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...
Category: Financial Report
Post
Post
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...
Post
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...
Post
President Tinubu assures Nigerian workers of social security, life after retirement
…Says over 7.5m covered by Employees’ Compensation Scheme President Bola Ahmed Tinubu on Wednesday restated the commitment of the Federal Government towards ensuring that every Nigerian worker is insulated from sudden economic ruin, workplace injury and assured of a dignified life after retirement. The president gave the assurance at the opening of a two-day ISSA...
Post
ISSA 2026: Demand for responsive, stronger social protection system inevitable…NSITF MD
Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Falaye, has said that due to the expansive and growing population coupled with a dynamic labour market in Nigeria, the demand for a responsive and strong social protection system is inevitable. Faleye stated this on Wednesday in his welcome address at the 2026...
Post
FG, STATES, LGCs SHARE N2.036 TRILLION March 2026 REVENUE
A total sum of N2.036 trillion, being March 2026 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.The revenue was shared at the April 2026 Federation Account Allocation Committee (FAAC) meeting held in Abuja.The N2.036 trillion total distributable revenue comprised distributable statutory revenue of N1.320 trillion , distributable...
Post
NSITF MD Faleye, Commissions ECS Help Desk at Head of Service
…Says it’ll bring care, dignity to civil servants …Nigerian govt committed to safety, welfare of workers Managing Director/Chief Executive, Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Falaye, on Tuesday 21st April 2026, commissioned an Employees’ Compensation Scheme (ECS) Help Desk at the Office of the Head of the Civil Service of the Federation. Faleye,...
Post
NSITF collaborates to strengthen social protection, as Nigeria hosts ISSA West Africa 2026
As Nigeria hosts the 2026 International Social Security Association (ISSA) West Africa Technical Seminar, the Nigeria Social Insurance Trust Fund (NSITF), has assured that the nation is ready to facilitate meaningful and solution-driven discussions as part of broader efforts to strengthen social protection systems across West Africa. Managing Director of the NSITF, Barr. Oluwaseun Faleye,...
Post
Faleye: Taking the Employees’ Compensation Scheme To State Governors
Dr Emmanuel Ulayi When Barrister Oluwaseun Faleye assumed duties as the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF) on July 15, 2024, it was clear that a new dawn had arrived for the Fund. He left no one in doubt that a reformer had finally berthed at the agency and that...
Post
FG STATES, LGCs SHARE N1.894 TRILLION FROM A GROSS TOTAL OF N2.230 TRILLION FOR THE MONTH OF FEBRUARY, 2026*
The Federation Account Allocation Committee (FAAC), at its March 2026 meeting chaired by the Honorable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.894 Trillion to the three tiers of government as Federation Allocation for the month of February 2026, from a gross total of N2.230 Trillion. From...