The Nigeria Social Insurance Trust Fund (NSITF) is set to disburse over N172 million in compensation to seven employees across various organizations as part of its Employees’ Compensation Scheme.
Announcing this on Wednesday at the maiden edition of the International Civil Service Conference in Abuja, NSITF Managing Director, Barrister Oluwaseun Faleye, emphasized the Fund’s capacity to cushion the impact of work‑related incidents and support affected employees and their families.
He revealed that the NSITF recently paid a total of N43.7 million to one employee of the National Assembly and the family of a deceased staff member of the Planned Parenthood Federation of Nigeria.
“Earlier this year, we paid N25 million to an employee of the National Assembly who suffered a work‑related injury, and just last week, we presented a cheque of N18,652,908.20 to the family of a deceased staff of the Planned Parenthood Federation of Nigeria,” he stated.
“Next week, in fulfillment of our commitments under the Scheme, we will be presenting cheques of N31.1 million to an employee of Nestlé Nigeria Plc, N4.9 million to an employee of Polaris Bank, and N15.4 million to an employee of Medplus.
“Other payments include N86 million to an employee of Mobil Producing Nigeria, N15.6 million to an employee of Zenith Bank Plc, N7.8 million to an employee of Alexander Marius Investment Limited, and N11.7 million to an employee of Unity Bank Plc,” he added.
Call for Greater Adoption of the Scheme
Barrister Faleye expressed concern over the low level of implementation of the Employees’ Compensation Scheme across state and local government levels, as well as in the public sector.
“Can you imagine how many of our colleagues in the public sector could have benefited from this scheme if it had been robustly institutionalized? Imagine the protection it would provide for employees across Nigeria’s 774 Local Government Areas, 36 States, and the FCT. This support can help workers and their families recover from the financial and emotional strain caused by work‑related accidents, allowing them to return to work or maintain a reasonable quality of life,” he said.
Prioritizing Rehabilitation and Workplace Safety
The NSITF Managing Director also emphasized that the Employees’ Compensation Scheme goes beyond payments — it focuses on the rehabilitation of injured or ill employees, aiding their recovery and return to work. “This promotes a more productive and resilient workforce,” he stated.
He further highlighted NSITF’s role in accident prevention, saying, “Through occupational health and safety audits and awareness programs, we help employers create safer work environments and reduce incidents that can lead to compensation claims. This is what resilience looks like — knowing that when you give your best to serve, the system will support you when challenges arise.”
Call to Action
Barrister Faleye urged stakeholders to champion the Scheme and ensure its widespread implementation across state and local government levels. “This is about operationalizing the law and building a social safety net for the benefit of every worker. At NSITF, we reaffirm our commitment to service, efficiency, and transparency in the management of the Fund for compensation and rehabilitation. Let us activate the safety net required for a resilient civil service, so every staff member can give their best to the transformation of society,” he concluded.