Breaking News

NSITF urges compliance with Employees Compensation Act

By AbdulSalam Muhammad, Kano

Managing Director of the Nigerian Social Insurance Trust Fund, NSITF, Alhaji Umar Abubakar, has tasked employers of labour in Nigeria to comply with the provision of Compensation Act of 2010.

Addressing a cross section of workers during a one day interactive session in Kano, Abubakar revealed that the scheme has in the last one year registered over 1000 employers, adding that it also appointed over 12 commercial banks as Contribution Collection Banks.

He stated that the provisions of Compensation Act were inalienable right of workers, stressing the need for the Nigerian workers to stand up against any oppression and infringement on their right by their employers.

He commended the federal government for taking the lead by paying the statutory one percent contribution of its workers’ annual pay roll to the Fund, pointing out that “If your employers pay one per cent of your pay roll to the NSITF as the law mandates them to, it is for your benefit, but if they don’t you are the ones that will bear the brunt.”

Alhaji Abubakar disclosed that employers have not been forthcoming in their registration, maintaining that the Employees Compensation Act 2010 made it mandatory for employers, both in the private and public sectors to register for the scheme.”

The NSITF BOSS emphasized that “Under the law, employers are prohibited from making contributions under the scheme and we have made plans to ensure that employers do not use part of staff salary as their contributions.”

He explained that the scheme has operated for one year and the Agency owe it a duty to meet with the stakeholders to share with them the progress made so far in the implementation of the scheme and to list their various achievements that they were able to record in the past one yea, as well as with the problems they encountered while implementing the scheme.

He encourage employees to hold tight to the scheme, while unfolding the future plans of the scheme for the appointment and accreditation of hospitals and clinics all over the country that would be used for the treatment of injured persons under the scheme.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.