The Nigeria Deposit Insurance Corporation (NDIC) has formally prohibited the employment of staff members with family relatives within the organisation.
The decision, aimed at strengthening transparency and eliminating potential conflicts of interest, was communicated through an internal circular issued to staff on May 21, 2025.
The directive, which reaffirms a policy adopted during the Board of Directors’ 117th meeting in March 2022, specifies that the ban applies to all familial relationships, including parent-child, spousal, and co-parenting arrangements.
The circular, issued to all staff, states:
“This is to remind all staff that the Board of Directors at its 117th meeting held on Tuesday, 1st, to 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.”
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The policy, according to the NDIC, extends to existing familial relationships within the Corporation. It further directs that where such relationships already exist, steps must be taken to resolve them.
“In line with the existing practice, if a parent and child or couples are co-employees, one of them should be advised to resign,” the circular stated.
The NDIC emphasized that the move is necessary to foster a fair and unbiased workplace. All employees have been instructed to immediately disclose any existing family relationships within the Corporation to the Human Resources Department.
The Corporation underscored the importance of the directive, highlighting its core objective:
“This policy aims to avoid any potential conflict of interest, promote transparency and maintain a fair and unbiased work environment.”
As part of the enforcement strategy, NDIC management has called on all staff to report any applicable relationships:
“All staff are required to disclose any existing family relationships within the organisation to the Human Resources Department immediately.”
Concluding the directive, the management acknowledged the potential impact of the policy and expressed gratitude to employees:
“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.”
The policy reinforces NDIC’s stance on maintaining integrity and accountability within its operations. It also aligns with wider institutional reforms aimed at restoring trust in Nigeria’s public service sector.