NSITF committed to prompt payment of compensation -MD

…present N25 million cheque to NASS staff

Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye has said that the agency was committed to prompt payment or compensation to workers involved in work place accident.

The agency owned by the Federal Government, organised Labour and employers organisation is saddled with the responsibility of implementing the Employee Compensation Scheme.

Speaking while presenting a cheque of N25 million to a staff of the National Assembly whose name was not disclosed, Faleye said the Fund is paying compensation faster, and taking its responsibilities more seriously.

While appealing to the management of the National Assembly to ensure prompt remittances of it’s contribution, Faleye said the Fund was also renewing its relationship with the National Assembly and engaging other stakeholders to ensure compliance with the NSITF Act.

He said “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.

“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”

Receiving the cheque on behalf of the staff, the Clerk to the National Assembly, Kamoru Ogunlana said the presentation of cheque to his staff underscores the commitment of NSITF in ensuring no Nigerian worker 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 CNA promised that “The National Assembly will give your agency the necessary legislative support that will strengthen the institutional capacity to deliver on its core mandate”.

Present at the event was the chairman of the Senate Committee on Labour and Employment, Senator Diket Plang and his House of Representatives counterpart, Hon. Adegboyega Adefarati.