The Nigeria Social Insurance Trust Fund (NSITF) has paid N226.96 million as compensation to some registered employees in 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, disclosed this during the NSITF special day at the ongoing Enugu International Trade Fair.

Represented by the Enugu Branch Manager of NSITF, Mrs Uzoamaka Oraebgu, Faleye said the fund provides financial compensation to the dependents of deceased employees to the tune of 90 per cent of total remuneration in cases of death.

He stated that the organisation provides compensation under the Employees Compensation Scheme (ECS) of the Federal Government.

He added that the ECS also provides for the rehabilitation of injured employees or counselling services to help them return to work.

“There is also compensation for injuries occurring outside the normal workplace but 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 under the ECS to a staff member 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 the payment of one per cent of the employee’s total emolument by the employer to the NSITF,” he said.

Earlier, the President of the Enugu Chamber of Commerce, Industry, Mines, and Agriculture, Mr Odeiga Jideonwu, said the role of NSITF in Nigeria’s development could not be overemphasised.

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

He said 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.

According to him, NSITF should do more to promote workplace safety through inspections, capacity-building workshops, and awareness campaigns.