The Nigeria Social Insurance Trust Fund (NSITF) has unveiled plans to extend its Employees’ Compensation Scheme (ECS) to cover the informal sector in 2025. This initiative is part of the Fund’s broader strategy to enhance the scope of its social…
The Nigeria social insurance trust fund (NSITF) has unveiled its data analysis, revealing a total enrollee figure of over 172,000 Employers and 7.6 million Employees; compensation of over 103,000 beneficiaries with a total disbursement of N6.6 billion as compensation to…
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday charged the leadership of the Nigerian Social Insurance Trust Fund (NSITF) to be transparent and accountable in their service to the people. He also implored the Fund to be responsible and responsive…
By Esther Agbo President Bola Tinubu has named Mr. Oluwaseun Faleye as the new Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF). The announcement was made in a press release by the president’s special…
The Federal Government has ordered all Ministries, Departments and Agencies (MDAs) to immediately commence the mandatory contributions of one percent of the emoluments of all public servants to the Employees’ Compensation Scheme of the Nigeria Social Insurance Trust Fund (NSITF).…
The Nigeria Social Insurance Trust Fund (NSITF) announced over the weekend its financial report, revealing total contributions of N257.6 billion from various organizations between July 2011 to June 2023. During this period, the Fund registered 142,510 employers. NSITF’s Managing Director, Maureen Allagoa,…
President Muhammadu Buhari has sacked Michael Akabogu, Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF). Akabogu was sacked in connection to his alleged forgery of the National Youths Service Corps (NYSC) Discharge Certificate, according to sources familiar…
The Nigeria Social Insurance Trust Fund (NSITF) says it has successfully paid a total of over N306. 555 million as claims and compensation to registered employers, employees and their dependents in the last four months. The NSITF Managing Director, Dr.…
The Federal Executive Council (FEC) has approved the digitisation of the services of the National Social Insurance Trust Fund (NSITF), to be known as e-NSITF. The council made the approval on Wednesday at a meeting presided over by President Muhammadu…
By Uthman Salami The Nigeria Social Insurance Trust Fund (NSITF) has faulted the claim by the National Assembly that the agency owed the Federal Government a huge amount running to N3.8 billion non-remittance of Operating Surplus Funds. The NSITF General…
