The Nigeria Social Insurance Trust Fund (NSITF) has announced plans to strengthen partnerships with key government agencies, including the Federal Inland Revenue Service (FIRS) and the Corporate Affairs Commission (CAC), as part of efforts to boost employer contributions and expand coverage under its scheme.
The initiative forms part of a broader reform agenda aimed at reinforcing Nigeria’s social security system and improving the Fund’s operational efficiency.
Reform Strategy Unveiled
According to a statement signed by Deputy General Manager, Corporate Affairs, Alex Mede, the Managing Director of NSITF, Barrister Oluwaseun Faleye, disclosed the new strategy during a management performance review meeting in Abuja.
The meeting evaluated the Fund’s 2025 performance and outlined policy directions for enhanced service delivery and financial sustainability in the coming year.
Participants reviewed the activities of regional and branch offices, as well as key departments, identifying operational gaps and proposing corrective measures.
Key Initiatives
Among the new measures announced are:
- Establishment of special task teams to resolve abandoned case files
- Improved employer registration drives
- Rationalization of cost-to-collection ratios
- Stronger legal enforcement against non-compliant employers
- Performance-based staff incentives and optimized resource deployment
- Enhanced collaboration with critical stakeholders
Management also highlighted plans to accelerate digital transformation, strengthen governance structures, and streamline claims processing to ensure faster compensation payments.
Digital Upgrade and Transparency
The Fund is advocating for unified databases, automated workflows, and real-time monitoring systems to improve transparency and speed up benefit disbursement under the Employees’ Compensation Scheme (ECS).
Officials stressed that improved data integration with agencies such as FIRS and CAC would help track employers more effectively, widen compliance, and increase contribution inflows.
Expanding Coverage to Informal Sector
A major focus of discussions was the inclusion of the informal economy in the Employees’ Compensation Scheme. Management called for intensified sensitization campaigns, simplified enrollment procedures, and strategic partnerships to broaden participation.
The Fund also underscored the importance of staff welfare, diversity, and mental health support as part of efforts to build a resilient and motivated workforce.
Through these reforms and inter-agency collaborations, NSITF aims to enhance financial sustainability, improve compensation delivery, and strengthen Nigeria’s social protection framework.
