The Nigeria Social Insurance Trust Fund (NSITF) on Tuesday handed over a cheque of N25 million to a staff of the National Assembly as part of its mandate to provide employee compensation to workers in the country.
Oluwaseun Faleye, the Managing Director of NSITF, speaking while presenting the cheque, said the Fund is paying compensation to victims of work place accident faster, and taking its responsibilities more seriously.
According to Faleye, the Fund was determined to renew its relationship with the National Assembly and engaging other stakeholders to ensure compliance with the NSITF Act.
“We at NSITF are taking our responsibility and our mandate much more serious and engaging stakeholders.
“We are paying compensation much more faster and quicker. That is what this presentation of a dummy cheque today signifies. We are also renewing our relationship with the National Assembly and other employers to pay compensation as the case may be; for them to benefit claims so that when accidents or injury occurs their staff welfare can be much more enhanced” he said
The managing director of the Nigeria Social Insurance Trust Fund also appealed to the Clerk of the National Assembly to ensure that the Parliament remits its contribution as and when due, assuring that the Fund remain committed to fulfilling its mandate.
He said “I want to appeal to the Clerk of the National Assembly to ensure that National Assembly begins to fulfil its commitment to NSITF by paying the necessary contributions. We urge you to help advocate patronage and commitment to the NSITF Act.
“Our coming here and the presentation of this cheque today is the renewed efforts of the new management at NSITF and we congratulate the employee that is the recipient of this cheque”
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However, Kamoru Ogunlana, clerk to the National Assembly, said the presentation underscores the commitment of NSITF in ensuring that no worker in the country is left financially vulnerable due to workplace related health setbacks.
He said “This initiative is not just about financial assistance; it is about restoring hope, alleviating burdens, and reaffirming our solidarity with all hardworking Nigerians who contribute immensely to the growth and development of our nation.
“While I commend the NSITF for implementing this scheme, I will implore you to please ensure that eligible beneficiaries receive their rightful entitlements without undue delay.
“The National Assembly will give your agency the necessary legislative support that will strengthen the institutional capacity to deliver on its core mandate”.
