By Nkechi Eze
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reiterated its commitment to transparency, accountability, and strict adherence to due process in the conduct of its 2025 Asset Disposal Exercise.
In an official statement signed by the Director of Public Enlightenment and Education, Demola Bakare, the Commission disclosed that Chairman Dr. Musa Adamu Aliyu made the declaration during his address to auctioneers at the official bid opening ceremony held on Thursday at the ICPC Headquarters in Abuja. Dr. Aliyu, who was represented by the Director of the Systems Study and Review Department, Mr. Olusegun Adigun, stressed that the entire disposal process would be guided by transparency, integrity, and merit, noting that the Commission’s institutional credibility hinges on how faithfully it applies these principles.
He assured that the Commission remains resolute in ensuring that all recovered assets serve the collective interest of the nation. “As an institution, the ICPC remains resolute in ensuring that every kobo recovered on behalf of the Nigerian people is properly managed, transparently utilized, and ultimately channeled toward national development,” he said. Dr. Aliyu added that all submissions from participating auctioneers would be evaluated strictly on merit, in line with established criteria and without any form of favoritism.
Echoing the Chairman’s position, the Director of the Proceeds of Crimes Department, Mrs. Grace Aga-Ibe, reaffirmed the Commission’s unwavering dedication to ensuring that every stage of the exercise reflects fairness, integrity, and professionalism.
The Executive Director of the Center for Fiscal Transparency and Public Integrity (CeFTPI), Mr. Umar Yakubu, also commended the Commission for conducting what he described as a transparent and credible process consistent with the standards of the United Nations Convention Against Corruption (UNCAC). Other auctioneers at the event equally applauded the ICPC for its openness, professionalism, and insistence on due process, as they were informed that only those who met the stipulated requirements would proceed to the next phase of the exercise.
The bid opening event was attended by representatives of the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ), further underscoring the Commission’s resolve to maintain public trust through oversight and openness.
It will be recalled that in October, the ICPC publicly released the recovery outcomes from its 2024 Asset Disposal Exercise, continuing its tradition of transparency in the management of recovered public assets.
