Transparent Responsible Disclosures

Building Trust. Ensuring Transparency. Empowering Every Nigerian.

About TRD in the RECORs Ecosystem

The Transparent Responsible Disclosures (TRD) standard is the cornerstone of the RECORs and RBi Index Ecosystem. It establishes the highest level of openness, accountability, and shared trust across all operations — from escrow management to broker certification, property listing, and income earner representation.

Nigeria’s RECORs Ecosystem Structure

The Nigerian model of the RECORs ecosystem is a public-compliance-centered structure, designed to remain functional, inclusive, and transparent. The structure includes ERET Nigeria, PCP, NIESV, REDAN, SEC, and a public representation system.

Escrow Release Philosophy and Methodology

The RECORs Escrow Account represents the collective trust of Nigerian income earners. Its release methodology is governed by TRD-aligned multi-signatory oversight, ensuring that no single entity can control or divert escrowed funds without due process.

Ongoing Developments

Abuja First: Positioning Abuja as the flagship city for RECORs and RBi Index adoption.
Lagos Plus: Expanding RECORs access, broker training, and escrow-backed RBi Index transactions.
Global Drive: Promoting RBi Index trading to Nigerians in the diaspora and international partners.

Commitment to the Nigerian Public

Transparent governance
Secure escrow management
Verified property backing
Inclusive public participation
Adherence to TRD standards

Nigeria PCP Transition & Treasury Flow Framework

Treasury Allocation

Instead of 0.25%, the 1.0% allocation goes directly to the Host Country’s Treasury as a public revenue contribution. This remittance is irrevocable, separate from taxes, and stands as a national benefit for wellbeing initiatives (food, health, knowledge, people of determination, vulnerable groups).

Outgoing PCP Position

The outgoing PCP of Nigeria retains 24% stake allocation. This acknowledges contributions, ensures fairness, and leaves enough space for future alignment.

7 Core Team Allocation

Each of the 7 Core Team receives 2%.

Upon death, 95% returns to the system, while 5% sustains the dependent until the age of 70.

After 70, the 5% is re-injected into the system as part of the ecosystem’s continuous sustainability model.

These allocations are non-voting, to prevent abuse, and only active from the 7th Index Release Year onward.

If no PCP is found in time, a lot system (to be explained) is used to identify a new PCP from qualified stakeholders.

Public Representation

3 Public Representatives each receive 0.75%, valid for two Index Release Years.

After that period, another 3 Public Representatives are selected by lot for rotation.

Permanent Public Defender Role: One signatory position is held by a recognized defender of the people (for Nigeria, Human Rights Radio – Berekete Family®️), ensuring transparency and citizen protection.

Safeguards

The structure avoids concentration of power while ensuring fair earnings.

Treasury remittance (1%), PCP allocation (24%), 7 Core (2% each), and Public (0.75% each) are all embedded in the RECORs Irrevocable Policy Framework.

Any transition or vacancy in PCP is system-managed without halting operations or compromising escrow integrity.