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ICPC “Thumbs Up” NSITF Anti-Corruption Campaigns
The Independent Corrupt Practices and Related Offences Commission (ICPC) has commended the management of the Nigeria Social Insurance Trust Fund (NSITF) for supporting the Fund’s Anti- Corruption and Transparent Unit(ACTU) and urged it “to identify lapses in operational system , check unethical practices and sensitize members of staff against corruption.”
The Chairman of the ICPC, Musa Adamu Aliyu, gave the commendation during launch of NSITF’s ACTU sensitization campaign at the Scorpion Officers Mess, Wu Bassey Barracks, Asokoro, Abuja, on Tuesday.
The ICPC Chairman, who was represented by an officer of the agency, Olusegun Adigun, stated that the ICPC provides a three-pronged approach in fighting corruption. He said, “Our three-pronged approach includes enforcement, prevention and education and public enlightenment.
In giving effect to its preventive mandate, the ICP established the Ant-Corruption and Transparency Unit to serve as an internal regulatory mechanism, to identify lapses in operational systems, check unethical practices, sensitize members of staff against corruption and assist management in building transparent and ethical workforce.
“This sensitization programme again provides the opportunity for management and staff to understand their role in building ethical institutions as well as key into preventive mechanism in tackling the menace of corruption in public service.
“ I therefore encourage the ACTU NSITF to continue to work in collaboration with the management and staff to promote an ethical agency.”
In his address at the event, the Managing Director of the NSITF, Oluwaseun Faleye applauded the ICPC for its collaboration with the Fund, adding that the anti-corruption campaign was a pivotal step towards reinforcing collective resolve to uphold integrity and transparency.
“ The objective is to educate staff and stakeholders on corruption prevention measures, to promote integrity and accountability within the NSITF while our focus areas include transparency in operations, ethical leadership and decision making and collaborating with ICPC to strengthen anti-corruption mechanisms.”
Faleye, who noted that corruption undermines public trust, stunts the growth of organizations and diminishes service delivery, said the NSITF will leave no stone unturned in maintaining transparency standards in all its operations.
Expressing pleasure over the awareness of corruption risks in the agency, he said the Fund will strengthen commitment to accountability through periodic reviews. Speaking further on corruption prevention , he stated that his organization was working on the digitization of its core processes to minimize lapses associated with manual operations.
“ We will also ensure a robust monitoring framework and strengthen whistleblowing mechanism in the Fund,” he concludes.
In her welcome address, the NSITF’s head of ACTU, Oamen Josephine, explained the role of the unit and dismissed scepticisms about its operations.
She said the ant-corruption campaign, though led by her unit, was collective and urged all hands to be on deck.
Also at the event was the Executive Director, Operations, Hon. Mojisolaoluwa Ali-Macaulay and the management staff of the headquarters and Abuja Region while other staff members across the nation joined via Zoom.
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Dangote Refinery IPO: SEC Warns Investors, ‘Don’t Pay Into Wrong Hands’
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
• Aliko Dangote , flanks by her daughters and capital market regulators, during the gong opening ceremony on the NGX, Monday September 14,2026
The Securities and Exchange Commission (SEC) has warned prospective investors in the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) against fraudsters and unauthorised platforms seeking to divert subscription funds.
The warning came as the refinery’s was quoted on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026, marking a major milestone in the company’s planned public offer.
With strong public interest expected around one of Nigeria’s largest capital-market offerings, the SEC urged investors to deal only with officially designated and approved receiving agents, subscription channels and platforms.
“The public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms,” the Commission said.
The regulator’s alert highlights growing concerns over the possibility of fake investment websites, cloned platforms, fraudulent payment channels and individuals posing as authorised agents to exploit the huge interest generated by the Dangote Refinery offer.
The SEC therefore advised prospective investors to obtain information about the IPO only through the Commission’s official channels, the issuer’s official channels and other channels specifically established and approved for the offer.
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
News
Bamanga Tukur, former Adamawa gov, ex-PDP Chair dies at 90
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
BAMANGA Tukur, former National Chairman of the Peoples Democratic Party, PDP, and former governor of Gongola (now Adamawa)State, is dead, aged 90.
Family’s sources confirmed his death on Saturday, although details surrounding his passing were not immediately made public.
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
Born on September 15, 1935, he began his public service career at the Nigerian Ports Authority, NPA, where he served as General Manager from 1975 to 1982.
He moved into elective politics and won the Gongola State governorship election in 1983, but his tenure was cut short by the military coup in December of the same year.After leaving office, Tukur turned to business and founded BHI Holdings, popularly known as the DADDO Group of Companies.
He later returned to government as Minister of Industries between 1993 and 1995 under the military administration of General Sani Abacha.Tukur also played prominent roles in African business and economic affairs, serving as Executive President of the African Business Roundtable and Chairman of the NEPAD Business Group.
He held advisory positions with several international trade organisations.
In March 2012, he returned to partisan politics when he was elected National Chairman of the PDP with the backing of then-President Goodluck Jonathan.
His tenure, however, was overshadowed by prolonged internal disagreements within the party, culminating in his resignation as national chairman in January 2014.
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Albert Horsfall, Ex-SSS Director-General dies
“Details of funeral arrangements and other related activities will be communicated in due course.”
A former Director-General of the State Security Service and pioneer Director-General of the National Intelligence Agency, Albert Horsfall, has passed on.
Horsfall’s death was announced in a statement released on Friday, signed by his son, Donald Horsfall, and obtained by our correspondent.
According to the statement, the transition of the elder statesman and great son of Rivers State occurred peacefully, describing him as a “beloved patriarch.”
While the family mourns his death, the statement said they would be comforted by the extraordinary life he lived and the indelible mark he left on the sands of time.
“Details of funeral arrangements and other related activities will be communicated in due course,” it added.
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