Fifteen years after the Employees’ Compensation Act was signed into law, the Nigeria Social Insurance Trust Fund (NSITF) on Tuesday presented the first compensation cheques worth N31,720,570.5 million directly to five beneficiaries from treasury-funded Ministries, Departments and Agencies (MDAs). The maiden presentation held in Abuja, brought together families who lost loved ones or suffered workplace...
Category: Insurance
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NSITF MD Urges Partnership, Worker Protection at 5th NECA Summit
…Says ESG, reforms key to inclusive growth, enterprise competitiveness The Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has called for stronger collaboration between government, employers and workers to drive sustainable economic growth. Faleye made the call on Monday in Abuja while delivering a goodwill message at the 5th...
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NSITF and South Africa’s Rand Mutual Assurance Sign MoU on Technical Cooperation and Knowledge Exchange
The Nigeria Social Insurance Trust Fund (NSITF) and Rand Mutual Assurance (RMA) of South Africa have signed a Memorandum of Understanding (MoU) formalising a framework for institutional cooperation across social insurance administration, occupational health and safety, and employee compensation. The agreement was signed on 25th June, 2026, at the conclusion of a three-day Strategic Technical...
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NSITF, South Africa’s Rand Mutual’s partnership will strengthen Africa’s social protection systems – Faleye…As the Fund Reaffirms Commitment to Strengthening the ECS
Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has said collaboration between the Fund and Rand Mutual Assurance (RMA) of South Africa would strengthen Africa’s social protection system. Faleye stated this on Tuesday when he hosted a high-level delegation from RMA South Africa led by the Group Chief Executive...
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NSITF rejects allegations of managerial crisis…Says staff exit voluntary, part of restructuring
The Nigeria Social Insurance Trust Fund (NSITF) has condemned the allegations of managerial crisis and mass resignation of workers being peddled in some media outlets. In a statement issued by Alexandra Mede, Head of Corporate Affairs, the NSITF described the story published by Sahara Reporters as a deliberate misrepresentation of facts and lacking in merit....
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Data Science Platform workers, gig economy in our plans… NSITF MD Faleye
Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, has said issues around the impact of Artificial Intelligence (AI), especially as regards platform workers and the gig economy, are being given priority attention by the Fund. Faleye stated this while fielding questions in response to the presentation of the Honourable Minister...
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NSITF is committed to protecting vulnerable workers, Faleye
The Nigeria Social Insurance Trust Fund (NSITF) has restated its commitment to preventing and protecting all vulnerable groups, especially people Living With disabilities through occupational safety and health. Barr. Oluwaseun Faleye, the Managing Director of NSITF, stated this while speaking at a panel session at the just-concluded International Civil Service Conference on the topic: “Inclusive...
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NSITF restoring hope, dignity of workers through ECS, says MD Faleye
The Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye, has underscored the role of the Employees’ Compensation Scheme (ECS) in restoring hope and dignity to Nigerian workers who suffer injuries in the line of duty. He made the remarks in Abuja during the presentation of prosthetic limbs to...
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ECS: NSITF assures Lagos govt of support for effective implementation…Trains MDAs relations officers
Nigeria Social Insurance Trust Fund (NSITF) has assured the Lagos State Government of its willingness to provide all the required technical and operational expertise for the seamless implementation of the Employees Compensation Scheme (ECS) in the state. Managing Director/CE, Barr. Oluwaseun Falaye, gave the assurance at a sensitisation workshop for Employee Relations Officers for Lagos...
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NSITF MD assures on ECS implementation, hails FG’s enhanced welfare package
…Civil Servants safe with ECS, says Walson-Jack Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has reiterated the commitment of the Fund to the Employee Compensation Scheme (ECS) for the benefit of Federal Civil Servants, even as he applauded the Federal Government on the newly introduced welfare enhancement in the...