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Pension scam in Nigeria: Role of regulator

IN recent month’s reports of pension scam carried banner headlines in the country’s news Media, both print and electronics resulting to probes on pension administration by special committees of both the Senate and House of Representatives. Some of the well-published scams are those of the Office of Head of Service of the Federation, Police pension and PHCN.

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NSITF reads riot act to employers over employee’s compensation scheme

THERE was no better opportunity than the inaugural Nigeria Social Insurance Trustfund, NSITF/ Nigeria Employers’ Consultative Association, NECA,organised national workplace safety awareness day/ award ceremony, in Lagos, for NSITF to inform recalcitrant employers that they will hence forth face sanction if they fail to comply with Employee’s Compensation Scheme, ECS, a fall-out of Employee’s Compensation Act, ECA, 2010.

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Human capital development, training, re-training of workers, our priority – Oshiomhole

COMRADE Adams Aliyu Oshiomhole, as President of Nigeria Labour Congress, NLC, did not only fight for jobs, but for decent jobs as was witnessed in his anti-casualisation campaigns. Now as Governor of Edo State, Comrade Oshiomhole, after positively impacting on the lives of people of Edo State directly through new roads, renovated schools, clinics, hospitals; water and electricity projects, mass transit buses, employment generation, paying wages as when due, but has given indication of plans for human capital development among others.

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Workers, NSITF parley on Employees Compensation scheme

WEDNESDAY, October 31st provided an opportunity for a selected group of workers under the umbrella of the Lagos state branch of the Nigeria Labour Congress, NLC, to abreast of the operations of the Employees Compensation Scheme, ECS, a fall-out of Employee’s Compensation Act, ECA, and also raise issues. It was an interactive session with the management of the Nigeria Social Insurance Trust Fund, NSITF,in Lagos, facilitated by Unite Consult Limited.

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