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NSITF pays N4.99m benefit to injured employee

By John Akubo, Abuja
21 July 2022   |   3:55 am
A staff of Hydrodrive Nigeria Limited, who had a serious accident while working as a secretary, recently got a lifeline from the management of the Nigerian Social Insurance Trust Fund (NSITF) in a sum of N4.99m disability benefit.

A staff of Hydrodrive Nigeria Limited, who had a serious accident while working as a secretary, recently got a lifeline from the management of the Nigerian Social Insurance Trust Fund (NSITF) in a sum of N4.99m disability benefit.
 
The benefit paid to her by the fund was part of N306, 554, 896.23 paid as claims and compensations covering medical expenses, refund, loss of productivity, disability benefits to injured employees, death benefits to next of kin of deceased employees and retirement benefits to disabled employees. 
 
The Managing Director of NSITF, Dr. Micheal Akabogu, who spoke through the board secretary, Ijeoma Okoronkwo, made the disclosure at a media interactive session in Abuja.
 


“Worthy of mention is the peculiar case of a staff of Hydrodrive Nigeria Limited, who worked as a secretary. On January 4, 2019, while waiting at the bus stop on her way to work, a reckless bus driver knocked her down, resulting in a fracture to her right hand, spinal cord and head injury.
 
“She was awarded 100 per cent disability and was treated at the Lagoon Hospital, Lagos. As at the last visit paid to her on January 11, 2022, she was completely bedridden, paralyzed in all limbs, unable to speak and completely dependent on her husband. 
 
“The arrears of disability benefits in the sum of N4,994,150.18 were paid after which the beneficiary was placed on monthly disability benefits in the sum of N146,886.17. This is one of out of many services that the NSITF offers to the registered employees. 
 
Speaking on the second quarter scorecard, it indicated that the scheme had processed a total of 23,455 Employee Compensation Scheme (ECS) applications from across the 56 branches of the Fund and issued 22,761 employees compensation certificates in the last four months. 
  

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