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  •  The Nigeria Deposit Insurance Corporation NDIC has called for stronger collaboration with the ICPC on implementation of the National Anti Corruption Strategy NACS in the corporation A statement by Mr Bashir Nuhu the Director Communication and Public Affairs Department of the Corporation said Mrs Ronke Sokefun the Chairman of the Corporation s Board said this in Abuja on Tuesday Sokefun said at a sensitisation seminar for Board members and management of the Corporation that the drive toward deepening anti corruption practices in the Corporation informed the invitation of the NACS secretariat to host the seminar She said the collaboration through effective sensitisation on the NACS particularly the National Ethics and Integrity Policy and the Freedom of Information FoI Act would enhance the ownership of the anti corruption campaign in government agencies Sokefun said the board and management of the Corporation had always strived to uphold the core values of integrity and professionalism in the discharge of the NDIC mandate She said that it was a welcome development to learn new and better ways of enhancing the anti corruption mantra through the NACS The chairman stressed the total commitment of the board and management of NDIC to sound corporate governance Nuhu also quoted Mr Bello Hassan the Corporation s Managing Director as lauding the sensitisation initiative of NACS Bello was represented by the Executive Director Operations Alhaji Mustapha Ibrahim Mr John Ode the Deputy Director Public Institutions Ethics and Values of the Independent Corrupt Practices and Other Related Offences Commission ICPC said the Anti Corruption Unit ACTU of the NDIC was the most active among other public institutions He charged the Corporation to further imprint its anti corruption campaign messages on all its communication channels as a way of reinforcing the conduct of staff Ode said the collaboration with NACS and emergence of NDIC as overall best agency in the 2021 ICPC Ethics and Integrity Scorecard among over 300 public institutions was testaments to the Corporation s commitment to mainstreaming anti corruption policies and practices in its operations NewsSourceCredit NAN
    NDIC seeks collaboration with ICPC on anti-corruption strategy
     The Nigeria Deposit Insurance Corporation NDIC has called for stronger collaboration with the ICPC on implementation of the National Anti Corruption Strategy NACS in the corporation A statement by Mr Bashir Nuhu the Director Communication and Public Affairs Department of the Corporation said Mrs Ronke Sokefun the Chairman of the Corporation s Board said this in Abuja on Tuesday Sokefun said at a sensitisation seminar for Board members and management of the Corporation that the drive toward deepening anti corruption practices in the Corporation informed the invitation of the NACS secretariat to host the seminar She said the collaboration through effective sensitisation on the NACS particularly the National Ethics and Integrity Policy and the Freedom of Information FoI Act would enhance the ownership of the anti corruption campaign in government agencies Sokefun said the board and management of the Corporation had always strived to uphold the core values of integrity and professionalism in the discharge of the NDIC mandate She said that it was a welcome development to learn new and better ways of enhancing the anti corruption mantra through the NACS The chairman stressed the total commitment of the board and management of NDIC to sound corporate governance Nuhu also quoted Mr Bello Hassan the Corporation s Managing Director as lauding the sensitisation initiative of NACS Bello was represented by the Executive Director Operations Alhaji Mustapha Ibrahim Mr John Ode the Deputy Director Public Institutions Ethics and Values of the Independent Corrupt Practices and Other Related Offences Commission ICPC said the Anti Corruption Unit ACTU of the NDIC was the most active among other public institutions He charged the Corporation to further imprint its anti corruption campaign messages on all its communication channels as a way of reinforcing the conduct of staff Ode said the collaboration with NACS and emergence of NDIC as overall best agency in the 2021 ICPC Ethics and Integrity Scorecard among over 300 public institutions was testaments to the Corporation s commitment to mainstreaming anti corruption policies and practices in its operations NewsSourceCredit NAN
    NDIC seeks collaboration with ICPC on anti-corruption strategy
    Economy7 months ago

    NDIC seeks collaboration with ICPC on anti-corruption strategy

    The Nigeria Deposit Insurance Corporation (NDIC), has called for stronger collaboration with the ICPC on implementation of the National Anti-Corruption Strategy (NACS) in the corporation.

