The Nigerian Social Insurance Trust Fund (NSITF) has paid N226.96 million  as compensation to some registered employees its Enugu Region from January 2022 to December  2024 for work-related deaths,  injuries, diseases and disabilities.

The Managing Director of NSITF,  Mr Oluwaseun Faleye,  gave the figure in his address during the NSIFT special day at the ongoing Enugu International Trade Fair.

Faleye was represented by the Enugu Branch Manager of  NSITF, Mrs Uzoamaka Oraebgu.

He said that NSITF provided financial compensation to deceased employees’ dependents to the tune 90 per cent of total remuneration in case of death.

The managing director said that the organisation provided  the compensation under the Employees Compensation Scheme (ECS) of the Federal Government.

 He said that the ECS also provided for  rehabilitation of  injured employees or counselling services with a view to helping them to return back to work.

  “There is also compensation for injuries occurring outside the normal workplace but  occurring in the course of work.

“In view of the aforementioned ECS benefits, it is  worthy to mention that NSITF recently paid the sum of  N25 million  as compensation for ECS purposes to a staff of the National Assembly.

 “It may also interest you to know that the fund has so far paid the sum of N226,975,582.97 as compensation to some registered employers.

“The ECS is funded by payment of one per cent employee’s total emolument, by the employer, to the NSITF,” he said.

In his address of welcome, the  President of Enugu Chamber of Commerce, Industry Mines and Agriculture, Mr Odeiga Jideonwu, said that the place of NSITF in Nigeria’s development could not be over-emphasised.

Jideonwu praised NSIFT for providing fair and guaranteed  compensation for registered employees.

He said that NSITF’s regulatory role had continued to keep employers on their toes in providing safe working environments which, he described, as key to improved productivity.

He urged the organisation to do more to  promote workplace safety through  inspections, capacity building workshops and awareness campaigns.