The Nigeria Deposit Insurance Commission (NDIC) has stopped the employment of staff members with family relatives in the Corporation. NDIC, which stated this in a circular, issued to staff members yesterday, said this has become necessary to promote transparency and guide against conflict of interest.
The circular dated May 21, 2025, reads: “This is to remind all staff that the Board of Directors at its 117th meeting held on Tuesday 1st, Wednesday 2nd, Thursday 3rd and Friday 4th, March, 2022 directed that the Corporation maintains a strict policy prohibiting the employment of staff with family relatives in the Corporation. This included parent/child, spouses and co-parenting.
“In line with the existing practice, if a parent and child or couples are co-employees, one of them should be advised to resign.
“This policy aims to avoid any potential conflict of interest, promote transparency and maintain a fair and unbiased work environment.
“All staff are required to disclose any existing family relationships within the organisation to the Human Resources Department immediately.
“Management appreciates staff understanding and cooperation in upholding the values of the Corporation and is committed to maintaining a transparent, healthy and professional work environment.”