    A statement by Mr Bashir Nuhu, the Director, Communication and Public Affairs Department of the Corporation, said Mrs Ronke Sokefun, the Chairman of the Corporation’s Board said this in Abuja on Tuesday.

    Sokefun said at a sensitisation seminar for Board members and management of the Corporation, that the drive toward deepening anti-corruption practices in the Corporation informed the invitation of the NACS secretariat to host the seminar.

    She said the collaboration through effective sensitisation on the NACS, particularly the National Ethics and Integrity Policy and the Freedom of Information (FoI) Act, would enhance the ownership of the anti-corruption campaign in government agencies.

    Sokefun said the board and management of the Corporation had always strived to uphold the core values of integrity and professionalism in the discharge of the NDIC mandate.

    She said that it was a welcome development to learn new and better ways of enhancing the anti-corruption mantra through the NACS.

    The chairman stressed the total commitment of the board and management of NDIC to sound corporate governance.

    Nuhu also quoted Mr Bello Hassan, the Corporation’s Managing Director, as lauding the sensitisation initiative of NACS.

    Bello was represented by the Executive Director (Operations), Alhaji Mustapha Ibrahim.

    Mr John Ode, the Deputy Director, Public Institutions Ethics and Values of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said the Anti-Corruption Unit (ACTU) of the NDIC was the most active among other public institutions.

    He charged the Corporation to further imprint its anti-corruption campaign messages on all its communication channels as a way of reinforcing the conduct of staff.

    Ode said the collaboration with NACS and emergence of NDIC as overall best agency in the 2021 ICPC Ethics and Integrity Scorecard among over 300 public institutions was testaments to the Corporation’s commitment to mainstreaming anti-corruption policies and practices in its operations.

