NDIC receives BPSR’s platinum award in outstanding corporate governance, service delivery

  • Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan (left), Board Chairman, 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 presentation of report and award on the deployment of the Self-Assessment Tool (SAT) to NDIC in Abuja

By Anthony Nwachukwu

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

NDIC garnered an outstanding 93 per cent in the BPSR Self-Assessment Tool (SAT), which was deployed to Federal Ministries, Departments and Agencies (MDAs) to assess and enhance service delivery.

Presenting the award, Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, represented by the Special Adviser to the President on Policy and Coordination, Dr. Habiba Lawal, congratulated the board, management and staff of NDIC for their courage and commitment during the exercise, a statement from the corporation’s Communication and Public Affairs Department disclosed.

According to him, NDIC’s exceptional achievement serves as an impetus for other government agencies to take the opportunity of the BPSR SAT to assess their strengths and weaknesses, and employ the outcome of the self-evaluation to achieving government’s objective of effective service delivery to the citizenry.

Also, the Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, represented by the Director, Home Finance, Mr. Stephen Okon, assured of the ministry’s continued commitment and support to the corporation towards the implementation of the recommendations of the BPSR SAT report.

While presenting the SAT report, the Director-General of BPSR, Dr. Dasuki Arabi, disclosed that NDIC was the first and only agency under the Federal Ministry of Finance, Budget and National Planning to submit to the SAT assessment.

He explained that the corporation’s 93 per cent score, which represents “Far Exceeded Expectations” rating, is a direct result of the management’s commitment to high standards in corporate governance, as well as staff diligence and hard work.

Arabi noted 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 and planning, procurement process and change management.

Excited at the achievement, the Chairman, NDIC Board of Directors, Mrs. Ronke Sokefun, and the Managing Director/Chief Executive Officer of NDIC, Mr. Bello Hassan, congratulated the NDIC Board, management team and staff for the feat.

Hassan disclosed that since the BPSR assessment, 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. And for Sokefun, NDIC will continue to strive for excellence in the delivery of its mandate while implementing the recommendations of the BPSR report.

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