance, Service Delivery

L-R: Managing Director/ CEO, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan; Board Chairman, NDIC, Mrs. Ronke Sokefun; Special Adviser to the President on Policy and Coordination, Dr. Habiba Lawal and Director General, Bureau of Public Service Reforms (BPSR), Dr. Dasuki Arabi, during the official presentation of Report and Award on the Deployment of the Self-Assessment Tool to Nigeria Deposit Insurance Corporation (NDIC) at the NDIC Headquarters in Abuja.

The Nigeria Deposit Insurance Corporation (NDIC) has been presented with the Federal Government Level Five (5) Platinum Level award for outstanding performance in corporate governance and accountability by the Bureau of Public Service Reforms (BPSR).

The award is based on the Corporation’s outstanding score of Ninety-Three Percent (93%) in the BPSR Self-Assessment Tool (SAT) that was deployed to Federal Ministries, Departments and Agencies (MDAs) to assess and enhance service delivery.

Presenting the award to the Corporation, the Secretary to the Government of the Federation (SGF), Barr. Boss Mustapha represented by the Special Adviser to the President on Policy and Coordination, Dr. Habiba Lawal congratulated the Board, Management and Staff of the NDIC for the courage and commitment during the exercise. She added that the Corporation’s exceptional achievement serves as an impetus for other government agencies to take the opportunity of the BPSR Self-Assessment Tool to assess their strengths and weaknesses, and employ the outcome of the self-evaluation to achieve the Federal Government’s objectives of effective service delivery to the citizenry.

The Honourable Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, represented by the Director, Home Finance, Mr. Stephen Okon commended the Corporation for the award and expressed the Ministry’s continued commitment and support to the NDIC towards the implementation of the recommendations of the BPSR SAT report.

While presenting the SAT report, the Director-General of the BPSR, Dr Dasuki Arabi, stated that the Corporation is the first and only agency under the supervision of Federal Ministry of Finance, Budget and National Planning to submit itself to the SAT assessment.

He explained that the Corporation’s 93% score which represents the rating of “Far Exceeded Expectations” is a direct result of the Management’s commitment to high standards in corporate governance and staff’s diligence and hard work.

He added that the assessment, which commenced in September 2021, focused on broad areas of strategic governance including financial management, operational and service delivery process, human resource management & planning, procurement process and change management.

The Chairman, NDIC Board of Directors, Mrs. Ronke Sokefun and the MD/CE, NDIC Mr Bello Hassan both congratulated the NDIC Board, Management Team and staff for the feat achieved. The MD/CE, Mr. Hassan said since the assessment from the BPSR, the NDIC has continued to benchmark itself with International Standards and Best Practices through a culture of continuous process improvement and service delivery to its various stakeholders.

Meanwhile, The Board Chairman, Mrs. Sokefun said the NDIC would continue to strive for excellence in delivery of its mandate while implementing recommendations of the BPSR report.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Asset Management: Financial Literacy is a Major Strategy for Young Nigerians

Financial literacy content aimed at young Nigerians has grown...

RMB, BOI at Signing of Landmark N274.18bn Inaugural Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

PenCom Engages Lagos State over Increase in Pension for Lagos State Retirees

The National Pension Commission (PenCom) acknowledges the concerns expressed...

The Nigeria Prize for Literature: Eze, Ifowodo, Oburumu in the Race for $100,000

The field has narrowed and the race for the...

Ecobank Unveils N20m InnovateX 2026 Opportunity for Young Nigerians

Ecobank Nigeria has called on young Nigerians, particularly students,...

Topics

Stanbic IBTC Holdings: Fintech Subsidiary Begins Operation

Stanbic IBTC Holdings Plc, a leading provider of financial...

Facebook , African Partners Seek Safer Internet

Celebrating Safer Internet Day (SID) under the connected theme of “Create, connect...

NNPC Seeks Increase in Oil Production Royalties

The Nigerian National Petroleum Corporation (NNPC) has recommended some...

Wema Bank, Standard Chartered Explore Partnership Opportunities

  L-R: MD/CEO, Wema Bank Plc, Mr. Moruf Oseni; Executive...

CBN: New Naira Notes Ready by December 15, 2022

Press Remarks by CBN Governor, Godwin Emefiele on Issuance...

FBS Re, Munich Re Conducts Reinsurance Training Program for Insurers, Brokers in Africa

From left: Head of Information Technology, FBS Reinsurance, Shuaibu...

NNPC GCEO Rallies Judiciary’s Support Against Crude Oil Theft

GCEO NNPC Limited, Mr. Mele Kyari (seated 3rd from...

5G: Gwandu Tasks African Countries to Harness $130bn Economic Value

Dr. Bashir Gwandu, former Acting Executive Vice Chairman/CEO, Nigerian...
spot_img

Related Articles

Popular Categories

spot_imgspot_img