The Minister of Interior, Dr. Olubunmi Tunji-Ojo has reiterated the Federal Government’s dedication to providing social security and insurance to Nigerian citizens. He said social security is very important and it is at the heart of the government of President Bola Ahmed Tinubu’s policy trust.
The Minister who made the remarks while receiving the Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Mr. Faleye Oluwaseun Mayomi in the Minister’s Office in Abuja, emphasized that social security is a critical aspect of governance, serving as a bridge between the vulnerable and the strong.
The Minister commended the Management of the NSITF for its efforts in promoting social insurance and providing compensation to employees. He acknowledged that the mandate of NSITF is wide-ranging and encouraged the agency to continue its good work.
Dr. Tunji-Ojo, urged NSITF to be creative and innovative in its approach, emphasizing the need to win the confidence of the people. He also encouraged the NSITF to explore innovative strategies to incorporate the non-formal sector workers to the formal framework taking cue from the successful model of the National Pension Commission .
Reaffirming the government’s commitment to social security and insurance, the Minister stressed the importance of protecting Nigerian citizens. As the government continues to work towards creating a more equitable society, NSITF’s role in providing compensation and support to employees will remain crucial.
Earlier in his address, the Managing Director of the National Social Insurance Trust Fund (NSITF), Mr.
Faleye Oluwaseun Mayomi, who
led a delegation to the Ministry of Interior advocated for enhanced compliance with the Employees Compensation Scheme. He said the scheme, as mandated by law, provides compensation to employees who suffer work-related accidents or injuries.
The Managing Director emphasized the importance of advocating for the benefits of the social safety net for Nigerian workers, citing the strategic importance of the Ministry of Interior and its agencies.
He added “NSITF is responsible for managing and paying compensation and claims related to employee work-related accidents, including death benefits and medical refunds”.
The Managing Director noted that the visit was aimed at addressing compliance barriers between the NSITF and relevant agencies, as well as driving strategic initiatives that benefit employees and the workforce.
Mr Mayomi said that the NSITF looks forward to collaborating with the Ministry and its agencies to promote the benefits of the Employees Compensation Scheme and enhance compliance.