Nsitf chairman promised to guard employees’ rights

Of Romanus Ugwu, Abujah

The board chairman, Nigeria Social Insurance coverage Belief Fund (NSITF), engineer Sola Olofin, emphasised the necessity to shield employees’ rights and promote a secure work atmosphere throughout the nation.

Olofin, who spoke in regards to the assumption of workplace in Abuja, praised President Bola Ahmed Tinubu for entrusting him with the vital task, and he promised to not take the duty evenly, bearing in mind the burden of the expectations related to it.

He stated that the Worker Compensation Act (ECA) 2010, which arrange the workers’ compensation scheme (ECS) underneath the NSITF, will strengthen the dedication to the welfare and dignity of Nigerian employees.

“When it comes to part 3 of the ECA, the fund is instructed to supply complete compensation for workers affected by job -related accidents, ailments or deaths.

‘This mandate isn’t just a authorized obligation; It’s a ethical crucial. That is the premise on which a good and equitable labor atmosphere is constructed. Staff are the lifeblood of our financial system, and their effectively -being should stay a precedence if we need to obtain sustainable nationwide improvement. “

“As I assume, I need to make it clear that my imaginative and prescient for the NSITF is one among transparency, effectivity and accountability. We should reposition the fund as a world acknowledged social safety establishment trusted by employers, staff and most people. To attain this, we have to concentrate on key strategic areas: strengthening compliance and protection. ”

Olofin additional warned that: “Many employers in Nigeria don’t but absolutely adjust to the provisions of the workers Compensation Act. Article 33 of the ECA makes it obligatory for all employers to give up their contributions to the fund.

“We have to work carefully with stakeholders, together with commerce unions, regulatory companies and the personal sector, to develop the extent of compliance and make sure that every is eligible underneath the scheme,” he famous.

On his operational goal, he stated: ‘We’ll set stricter monetary controls, implement transparency and make sure that each Naira transferred to the NSITF is used just for the good thing about staff and employers contributing to the scheme.

“The success of this establishment depends upon the standard of its workforce and the cooperation of all stakeholders. We’ll spend money on coaching and capability improvement for our workers to enhance professionalism and repair supply.

“As well as, we are going to strengthen our involvement in labor organizations, employer associations and related authorities companies to construct a sturdy and collaborative framework for social safety,” he promised.