back to top

ICPC Chairman Calls for Global Corporate Integrity

ICPC Chairman Calls for Global Corporate Integrity

Date:

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, has called on global business leaders to embrace corporate integrity as a vital investment in sustainable growth and long-term success.

Dr. Aliyu made this call while speaking at the World Anti-Corruption Conference (WACC) 2025, held at Rhodes House, Oxford, United Kingdom.

In his paper titled “Corporate Integrity in a Global Marketplace: Compliance, Challenges and Strategies – The Nigerian Experience”, Aliyu observed that in today’s interconnected global economy, businesses are no longer constrained by borders.

Dr. Aliyu noted that while globalisation has expanded opportunities for innovation and trade, it has also exposed companies to significant risks, particularly in navigating complex legal systems and corruption pressures across jurisdictions.

“Fighting corruption is not just about having laws; it is about building a culture of honesty. When leaders act with integrity, the rest of the organisation will follow. Integrity must be demonstrated from the top and reinforced by systems that reward ethical behaviour.” Dr. Aliyu stated.

Drawing lessons from Nigeria’s experience, the ICPC Chairman outlined key challenges confronting businesses, including differing international legal standards, pressure to pay facilitation fees, and weak internal oversight mechanisms. He emphasised that strong leadership, effective compliance frameworks, and board-level accountability are essential to addressing these challenges.

Dr. Aliyu also highlighted the importance of whistleblower protection, regular ethics training, and integrating ethical performance into staff appraisals.

He urged small and medium-sized enterprises (SMEs) to view integrity not as a burden but as a foundation for trust, competitiveness, and sustainable growth.

“A company that conducts its business honestly earns public respect, attracts investors, and becomes more resilient,” he said. “Integrity is not a cost, it is an investment.”, the ICPC Chairman stressed.

According to him, the ICPC continues to strengthen enforcement and preventive measures through prosecution of offenders, system reviews, and public education initiatives that promote transparency in governance and corporate conduct.

He reaffirmed the Commission’s readiness to collaborate with international partners, regulators, and the private sector to promote ethical business practices across borders.

“We are building a future where honesty is the norm in business, not the exception. This requires strong leadership, collaboration, and consistency,” he concluded.

The World Anti-Corruption Conference 2025, themed “United for Integrity: Innovation, Collaboration, and Accountability in the Fight Against Corruption,” brought together global leaders, policymakers, and industry experts from both developed and emerging markets to explore strategies for strengthening integrity in international business.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Otti Seeks Private Sector Investment to Drive Abia’s Economic Growth

Gov. Alex Otti of Abia State says his administration...

Afreximbank Raises Caribbean Community (CARICOM) Financing Cap to $5 Billion to Accelerate Regional Transformation

Dr. Elombi reaffirmed Afreximbank's commitment to the development of...

Binance Reinforces Industry-Leading Compliance Commitment to Foster a Safer Crypto Ecosystem

Global crypto leader Binance continues to set the standard...

Jigawa Govt. Approves N1.6bn For Dry Season Agriculture Programme

The Jigawa Executive Council has approved N1.6 billion for...