The Nigeria Social Insurance Trust Fund and South Africa’s Rand Mutual Assurance have signed a memorandum of understanding to strengthen cooperation.
The NSITF boss commended the workers for their unwavering commitment to protecting and empowering Nigerian workers.
NECA and NSITF have renewed calls for the effective nationwide implementation of the Employee Compensation Act 2010.
The president of the National Industrial Court, Justice Benedict Kanyip, has raised concerns over observed lacunae in the Employees’ Compensation Act.
The Nigeria Social Insurance Trust Fund says some employers are sabotaging its operations by under-declaring the salaries and staff strength of their organisations.
He said the NLC would resist any plan to divert contributions meant for injured workers and their families.
Oluwaseun Faleye, managing director of NSITF, disclosed this during his presentation at the 69th annual general meeting of the Federation of Construction Industry on Wednesday.
The evaluation aims to promote citizen-focused service delivery in ministries, departments, and agencies by identifying gaps and making recommendations for improvement.
NSITF says the federal government is committed to improving social security, health and safety workers.
He said NSITF provided financial compensation to deceased employees’ dependents to the tune of 90 per cent of total remuneration in case of death.
