The Nigeria Social Insurance Trust Fund (NSITF) has announced plans to disburse more than N172 million in compensation to seven employees from various organisations under the Employees Compensation Scheme (ECS).
This was revealed by NSITF’s Managing Director, Mr. Oluwaseun Faleye, in a statement issued by the agency’s Deputy General Manager and Head of Corporate Affairs, Alexandra Mede.
Speaking at the inaugural International Civil Service Conference held in Abuja, Faleye emphasized that the NSITF is financially positioned to offer meaningful support in cases of workplace injury, illness, or death.
“Our resources are robust enough to cushion the impact of unfortunate workplace incidents,” he said.
Faleye shared that the Fund recently paid N43.7 million in benefits, including N25 million to a National Assembly employee who sustained a work-related injury, and N18.65 million in death benefits to the family of a deceased employee of the Planned Parenthood Federation of Nigeria.
He further disclosed that in the coming week, the Fund will present additional compensation cheques, including:
- N31.1 million to an employee of Nestlé Nigeria Plc
- N4.9 million to a staff member of Polaris Bank Limited
- N15.4 million to an employee of Medplus
Additional payments include:
- N86 million to a worker from Mobil Producing Nigeria
- N15.6 million to an employee of Zenith Bank Plc
- N7.8 million to a staff member of Alexander Marius Investment Limited
- N11.7 million to an employee of Unity Bank Plc
Despite these payouts, Faleye expressed concern over the limited implementation of the ECS in state and local governments, as well as across public sector institutions.
“Imagine the difference this Scheme could make if fully adopted across the 774 Local Government Areas, 36 States, and the FCT. The ECS provides a critical safety net for employees and their families, helping them cope with the financial and emotional strain of workplace incidents,” he said.
He also highlighted the Scheme’s role in rehabilitation, enabling injured or ill workers to recover and reintegrate into the workforce.
“Supporting employees’ return to work is central to our mission. We aim to build a more resilient workforce through rehabilitation and reintegration,” Faleye added.
The NSITF chief underscored the importance of prevention, pointing to the Fund’s occupational health and safety programs, including audits and awareness campaigns aimed at reducing workplace injuries and fatalities.
“We actively promote safety measures in the workplace to reduce incidents before they happen. This is the proactive approach needed to build a healthier, safer, and more productive workforce.”
Faleye called on stakeholders to become advocates for the ECS in their respective regions and institutions.
“Let’s put this law into action. The ECS is more than a policy—it’s a lifeline. It represents the kind of resilience we need: knowing that the system is ready to support you when challenges arise,” he said.
He concluded by reaffirming NSITF’s commitment to transparency, accountability, and service.
“We are dedicated to ensuring the Scheme operates efficiently, meets expectations, and remains a reliable support system for Nigerian workers. Let’s work together to build a civil service that is resilient and empowered to drive societal transformation.”
