This study is aimed at evaluating the role of NDIC in the management of distressed banks in Nigeria. The study focuses on the achievements of NDIC, its impact on the Nigerian banking system and how effective the NDIC has been as a supervisory authority. This study uses primary data obtained through questionnaires administered to the employees of the Nigerian Deposit Insurance Corporation. 100 employees were selected as samples while their opinions on the role of NDIC in the management of distressed banks formed the basis for the outcome of this study. The findings of this study reveal that NDIC plays a dominant role in the management of distressed banks in Nigeria. Premised on this outcome, the study suggests that NDIC should be given more autonomy to be able to oversee the affairs of distressed banks.