6.8m workers covered as NSITF pushes stronger retirement protection
By Victor Ahiuma-Young The Nigeria Social Insurance Trust Fund, NSITF, has disclosed that about 6.8 million workers are currently covered under its Employees’ Compensation Scheme, ECS, as it pushes for stronger institutional protection of workers before and after retirement. The Managing Director/Chief Executive of NSITF, Mr Oluwaseun Faleye, made this known while presenting the Fund’s […]
FG injects N90bn into Police Pensions
By Victor Ahiuma-Young THE Federal Government has injected over N90 billion into police pensions, marking a major boost to retirement welfare and easing years of hardship associated with delayed payment of accrued pension rights for retired police officers. Head Business Development and Marketing, NPF Pensions, Chukwuma Ohaka, informed that the intervention follows significant progress in […]
Benue pensioners take plight to streets of Makurdi
The pensioners warned that they would embark on a two-day statewide peaceful protest if their long-standing demands were ignored
Social security: NSITF launches nationwide safety drive to save Nigerian workers
The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Olúwaceun Faleye, has launched a nationwide workplace safety initiative aimed at protecting Nigerian workers and boosting productivity. Faleye announced the initiative at a press conference to flag off the 2025 Safe Workplace Intervention Project (SWIP), a collaboration between NSITF and the Nigeria Employers’ Consultative Association […]
Old-age poverty looms over informal sector pension crisis, FIWON warns
FIWON has warned that millions of Nigerians in the informal sector risk falling into old-age poverty due to the failure of micro-pension scheme
PenCom to continue engaging states over pension shortfalls, compliance remains low
By Victor Ahiuma-Young The National Pension Commission, PenCom, has promised to intensify engagement with state governments over pension shortfalls, disclosing that compliance with the Contributory Pension Scheme, CPS, remains low across the country. The Director General of PenCom, Ms. Omolola Oloworaran, said that although some states have shown relatively higher compliance with the CPS, the major concern […]
