NDIC Board Commended for Consistent Remittance to Consolidated Revenue Fund

The Nigeria Deposit Insurance Corporation (NDIC), has been commended for her consistent remittance to the Consolidated Revenue Fund, (CRF) which will no doubt, boost the revenue profile of the nation.

The Minister of Finance, Budget and National planning, Mrs (Dr) Zainab Shamsuna Ahmed, gave the commendation while receiving in audience the Chairman of the Board, Nigeria Deposit Insurance Corporation (NDIC), Ronke Sokefun, who was on a courtesy visit with the members of the board in her Abuja office.

Dr Ahmed also praised the Board for working harmoniously with the Management of the corporation stressing that “it is on record that NDIC has been performing well and had a lot of respect in the banking industry”.

She further thanked the Board Chairman for initiating positive policy direction for the Corporation and noted that such had become even more critical due to the dynamics occasioned by COVID-19 and called on the Corporation to be more prudent in the management of her resources while guarding her corporate image and brand.

The Minister called on the Corporation to sensitize the citizenry on her critical roles in the financial ecosystem stating that this was critical to assuring the banking populace on the corporation’s strategic role in safeguarding bank customers’ deposits.
In his remarks, the Permanent Secretary of the Ministry, Aliyu Ahmed, while commending the Chairman of the Board and Managing Director for their purposeful leadership, charged them to strive towards the highest corporate governance.
This, the Permanent Secretary noted, was critical as anything to the contrary could send a wrong signal to the outside world.
Earlier, the Chairman of the Board, Ronke Sokefun said the board was at the Ministry to acknowledge the Honourable Minister’s support to the corporation.