nsitf

N3.4bn NSITF scam - Panel to probe Somefun, Kemi Nelson

₦3.4bn NSITF scam: Panel To Probe Somefun, Kemi Nelson

The Federal Government has set up a Presidential Joint Board Audit Investigation Panel to probe alleged ₦3.4 billion financial infractions levelled against the suspended Managing Director of the Nigeria Social Insurance Trust Fund, NSITF, Adebayo Somefun and three other directors.

The suspended directors are: Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment; Mrs Olukemi Nelson, ED, Operations and Alhaji Tijani Darazo Sulaiman, ED, Administration. 

Minister of Labour and Employment, Chris Ngige, set up the panel on Thursday.

The panel is chaired by Ibrahim Khaleel of the Nigeria Labour Congress and Chairman of the Audit Committee …

NSITF Targets Informal Sector In Expansion Project

In a bid to ensure that all workers in the country are well protected and taken care of from injury, the Nigeria Social Insurance Trust Fund (NSITF) has commenced widening its net to cover workers in the informal sector.

This is even as the organization has paid over N3 billion by September 2019 as compensation to different degrees of injury including death.

Speaking at the Fund’s special day at the just concluded Lagos International Trade Fair at the weekend, the NSITF Lagos General Manager, Mrs. Olufunke Alesinloye said the Fund is already holding meetings with members of the informal sector …