The Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA), Mr. Oyetunde Ojo, has received an Award of Excellence from the Anti-Corruption Academy of Nigeria (ACAN) in recognition of his efforts to strengthen transparency, accountability, and ethical governance within the authority. The award was presented in Abuja during a ceremony organised by the academy.

Presenting the award, the Provost of ACAN, Prof. Sheriff Ibrahim, said the recognition reflects Ojo’s commitment to promoting integrity and strengthening collaboration between the FHA, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and ACAN. He noted that the partnership is aimed at reducing corrupt practices and improving governance within the housing agency.

Responding to the honour, Ojo described the award as a recognition of the collective efforts of FHA staff rather than a personal achievement. He said the authority has introduced several institutional reforms designed to improve transparency, rebuild public confidence, and reduce opportunities for corruption in its operations.

According to the FHA Managing Director, one of the key reforms has been the digitalisation of the authority’s operations. He explained that automating critical processes has helped tackle challenges such as multiple allocations, document forgery, and other administrative irregularities that previously affected service delivery. The authority has also strengthened its procurement procedures by adopting stricter open-tendering processes supported by digital documentation.

Ojo added that the FHA intends to expand the use of automation and electronic platforms across its operations to reduce human discretion, improve traceability, and enhance institutional accountability. He noted that these reforms have contributed to a measurable decline in corruption-related allegations involving the authority while improving operational efficiency.

Also speaking at the event, the FHA’s General Manager for SERVICOM and Anti-Corruption Unit, Mrs. Ebere Alalib, said the award reflects the authority’s growing commitment to good governance and ethical leadership. She encouraged staff members to sustain the culture of professionalism, honesty, and accountability in carrying out their responsibilities.

Governance experts say digital transformation, transparent procurement systems, and stronger institutional oversight are becoming increasingly important in improving accountability across public sector organisations. They note that reforms aimed at reducing corruption can enhance investor confidence, improve service delivery, and strengthen public trust in government institutions.

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The Managing Director and Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Ume Takang, has said Nigeria’s democratic journey has played a significant role in driving infrastructure development, strengthening public institutions and supporting economic growth.

Speaking during activities marking Democracy Day 2026, Takang noted that democratic governance has provided the enabling environment for reforms aimed at improving institutional capacity and unlocking value from government-owned assets.

According to him, democracy remains a critical foundation for sustainable development and economic transformation.

“Democracy provides the foundation for institutional growth and economic progress. The ongoing reforms within the public sector, particularly the effort to unlock value from government-owned assets, demonstrate long-term vision and a commitment to national development,” he said.

Takang explained that one of the major achievements of the current reform agenda is the transformation of the Ministry of Finance Incorporated into a strategic asset management institution focused on preserving, growing and optimising the value of the Federal Government’s commercial assets.

He noted that MOFI has evolved from a passive holder of government investments into an active portfolio management institution tasked with enhancing the performance and value of public assets.

The MOFI boss said the reforms are designed to ensure that government-owned enterprises and investments contribute more effectively to national revenue generation, economic growth and infrastructure development.

He added that strengthening asset management practices would help improve transparency, accountability and efficiency in the management of public resources while creating long-term value for Nigerians.

According to him, the repositioning of MOFI aligns with broader government efforts to implement economic reforms, attract investments and maximise returns from public sector assets.

Takang reaffirmed the agency’s commitment to supporting national development through strategic asset management and sustainable value creation across the Federal Government’s investment portfolio.

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