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: Social Insurance
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NSITF presents 78 beneficiaries with prostheses
The Nigeria Social Insurance Trust Fund (NSITF) has presented prostheses for different degrees of injuries to 78 beneficiaries in continuation of its Prosthesis Provision Exercise. Managing Director, Barrister Oluwaseun Faleye, at the formal presentation of the final report on the current phase of the exercise in Abuja, said “the cooperation and commitment demonstrated by the...
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NSITF assures Gambia of technical support, stronger partnership…As study tour ends in Abuja
The Nigeria Social Insurance Trust Fund (NSITF) has promised to provide technical support while continuing to share knowledge with the Industrial Injuries Compensation Fund (IICF), Social Security and Housing Finance Corporation (SSHFC) of the Gambia in advancing social protection and workers’ welfare in the West African sub-region. Managing Director/CE of NSITF, Barr. Oluwaseun Faleye, gave...
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Labour Minister Hails NSITF Reforms, Applauds Partnership With Gambia
The Minister for Labour and Employment, Dr Muhammadu Maigari Dingyadi, has commended the Managing Director/CE of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye, for the reforms he has instituted at the Fund. He made the commendation when the Managing Director led the delegation of the Board of the Industrial Injuries Compensation Fund...
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NSITF Hosts Gambian Delegation On Study Tour On Employees’ Compensation Scheme
The Nigeria Social Insurance Trust Fund, NSITF, on Monday, July 6,2026, formally opened a week-long study tour for the Board of the Industrial Injuries Compensation Fund of the Social Security and Housing Finance Corporation, SSHFC, of The Gambia. The study tour was declared open by the Managing Director/Chief Executive, Barr. Oluwaseun Faleye, at the Fund’s...
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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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Ex-NSITF GEneral Manager, Legal Services replies Sahara Reporters… says no crisis led to staff exit
Former General Manager, Legal Services, Nigeria Social Insurance Trust Fund (NSITF), Innocent Eremionkhale, Esq, has denied reports by Sahara Reporters alleging that conflict with the management of the Fund led to hi exit. Eremionkhale issued a disclaimer in reaction to the infamous story by Sahara Reporters’ alleging mass resignations in the Fund occasioned by crisis...
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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....