By Kayode Sanni-Arewa

The Nigeria Social Insurance Trust Fund (NSITF) said it would be innovative and proactive in its process to meet the rising expectations of beneficiaries of the Employees Compensation Scheme (ECS).

The Fund also disclosed that it processed 22,350 claims in 2024 which ensured beneficiaries of ECS received timely support.

In the same vein, the Fund expressed strong determination to surmount the dynamic socio-economic landscape and stringent regulatory frameworks that would impede on its mandate to deliver social protection services to Nigerians.

Speaking at the opening of the Management Performance Review of the Nigeria Social Insurance Trust Fund (NSITF), held Wednesday, at NECA House in Ikeja, Lagos, the Managing Director of the Fund, Barrister Oluwaseun Faleye, disclosed that the organization has started the process of leveraging technology to facilitate its registration process with the intention of improving transparency and trust.

According to him, this has become necessary in order to forge collaborative partnerships with agencies that are able to facilitate the delivery of it’s mandate, including amplifying awareness and compliance among employers and employees to deepen adoption of the ECS..

Barrister Faleye said the review session is, therefore, an opportunity to critically assess their performance, celebrate what works, and address what does not.

He said: “As Custodians of the Employees’ Compensation Scheme, our mandate is clear and it is to provide timely compensation and support to employees affected by workplace injuries, disabilities, diseases, or fatalities. This scheme is not just about financial redress, it is a lifeline that upholds dignity, fosters safer workplaces, and strengthens Nigeria’s social security architecture.”

Buttressing the legacies of the NSITF, Faleye posited ” ln the past year, we have made significant strides: We have processed 22,350 claims in 2024, ensuring beneficiaries received timely support. We have expanded our outreach to 13 regions and created five new branches across the country brining the total numbers of branches to 62. The Fund now cover 183,528 employers and 7,616,476 employees. We have conducted 3,250 health and safety audits and 808 investigations and 2,035 awareness initiatives and 248 follow-up audits.”

According to him we have started the process of leveraging technology to facilitate our registration process thereby improving transparency and trust.

“We continue to forge collaborative partnerships with agencies that are able to facilitate the delivery of our mandate including amplifying awareness and compliance among employers and employees to deepen adoption of the Scheme.

“However, we are not blind to the hurdles: delayed employer remittances, gaps in public awareness, and systemic issues that contributes to diminished operational efficiencies. These challenges test our resolve but also sharpen our focus.

“Let us therefore use this platform to engage in open, honest, and constructive discussions. Let us ask ourselves the tough questions, challenge assumptions, and explore new ideas. Our goal is not just to meet targets but to exceed them, ensuring that the NSITF remains a beacon of hope and support for all Nigerians.” He added

Earlier in her address, the Executive Director Operations (NSITF), Hon Mojisola Alli-Macaulay, said the MPR is a crucial exercise aimed at assessing the Fund’s performance in the 2024 financial year and setting a clear strategic course for 2025.

In her words:” This event is of utmost importance as it provides a platform for us to critically evaluate our achievements, identify areas for improvement, and implement strategies that will fast-track growth and enhance service delivery. The theme for this year’s MPR, Aligning Performance Activities with the Strategic Objectives of the Fund, underscores the necessity for every Department, Region, and Branch to work in synergy towards the overarching goals of the Fund.”

To this end, she emphasized that “The past year presented its fair share of challenges, but it also provided opportunities for us to reaffirm our commitment to excellence and innovation.

“Through the resilience and dedication of our workforce, we have made commendable strides in ensuring that the Nigeria Social Insurance Trust Fund (NSITF) remains a pillar of social security and welfare for Nigerian workers.

As we engage in presentations, discussions, and deliberations over the next two days, I encourage every participant to actively contribute their insights and recommendations. Our success in the coming year will be determined by the strength of our strategies and the effectiveness of their execution.” She also observed

By Kayode Sanni-Arewa

There’s an alert on the social media network alerting the anti-graft agency that Rivers government officials are loading an aircraft with hard currencies.

Hear him:
Information reaching us now has it that Rivers State government is loading money in hard currencies in Government Aircraft, at the International Airport, Omagwa!

*EFCC and other relevant security operatives should quickly go into action, to investigate this information!*

By Kayode Sanni-Arewa

The EFCC has cautioned Nigerians over a fake TikTok account declaring that it does not run any such account.

Read statement below:
The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to activities of some fraudsters who on Thursday, 27 February, 2025, organised a live session on a Tik-Tok platform using the Commission’s logo to generate traffic and defraud unsuspecting members of the public.

According to the Head, Media & Publicity of EFCC, Dele Oyewale the fraudsters used six fake accounts all bearing the logo of the Commission and names of non-existent directorates.

Among the names and logos used for the fraudulent live session are: “EFCC of Nigeria”, “EFCC Lagos”, “EFCC Delta”, “EFCC of Benin”,” EFCC of Jos,” and “EFCC Saga.”

The Commission has no Tik-Tok account and the public is advised to discountenance any such account bearing the insignia of the Commission.