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NDIC bags platinum level award for outstanding performance in corporate governance

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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.
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NDIC bags platinum level award for outstanding performance in corporate governance

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), Boss Mustapha, congratulated the Board, Management and Staff of the NDIC for the courage and commitment during the exercise.

Boss Mustapha, who was represented by the Special Adviser to the President on Policy and Coordination, Dr. Habiba Lawal, noted 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.

Zainab Ahmed, Minister of Finance, Budget and National Planning, who was represented by Mr. Stephen Okon, the Director, Home Finance, 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.

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.

On his part, Mr Hello Hassan, Managing Director NDIC, said since the assessment from the BPSR, the Corporation 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.

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Court Sacks APC Governorship Candidate In Bayelsa

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Timipre Sylva
Timipre Sylva
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The Federal High Court, Abuja, has disqualified the All Progressives Congress (APC) Governorship candidate, Chief Timipre Sylva, from contesting the November 11 Guber election in Bayelsa state.

The suit number FHC/ABJ/CS/821/2023 was filed on June 13, 2023, by Deme Kolomo, a member of the APC.

Justice Donatus Okorowo ruled that Sylva, having been sworn in twice and ruled for five years as governor of the state, would breach the 1999 constitution as amended if allowed to contest again.

The judge also declared that Sylva was not qualified to run in the November poll because if he wins and is sworn in, he would spend more than eight years in office as governor

Citing the case of Marwa vs Nyako at the Supreme Court, Okorowo noted that the drafters of the country’s constitution stated that nobody should be voted for as governor more than two times and that the parties to the suit agreed that Sylva was voted into office two times.

He further stated that the Supreme Court ruled in the case of Marwa vs Nyako that nobody can expand the constitution or its scope, stressing that if Sylva was allowed to contest the next election, a person could compete as many times as he wanted.

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Senate stops El-Rufai, 2 Others Confirms Wike, Keyamo, Oyetola, Others As Ministers 

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Cross Section of Ministerial Designates
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The Senate has put the confirmation of former Governor of Kaduna State, Nasir El-Rufai on hold and confirmed 45 ministerial nominees presented to it for screening and confirmation by President Bola Tinubu.

Two others affected are Stella Okotete (Delta State), and Abubakar Danladi (Taraba State). The Senate said the trio were still undergoing security clearance.

The Senate had spent a week in screening all the ministerial nominees presented to it by the president.

Those confirmed are:

Abubakar Kyari (Borno)

Abubakar Momoh (Edo)

Nyesom Wike – Rivers

Engr Joseph Utserv (Benue)

Senator John Owan Enoh (Cross River)

Hon Bello Mohammad (Sokoto)

Mohammed Badaru Abubakar (Jigawa)

Amb. Yusuf Maitama Tuggar (Bauchi)

Uju Kennedy Ohaneye (Anambra)

Hon. Olubunmi Tunji-Ojo (Ondo)

Nkieruka Onyejeocha (Abia)

Dr Betta Edu (Cross River State)

imaan Sulieman Ibrahim (Nasarawa)

David Umahi (Ebonyi)

Adebayo Olawale Edun (Ogun)

Arch. Ahmed Musa Dangiwa (Katsina)

Chief Uche Geoffrey Nnaji (Enugu)

Mr Dele Alake (Ekiti)

Waheed Adebayo Adelabu (Oyo)

Mohammed Idris (Niger)

Prof Ali Pate (Bauchi)

Dr Doris Anite Uzoka (Imo)

Lateef Fabemi SAN (Kwara)

Rt Hon Ekperikpe Ekpo (Akwa Ibom)

Hannatu Musawa (Katsina)

Ibrahim Geidam (Yobe)

Aliyu Sabi Abdullahi (Niger)

Hieneken Lokpobiri (Bayelsa)

Alkali Ahmed Saidu (Gombe)

Dr Tanko Sununu (Kebbi)

Atiku Bagudu (Kebbi)

Bello Matawalle (Zamfara)

Adegboyega Oyetola (Osun)

Simon Bako Lalong (Plateau)

Abdullahi Tijani Muhammad Gwarzo (Kano)

Bosun Tijani (Ogun)

Dr Mariya Mahmoud Bunkure (Kano)

Dr Iziaq Salako (Ogun)

Dr Tunji Alausa (Lagos)

Lola Ade-John (Lagos)

Prof Tahir Mamman SAN (Adamawa)

Zephaniah Jisalo (FCT)

Uba Maigari Ahmadu (Taraba)

Prince Shuaibu Abubakar Audu (Kogi)

Festus Keyamo SAN (Delta)

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INFLATION: Strike Action Imminent in Nigeria Office of ICRC Over Poor Staff Remuneration.

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There are indications that workers of International Committee of Red Cross (ICRC) will down tools for the first time since coming to Nigeria over the recent increase in the price of Premium Motor Spirit (PMS) which has brought inflation and economic hardship to medium income earners in Nigeria and neighboring countries. The Authority Newspapers Reports.

This is as Nigeria’s current cost of living is on the increase and the failure of the management of ICRC Nigeria to address the situation.

Findings showed that the trouble started earlier this year, when the organization announced a global funding gap that led to the downsizing of its operations.

Investigation revealed that the situation resulted in a significant reduction of staff and the scaling back of ICRC’s operations.

In March, the Nigeria management made a controversial decision to suddenly remove the Cost of Living Allowance, intended to help the staff cope with the country’s soaring inflation.

“Shockingly, the allowance was canceled for Nigerian staff but was retained for expatriate employees” a source in the intervention agency hinted.

The source who does not want her name mentioned said the situation ignited outraged by the Nigerian staff, which voiced their concerns, eventually leading to the restoration of the allowance. But the divide between expatriate and Nigerian salaries remained a significant point of contention.

According to the source, “Recently, following the unification of the exchange rate and removal of fuel subsidies, Nigerian staff raised a compelling argument. They pointed out that the value of their salaries’ had eroded significantly (up to -76%), while expatriate counterparts enjoyed a substantial increase (+76%) when converted to the local currency.

“To break this down further, the ICRC mission in Nigeria receives the funds for its operations in CHF (Swiss Francs). Expat staff in Nigeria are paid in CHF but the Nigerian staff are paid in NGN. CHF used to convert to Naira at 1CHF to 509NGN as of June 1, 2023. As of Tuesday 25 July 2023, 1CHF exchanged for 913NGN.

“What this means for ICRC’s expatriate staff in Nigeria who get their salaries in CHF is that the value of their salaries in NGN has almost doubled.

“The value of the salaries of the Nigerian staff has been halved because their salaries are pegged at the numerical value of the NGN, independent of the exchange rate. This also means that as of today, when the salaries for Nigerian staff are converted to Naira, the ICRC is making a significant savings on their salaries.

“How are staff of a global humanitarian organisation expected to selflessly carry out their duties if they can barely pay their bills?”

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