    NewsSourceCredit: NAN

  •   Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows Mr Abdulrasheed Bawa Executive Chairman of the Economic and Financial Crimes Commission EFCC made the appeal at UN Headquarters during Nigeria s statement at the Special Session on Corruption The three day special session of the United Nations General Assembly on corruption focuses on Challenges measures to prevent and combat corruption and strengthen international cooperation He spoke of the need for a multidimensional approach to tackle illicit financial flows as recommended by the report of the High Level Panel on International Financial Accountability Transparency and Integrity for the Achievement of Agenda 2030 Panel FACTI Bawa said the report FACTI Group paved the way for financial integrity for sustainable development clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize confiscate and repatriate the proceeds of corruption where appropriate in order to strengthen international cooperation for the recovery and timely return of assets EFCC President Abdulrasheed Bawa at the UN General Assembly Special Session on Corruption in New York Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption We remain committed in our efforts to track investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin said the EFCC President He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration in particular on asset recovery and restitution to support development finance as well as the implementation of the 2030 agenda for sustainable development The EFCC boss told the international rally that Nigeria under the leadership of President Muhammadu Buhari has made the fight against corruption one of the administration s cardinal goals He said civil society organizations CSOs non governmental organizations NGOs and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard The EFFC president explained that a whistleblower case led to the recovery of 43 million EFCC President Abdulrasheed Bawa in the United Nations General Assembly Hall in New York Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds This has led to the recovery and repatriation of stolen funds including the recent return of 4 2million by the UK government which was stolen from Nigeria by a former governor In addition Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti Money Laundering Control Unit to deter the theft of public funds Policies have been introduced to mitigate revenue leakage including the development of the National Anti Corruption Strategy NACS NACS is developed with five cardinal pillars identified on prevention public engagement ethical reorientation enforcement and sanctions and recovery and management of stolen assets proceeds of crime The strategy aims to provide a national roadmap in the fight against corruption he said In addition he said that Nigeria had maintained its commitment to the social reuse of recovered assets as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups more vulnerable school meals and micro credit financing diets NAA NAN
    Nigeria mobilizes global community to fight corruption
      Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows Mr Abdulrasheed Bawa Executive Chairman of the Economic and Financial Crimes Commission EFCC made the appeal at UN Headquarters during Nigeria s statement at the Special Session on Corruption The three day special session of the United Nations General Assembly on corruption focuses on Challenges measures to prevent and combat corruption and strengthen international cooperation He spoke of the need for a multidimensional approach to tackle illicit financial flows as recommended by the report of the High Level Panel on International Financial Accountability Transparency and Integrity for the Achievement of Agenda 2030 Panel FACTI Bawa said the report FACTI Group paved the way for financial integrity for sustainable development clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize confiscate and repatriate the proceeds of corruption where appropriate in order to strengthen international cooperation for the recovery and timely return of assets EFCC President Abdulrasheed Bawa at the UN General Assembly Special Session on Corruption in New York Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption We remain committed in our efforts to track investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin said the EFCC President He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration in particular on asset recovery and restitution to support development finance as well as the implementation of the 2030 agenda for sustainable development The EFCC boss told the international rally that Nigeria under the leadership of President Muhammadu Buhari has made the fight against corruption one of the administration s cardinal goals He said civil society organizations CSOs non governmental organizations NGOs and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard The EFFC president explained that a whistleblower case led to the recovery of 43 million EFCC President Abdulrasheed Bawa in the United Nations General Assembly Hall in New York Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds This has led to the recovery and repatriation of stolen funds including the recent return of 4 2million by the UK government which was stolen from Nigeria by a former governor In addition Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti Money Laundering Control Unit to deter the theft of public funds Policies have been introduced to mitigate revenue leakage including the development of the National Anti Corruption Strategy NACS NACS is developed with five cardinal pillars identified on prevention public engagement ethical reorientation enforcement and sanctions and recovery and management of stolen assets proceeds of crime The strategy aims to provide a national roadmap in the fight against corruption he said In addition he said that Nigeria had maintained its commitment to the social reuse of recovered assets as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups more vulnerable school meals and micro credit financing diets NAA NAN
    Nigeria mobilizes global community to fight corruption
    Foreign2 years ago

    Nigeria mobilizes global community to fight corruption

    Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows.

    Mr. Abdulrasheed Bawa, Executive Chairman of the Economic and Financial Crimes Commission (EFCC) made the appeal at UN Headquarters during Nigeria's statement at the Special Session on Corruption.

    The three-day special session of the United Nations General Assembly on corruption focuses on “Challenges, measures to prevent and combat corruption and strengthen international cooperation”.

    He spoke of the need for a multidimensional approach to tackle illicit financial flows, as recommended by the report of the High Level Panel on International Financial Accountability, Transparency and Integrity for the Achievement of Agenda 2030 (Panel FACTI).

    Bawa said the report (FACTI Group) paved the way for financial integrity for sustainable development, clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs.

    Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize, confiscate and repatriate the proceeds of corruption, where appropriate, in order to strengthen international cooperation for the recovery and timely return of assets.

    EFCC President Abdulrasheed Bawa at the UN General Assembly Special Session on Corruption in New York.

    “Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption.

    “We remain committed in our efforts to track, investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin,” said the EFCC President.

    He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration, in particular on asset recovery and restitution, to support development finance as well as the implementation of the 2030 agenda for sustainable development.

    The EFCC boss told the international rally that Nigeria, under the leadership of President Muhammadu Buhari, has made the fight against corruption one of the administration's cardinal goals.

    He said civil society organizations (CSOs), non-governmental organizations (NGOs) and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard.

    The EFFC president explained that “a whistleblower case led to the recovery of $ 43 million.

    EFCC President Abdulrasheed Bawa in the United Nations General Assembly Hall in New York.

    “Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets.

    “We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds.

    "This has led to the recovery and repatriation of stolen funds, including the recent return of £ 4.2million by the UK government which was stolen from Nigeria by a former governor."

