ECS: Family of deceased Unity Bank Staff Gets N11 Million Compensation.

ECS: Family of deceased Unity Bank Staff Gets N11 Million Compensation.

By Chinedu Echianu The family of a deceased staff of Unity Bank, (name witheld) has received the sum of N11 million Naira from the Nigeria Social Insurance Trust Fund (NSITF), as lump sum of death benefits. Presenting the cheque at a brief ceremony at the headquarters of the bank in Lagos Tuesday, Managing Director of NSITF, Barrister Oluwaseun Faleye, said the sum "represents about twenty months arrears in death benefits,” […]

July 2, 2025 19

Featured

Employee Compensation Scheme: NSITF Compensates Two Beneficiaries With 23 Million Naira

By Chinedu Echianu The Nigeria Social Insurance Trust Fund, (NSITF) has compensated two beneficiaries to the tune of 23 Million naira under it's Employee Compensation Scheme. Management of the Fund, led by its Managing Director, Barrister Olúwaṣeun Faleye, presented the cheques to the two beneficiaries Monday, in Lagos. One beneficiary, a widow of a deceased employee of MEDPLUS who died in a boat mishap while commuting from home to work, […]

July 1, 2025 37

News

Employees’ Compensation Scheme: NSITF Joins Head of Service On Sensitization Drive

By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) is commencing a service-wide sensitization of civil servants in furtherance of the implementation of the Employees’ Compensation Scheme (ECS) in the Federal civil service. Managing Director of NSITF, Barrister Oluwaseun Faleye stated this on Thursday May 29, when he led his team to the office of the Federal Head of Service, to kickstart the sensitization campaign. The Head of the […]

June 1, 2025 43

News

ECS Validation: NSITF Partners NIMC to Link Enrollees Data to NIN

By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF), has entered into a partnership with the National Identity Management Commission (NIMC), to integrate data sharing on their portal; and ensure easy validation of data of workers who are registered under the Employees Compensation Scheme (ECS). The essence of the collaboration is to ensure that the bio-data of the employees, under the ECS are easily validated or verified through their […]

May 28, 2025 18

News

NSITF Pays N25 million Compensation to Injured Nass Staff

By Anayo Akwitti The Nigeria Socia Insurance Trust Fund ( NSITF), compensated an injured staff of the National Assembly with N25million on Tuesday. Compensation cheque for the injured staff was presented to the Clerk to the National Assembly ( CNA) , Barrister Kamoru Ogunlana by the Managing Director and Chief Executive Officer of NSITF , Oluwaseun Mayomi Faleye . The NSITF boss who presented the cheque in the office […]

March 11, 2025 12

4 4

National Assembly

Reps Summon Labour Minister Over Failure To Constitute NSITF Board

Oluwakemi Kindness The House of Representatives on Tuesday summoned the Minister of Labour and Employment, Muhammadu Dingyadi, over his failure to inaugurate the board of Nigerian Social Insurance Trust Fund. The House Committee on Public Petitions, issued the petition in a statement in Abuja on Tuesday. Petitioning the committee, Obasi-Pherson Help Foundation, a non governmental organization, complained that President Bola Tinubu had appointed the Managing Director of the Fund but […]

March 4, 2025 16 4 4

3

News

NSITF Collaborates with ICPC to Tackle Corruption in Management of Subscribers’ Funds

By Chinedu Echianu Allegations of corruption and mismanagement of funds in the Nigeria Social Insurance Trust Fund (NSITF) would soon be a thing of the past going by the recent collaboration between the Fund and the Independent Corrupt Practices and other related offences Commission (ICPC). The move is meant to ensure accountability of subscribers’ funds, and to strengthen the internal capacity of the NSITF to fight corruption and win public […]

February 19, 2025 35 3

#NSITF