The Nigerian Social Insurance Trust Fund (NSITF) has developed a comprehensive programme for the integration of the informal sector into the Employees Compensation Scheme (ECS). NSITF managing director, Oluwaseun Faleye, confirmed this in a statement on Sunday by NSITF general manager, corporate affairs, Nwachukwu Ngige. Mr Faleye said that the fund would tap into the immense potential of the informal …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) grilled former Minister of Labour and Employment, Chris Ngige, regarding contract irregularities and job racketeering at the Nigeria Social Insurance Trust Fund (NSITF) during his tenure. The ICPC had previously summoned several top officials of the NSITF for questioning regarding an N47 million gratuity paid to the immediate past Managing …

The National Pension Commission (PenCom) has transferred a total of N10.2 billion to 142,486 Retirement Savings Accounts (RSA) owners of the Organized Private Sector (OPS) under the Nigerian Social Insurance Trust Fund (NSITF) scheme to date. This was made public by the director general of PenCom Aisha Dahiru Umar at a one-day interactive session with the Organised Private Sector on …

Some worried employees of the Nigeria Social Insurance Trust Fund (NSITF) have urged the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other Related Offenses Commission (ICPC) to look into cases of alleged fraud and corruption at the agency. However, NSITF’s General Manager/Head of Corporate Affairs, Mrs Ijeoma Oji-Okoronkwo denied knowledge of any wrongdoing in the organisation. …

The Senate has carpeted the management of the Nigeria Social Insurance Trust Fund (NSITF) for failure to justify its spending of N17.158 billion in 2013. The Senate said the required evidential documents were said to have been eaten up by termites. The amount, which is stated in the 2018 audit report, was reportedly transferred between January to December 2013 by …