DBN, BOI, PENCOM Emerge As Top Three Organisations In 2022 Integrity Ranking

The Development Bank of Nigeria (DBN), Bank of Industry (BOI)  and National Pension Commission (PENCOM) have been ranked as the top three organisations in the 2022 Transparency and Integrity Index ranking for Ministries, Departments and Agencies (MDAs).

According to the News Agency of Nigeria (NAN), the DBN came top of the ranking with 58.74 points, while BOI and PENCOM scored 48.33 each, to finish second and third respectively.

The Centre for Fiscal Transparency and Integrity Watch (CeFTIW), supported by MacArthur Foundation carried out the ranking and accessed 511 MDAs across six broad variables.

Umar Yakubu, the Executive Director of CeFTIW, disclosed that the aim of the ranking is to prevent at preventing corruption in public office as it is centred on procurement, budget, human resources, inclusion and website integrity.

“We used this to check the level of transparency with regards to public finances, especially in procurement, how the MDAs spend their money, generate taxes, recruit people; it also assesses them generally on efficiency.

“It is on this assessment that we brought out the ranking of 511 institutions which you saw where some did well and some did not do well.

“We want MDAs to do well. We hope they will engage Nigerians more on their websites, and it is a way of preventing corruption,” he said.