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NSITF management needs urgent reform - Punch Newspapers

Punch Newspapers Sections Published 16 June 2021 THE appointment of a new managing director and the reconstitution of a management board for the Nigeria Social Insurance Trust Fund by the President, Major General Muhammadu Buhari (retd.), might not rescue the outfit from its quagmire. Apart from the new appointments, the President also directed that “the former Managing Director of the Fund, Bayo Somefun, and three other former Executive Directors with the NSITF, are to refund to the treasury of the Fund a total of N181 million being alleged illegal overpayments in salaries and allowances.” The Senate is investigating N61.1 billion allegedly diverted by the NSITF in 2018.

NSITF Harps on Increased Attention to Workers Safety, Health

By Peter Uzoho and Rebecca Ejifoma The Nigeria Social Insurance Trust Fund (NSITF) has stressed the need for employers in the private and public sector to pay more attention to the safety, health and welfare of their employees in the performance of their official assignments. The Assistant General Manager/Branch Manager of the NSITF, Apapa, Mr. Daniel Omotayo, stated this yesterday in Lagos during the branch’s rally in commemoration of the 2021 World Safety and Health at Work Day, with the theme: “Anticipate, Prepare and Respond to the Crisis –Invest Now in Resilience Occupational Safety and Health System.” Omotayo also stressed the need for all corporate organisations in Nigeria to queue into the Employees Compensation Scheme (ECS) of the government in order to help them reduce the high financial burden they incur during compensation for their workers who sustain injuries or die in active service.

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