Nigeria Social Insurance Trust Fund
7 Jan 2020
The Nigeria Social Insurance Trust Fund (NSITF), said it spent about N825 million on compensation and rehabilitation of injured workers under its Employees Compensation Scheme (ECS) last year.
17 Dec 2019
Enrollees that are currently participating in the Employees Compensation Scheme (ECS), operated by the Nigeria Social Insurance Trust Fund (NSITF)
29 Oct 2019
The Nigeria Social Insurance Trust Fund (NSITF), has appealed to contributors to the defunct National Provident Fund (NPF), and NSITF contributory pension scheme to approach Trustfund Pensions Limited
17 Sep 2019
As the world of work becomes more sophisticated, so also is the degree of occupational danger workers are exposed to continues to increase. Indeed, the need for workers to be more careful in the workplace is also a message relevant stakeholders often pass to workers and their representatives.
5 Sep 2019
The Nigeria Social Insurance Trust Fund (NSITF) has paid over N1billion to 10,000 injured workers and dependents of dead workers since the inception of the Employees Compensation Scheme (ECS) in July 2011.
13 Jun 2019
Since July 2011 when it began operations, the Nigeria Social Insurance Trust Fund (NSITF) has processed 11,000 disability benefits under its Employees’ Compensation Scheme (ECS). This amounts to over N200 million through arrears, one-off lump sum and monthly payments to the employees. Similarly, the scheme has also processed over 9,000 dependant/survivor benefits, which amounts to…
12 May 2019
Trouble began for the board of the Nigeria Social Insurance Trust Fund (NSITF) on Wednesday, March 9, 2018, when it was not a part of the boards that were inaugurated on that day. Indeed, the boards of National Directorate of Employment (NDE) where the Minister of Labour and Employment, Dr Chris Ngige is chairman, National…
10 May 2019
Academic Staff Union of Universities (ASUU) has condemned the attack on labour leaders who were protesting on Wednesday against the non-inauguration of the Nigeria Social Insurance Trust Fund (NSITF) board at the Abuja residence of the Minister of Labour and Employment, Dr. Chris Ngige. Thugs, who were reportedly loyal to the minister, pounced on members…
1 Nov 2018
The Nigeria Employers Consultative Association (NECA), and Nigeria Social Insurance Trust Fund (NSITF), have pledged to deepen their collaboration for the success of the Employees Compensation Scheme. Speaking when he received the out-going Director General of NECA, Olusegun Oshinowo, in Abuja, the Managing Director of NSITF, Adebayo Somefun, lauded NECA for providing the institutional…
6 Sep 2018
The Nigeria Social Insurance Trust Fund (NSITF), has started a nationwide training of its staffers to prepare them for the take-off of its digital platform for the registration of companies, claims processing and payment of compensation. Speaking at a two-day workshop on Electronic Revenue Compliance, Claims and Compensation (ERC3) and change management, articulated the gains…
22 Aug 2018
First Quarter (Q1) E 2018 report released by the National Pensions Commission (PenCom), has shown a promising future for the industry following growth in the microeconomic sections in different sectors of the economy. According to PenCom, the pension industry recorded a 1.93 per cent growth in membership in Q1, up from 7.89 million contributors at…
24 Jul 2018
There are indications that the board of the Nigeria Social Insurance Trust Fund (NSITF) would be inaugurated before the end of July, the Minister of Labour and Employment, Chris Ngige disclosed. In a letter to dated 17th July 2018 with a reference number: No. ML.HMO/LAB/126/III/208 and addressed to the National Chairman of the All Progressive…
10 mins ago
The Nigerian Communications Commission (NCC) has licensed Starlink, a satellite internet constellation operated by SpaceX, providing satellite internet access coverage to 32 countries. This licensing followed a visit to Nigeria by the company’s team in May last year. Elated Elon Musk took to his Twitter handle to announce this development today. The NCC has equally…
33 mins ago
The United States is extending for another six months exemptions from punitive tariffs for some medical products from China, the US Trade Representative announced Friday.
1 hour ago
Independent National Electoral Commission, INEC, has finally bowed to pressure from political parties by extending the deadline for the conduct of primary elections by six days. INEC Chairman, Information and Voter Education Committee, said the commission took the decision after a meeting with the 18 registered political parties under the aegis of the Inter-Party Advisory…
1 hour ago
Amber Heard's lawyer Ben Rottenborn has referred to Johnny Depp as a 'monster' in closing arguments for the Depp-Heard defamation trial. Both lawyers gave closing arguments in the current trial in Fairfax, Virginia, summarizing much of what has been said on both sides since the trial began on April 11. Rottenborn said, "if he abused…