The Buhari led administration is not relenting in ensuring transparency across every sector of the economy. Just a few months back, officers in the Nigerian Armed Forces were made to fill an Asset Declaration Form which is to serve as a close check on officers before, during and after their service in the Force.
The Banks are however not left out in this as the Apex Bank, CBN has recently brought to the attention of all Banks the need to fully comply with the requirements of the Bank Employees etc. (Declaration of Assets) Act, 1986 CAP B1, Laws of the Federation of Nigeria 2004 following the disregard of same over the past years.
The Act mandates every employee of the Bank to submit a duly executed Asset Declaration form to the appropriate Authority-ideally, Secretary to the Government of the Federation or any person designated by instrument published in the Federal Gazette (Code of Conduct Bureau).