    In addition, Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti-Money Laundering Control Unit to deter the theft of public funds.

    “Policies have been introduced to mitigate revenue leakage, including the development of the National Anti-Corruption Strategy (NACS).

    “NACS is developed with five cardinal pillars identified on prevention, public engagement, ethical reorientation, enforcement and sanctions, and recovery and management of stolen assets / proceeds of crime.

    “The strategy aims to provide a national roadmap in the fight against corruption,” he said.

    In addition, he said that Nigeria had maintained its commitment to the social reuse of recovered assets, as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups. more vulnerable, school meals and micro-credit financing. diets. (NAA)

    (NAN)

  •   By Cecilia Ologunagba Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows Mr Abdulrasheed Bawa Executive Chairman of the Economic and Financial Crimes Commission EFCC made the appeal at UN Headquarters during Nigeria s statement at the Special Session on Corruption The three day special session of the United Nations General Assembly on corruption focuses on Challenges measures to prevent and combat corruption and strengthen international cooperation He spoke of the need for a multidimensional approach to tackle illicit financial flows as recommended by the report of the High Level Panel on International Financial Accountability Transparency and Integrity for the Achievement of Agenda 2030 Panel FACTI Bawa said the report FACTI Group paved the way for financial integrity for sustainable development clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize confiscate and repatriate the proceeds of corruption where appropriate in order to strengthen international cooperation for the recovery and timely return of assets Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption We remain committed in our efforts to track investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin said the EFCC President He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration in particular on asset recovery and restitution to support development finance as well as the implementation of the 2030 agenda for sustainable development The EFCC boss told the international rally that Nigeria under the leadership of President Muhammadu Buhari has made the fight against corruption one of the administration s cardinal goals He said civil society organizations CSOs non governmental organizations NGOs and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard The EFFC president explained that a whistleblower case led to the recovery of 43 million Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds This has led to the recovery and repatriation of stolen funds including the recent return of 4 2million by the UK government which was stolen from Nigeria by a former governor In addition Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti Money Laundering Control Unit to deter the theft of public funds Policies have been introduced to mitigate revenue leakage including the development of the National Anti Corruption Strategy NACS NACS is developed with five cardinal pillars identified on prevention public engagement ethical reorientation enforcement and sanctions and recovery and management of stolen assets proceeds of crime The strategy aims to provide a national roadmap in the fight against corruption he said In addition he said that Nigeria had maintained its commitment to the social reuse of recovered assets as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups more vulnerable school meals and micro credit financing diets NAA NAN
    Nigeria mobilizes global community to fight corruption
      By Cecilia Ologunagba Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows Mr Abdulrasheed Bawa Executive Chairman of the Economic and Financial Crimes Commission EFCC made the appeal at UN Headquarters during Nigeria s statement at the Special Session on Corruption The three day special session of the United Nations General Assembly on corruption focuses on Challenges measures to prevent and combat corruption and strengthen international cooperation He spoke of the need for a multidimensional approach to tackle illicit financial flows as recommended by the report of the High Level Panel on International Financial Accountability Transparency and Integrity for the Achievement of Agenda 2030 Panel FACTI Bawa said the report FACTI Group paved the way for financial integrity for sustainable development clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize confiscate and repatriate the proceeds of corruption where appropriate in order to strengthen international cooperation for the recovery and timely return of assets Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption We remain committed in our efforts to track investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin said the EFCC President He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration in particular on asset recovery and restitution to support development finance as well as the implementation of the 2030 agenda for sustainable development The EFCC boss told the international rally that Nigeria under the leadership of President Muhammadu Buhari has made the fight against corruption one of the administration s cardinal goals He said civil society organizations CSOs non governmental organizations NGOs and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard The EFFC president explained that a whistleblower case led to the recovery of 43 million Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds This has led to the recovery and repatriation of stolen funds including the recent return of 4 2million by the UK government which was stolen from Nigeria by a former governor In addition Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti Money Laundering Control Unit to deter the theft of public funds Policies have been introduced to mitigate revenue leakage including the development of the National Anti Corruption Strategy NACS NACS is developed with five cardinal pillars identified on prevention public engagement ethical reorientation enforcement and sanctions and recovery and management of stolen assets proceeds of crime The strategy aims to provide a national roadmap in the fight against corruption he said In addition he said that Nigeria had maintained its commitment to the social reuse of recovered assets as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups more vulnerable school meals and micro credit financing diets NAA NAN
    Nigeria mobilizes global community to fight corruption
    General news2 years ago

