Continuous, prompt payment of claims, a commitment to improved workers welfare – NSITF

……Pays 31 Million Naira Medical Bills of Nestle Staff.

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has insisted that the continuous and prompt payment of claims to beneficiaries of the Employees Compensation Scheme is a demonstration of the Fund’s commitment to improved workers welfare in the country.

He made this declaration just as a staff of fast moving consumer goods giant, Nestle Plc received a refund of N31 million Naira medical bills from the NSITF.

Barrister Faleye commended the company’s commitment to workers’ welfare and recounted that the benefiting staff was involved in an auto accident along with other colleagues who had all been compensated by the Fund.

He stated that because of the seriousness of the injury sustained by this particular staff, a review became imperative hence the latest payment.

The NSITF MD revealed that the family of one of the workers, who died in the road mishap, had been paid the initial compensation and have started to receive monthly compensation.

He seized the occasion to draw parallels between other insurance policies and the Employees Compensation Scheme of thhe NSITF, saying the scheme is mandatory by the Employees Compensation Act 2010.

He said beside compensation for work related deaths, diseases, disabilities and injuries, the fund provides support and rehabilitation

Faleye presented the cheque, at Nestle headquarters in Lagos where he was accompanied by President and General Secretary of NUBIFE, Comrades Anthony Akpaba and Mohammed Sheik, representative of NECA, Mrs. Ajala, and the Executive Director Operation of NSITF, Mrs. Mojisoluwa Ali-Macauley.

In the same vein, the widow of a deceased staff of MEDPLUS was, last week, presented with a cheque of one million , one hundred and ninety two thousand, one hundred and forty five Naira and twenty five kobo (1,192,145:25) by the Managing Director at the company’s head office in Lagos. The amount represents the first monthly support after an initial lump sum of 15 million Naira.

The MD NSITF explained that the monthly installments would continue until the last child of the deceased turned 21 years.

Meanwhile, the NSITF team had earlier visited the head office of Mobil Producing (Seplat Energy) where they presented a cheque of one million, one hundred and seven thousand, six hundred and sixty Naira, and thirty kobo, (1,107,660:30) monthly compensation to the family of a staff of the company who died in the course of duty.

These payments will also continue until the youngest of four children attains the age of 21, or graduates from the university.