The Chairman of the Nigeria Social Insurance Trust Fund (NSITF), Sola Olofin, has decried the refusal by many employers of labour to comply with the provisions of the Employees’ Compensation Act. Section 33 of the ECA which makes it mandatory for all employers to remit their contributions to the Fund.
Olofin said this when he assumed office Friday at the NSITF headquarters in Abuja. He pledged to work closely with stakeholders, including labour unions, regulatory agencies, and the private sector, to expand the scope of compliance and ensure that every eligible worker is protected under the scheme.
Reiterating the need to protect workers’ rights and promote a safe working environment across the country, he said he would leave no stone unturned in leveraging technology to streamline NSITF processes, reduce delays, and ensure that compensation claims are processed swiftly and fairly.
Olofin assured that he would explore digital solutions that will improve accessibility and accountability in NSITF operations.
He stated that he will introduce stricter financial controls, enforce transparency, and ensure that every naira remitted to the NSITF is utilized solely for the benefit of employees and employers who contribute to the scheme.
Promising to invest in training and capacity development for our staff to enhance professionalism and service delivery, he said under his watch he will strengthen engagement with labor organizations, employer associations, and relevant government bodies to build a robust and collaborative social security framework.
According to him, “The Renewed Hope Agenda is already impacting lives positively, repositioning our nation on a better trajectory, and giving Nigerians the assurance of a brighter future. Our role at NSITF is to ensure that the social security scheme we administer complements and reinforces this vision.
“By expanding coverage, ensuring prompt compensation for workers, and improving service delivery, we will contribute meaningfully to the President’s goal of a more secure and inclusive Nigeria.
“To my colleagues on the NSITF Management Board, let me say this: I do not see you merely as subordinates, but as my brothers, my friends, my colleagues, and my partners in the realization of this great mission.Together, we must build a culture of collaboration, transparency, and excellence. We must be bold in confronting challenges, proactive in driving reforms, and relentless in delivering results.
“Every decision we make must be guided by the principles of fairness, equity, and service to our nation.Ladies and gentlemen, the responsibility before us is enormous, but together, we will rise to the challenge.
“The protection of Nigerian workers is not just a policy matter—it is a national priority. The success of NSITF will not be measured by the number of initiatives we launch but by the real impact we create in the lives of Nigerian workers and their families.
“As Chairman, I pledge to lead with integrity, fairness, and an unwavering commitment to social justice. Let us work hand in hand to build a stronger, more efficient, and more reliable NSITF—an institution that truly serves the interest of the Nigerians.”