The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) has assured Nigerians that its 2025 Asset Disposal Exercise will be conducted with full transparency, integrity, and accountability.
The assurance came from ICPC Chairman Dr. Musa Adamu Aliyu during an address to auctioneers at the official bid opening ceremony at the Commission’s Abuja headquarters on Thursday.
Represented by Mr. Olusegun Adigun, Director of the Systems Study and Review Department, Dr. Aliyu emphasised that all submissions from auctioneers would be evaluated strictly on merit, without bias or favoritism.
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He added that the Commission’s credibility relies on upholding these principles and reaffirmed that all recovered assets would be properly managed and channelled toward national development. “Every kobo recovered on behalf of Nigerians will be transparently utilized for national growth,” he said.
Mrs. Grace Aga-Ibe, Director of the Proceeds of Crimes Department, echoed the commitment to integrity and fairness, while Mr. Umar Yakubu, Executive Director of the Center for Fiscal Transparency and Public Integrity, praised the ICPC for aligning its process with the United Nations Convention Against Corruption (UNCAC).
Auctioneers present applauded the Commission for its openness, and representatives from the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ) also attended. Only auctioneers meeting the stipulated requirements will advance to the next stage of the exercise.
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The announcement follows the Commission’s public disclosure of its 2024 Asset Disposal outcomes in October, reinforcing ICPC’s continued commitment to transparency and accountability.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