    Nigeria mobilizes global community to fight corruption

    By Cecilia Ologunagba

    Nigeria on Thursday in New York called on the global community to take action to prevent and combat corruption as well as strengthen international cooperation against illicit financial flows.

    Mr. Abdulrasheed Bawa, Executive Chairman of the Economic and Financial Crimes Commission (EFCC) made the appeal at UN Headquarters during Nigeria's statement at the Special Session on Corruption.

    The three-day special session of the United Nations General Assembly on corruption focuses on “Challenges, measures to prevent and combat corruption and strengthen international cooperation”.

    He spoke of the need for a multidimensional approach to tackle illicit financial flows, as recommended by the report of the High Level Panel on International Financial Accountability, Transparency and Integrity for the Achievement of Agenda 2030 (Panel FACTI).

    Bawa said the report (FACTI Group) paved the way for financial integrity for sustainable development, clearly showing how to redirect resources lost due to illicit flows to finance the implementation of Agenda 2030 and the achievement of of the SDGs.

    Nigeria further calls for the simplification of evidentiary requirements and other mutual legal assistance procedures to seize, confiscate and repatriate the proceeds of corruption, where appropriate, in order to strengthen international cooperation for the recovery and timely return of assets.

    “Let me reiterate that the fight against illicit financial flows is urgent and important in our collective efforts to fight corruption.

    “We remain committed in our efforts to track, investigate and prosecute corrupt individuals and entities and repatriate these funds and assets to their countries of origin,” said the EFCC President.

    He said Nigeria looked forward to the full implementation of all the commitments expressed in the Political Declaration, in particular on asset recovery and restitution, to support development finance as well as the implementation of the 2030 agenda for sustainable development.

    The EFCC boss told the international rally that Nigeria, under the leadership of President Muhammadu Buhari, has made the fight against corruption one of the administration's cardinal goals.

    He said civil society organizations (CSOs), non-governmental organizations (NGOs) and whistleblowers have been encouraged to join the fight against corruption and contribute their quota in this regard.

    The EFFC president explained that “a whistleblower case led to the recovery of $ 43 million.

    “Public corruption is denounced day by day and several politically exposed persons have been and are being prosecuted and dispossessed of their illicit assets.

    “We have engaged with international law enforcement agencies around the world and some of the collaboration has led to the recovery and repatriation of the stolen funds.

    "This has led to the recovery and repatriation of stolen funds, including the recent return of £ 4.2million by the UK government which was stolen from Nigeria by a former governor."

    In addition, Bawa said procurement processes had been strengthened and the activities of the guards were monitored by the Special Anti-Money Laundering Control Unit to deter the theft of public funds.

    “Policies have been introduced to mitigate revenue leakage, including the development of the National Anti-Corruption Strategy (NACS).

    “NACS is developed with five cardinal pillars identified on prevention, public engagement, ethical reorientation, enforcement and sanctions, and recovery and management of stolen assets / proceeds of crime.

    “The strategy aims to provide a national roadmap in the fight against corruption,” he said.

    In addition, he said that Nigeria had maintained its commitment to the social reuse of recovered assets, as evidenced by the financing of major road infrastructure projects and other social initiatives consisting of cash transfers to the lesser groups. more vulnerable, school meals and micro-credit financing. diets. (NAA)

    (NAN)

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