NDIC clinches award for financial accountability, good governance

The Nigeria Deposit Insurance Corporation (NDIC) has bagged the federal government’s ‘level five’ platinum level organisation award for outstanding performance in financial accountability and good governance. The assessment was conducted by the Bureau of Public Service Reform (BPSR) from Sept. 2021 through the bureau’s Self-Assessment Tool (SAT) initiative, a statement by the NDIC had said. […]

NDIC clinches award for financial accountability, good governance

Nigerian Deposit Insurance Corporation (NDIC)

The Nigeria Deposit Insurance Corporation (NDIC) has bagged the federal government’s ‘level five’ platinum level organisation award for outstanding performance in financial accountability and good governance.

The assessment was conducted by the Bureau of Public Service Reform (BPSR) from Sept. 2021 through the bureau’s Self-Assessment Tool (SAT) initiative, a statement by the NDIC had said.

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Presenting the award and report in Abuja yesterday, Mr Boss Mustapha, the Secretary to the Government of the Federation (SGF), said the assessment was drawn from the federal government’s commitment to ensure improved service delivery in the public service, while calling on all the federal Ministries, Departments and Agencies (MDAs) to subject themselves to the assessment for improved performance and service delivery.

Reacting to the development, managing director of the NDIC, Mr Bello Hassan, said the SAP initiative would continue to assist the corporation in evaluating its responsiveness to current government policies.

Hassan said the award and report would spur the corporation into doing more to achieve its targets.

“We were highly elated for being rated platinum level, but I think for us we have a culture of continuous process improvement, so we are going to look at the report closely, especially on the recommendations.

“We are going to improve on our weaknesses identified so that when next we are assessed, we will do much better,” the MD added.