The Managing Director of the Federal Housing Authority (FHA), Hon. Oyetunde Ojo, has received a prestigious recognition from the Anti-Corruption Academy of Nigeria (ACAN) for exemplary transparency and accountability in public office.
The Provost of ACAN, Professor Sheriff Ghali Ibrahim, presented the award at the FHA headquarters in Abuja on Wednesday, commending the authority’s management for demonstrating steadfastness in the fight against corrupt practices within the housing sector.
Professor Ibrahim, whose academy is coordinated by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), noted that the recognition underscores FHA’s commitment to integrity and prudent stewardship of public resources. He described the management’s efforts as a model for other government agencies, and emphasised ACAN’s mandate to promote ethical conduct and deter sharp practices across all sectors of the Nigerian economy.
In his acceptance remarks, Hon. Oyetunde Ojo attributed the authority’s transformation to robust internal reforms implemented since his assumption of office. He disclosed that the FHA has grown its revenue base to an estimated ten trillion naira, a significant recovery from the twelve billion naira debt profile inherited just two years ago.
The FHA boss further revealed that ongoing investments in Lagos, Abuja, and other regions now exceed five hundred billion naira, with projected profits sufficient to sustain the agency’s operations independently.
While expressing gratitude to ACAN for the honour, Ojo acknowledged that he would have preferred the recognition to come at the conclusion of his tenure but accepted it out of respect for the academy’s stature.
To entrench a culture of accountability, the FHA has introduced comprehensive staff welfare measures, including digitisation of operations, clearance of backlogged promotions, robust medical coverage, free transportation, and the payment of 13th-month salaries and allowances. Additionally, the authority has embarked on local and international training programmes for staff, with plans to enrol all employees in batches at ACAN to reinforce anti-corruption values.
The FHA has also created employment opportunities for both able-bodied and disabled Nigerians over the past two years, with a commitment to expanding such initiatives in the future.
