The Nigeria Social Insurance Trust Fund (NSITF), weekend said that it is extending its operations into other areas of the ILO Convention 102 as a sure way to key into the Eight-Point Agenda of the Tinubu administration on social security, economic empowerment and poverty reduction.
In an exclusive interview in Abuja, the Managing Director of the NSITF, Barrister Maureen Allagoa said that in addition to the current coverage of employment injury and invalidity benefits of the Employee Compensation Scheme 2010, the fund has further developed a support package to aid the comprehensive poverty alleviation agenda of the Federal Government.
“There are other areas of the ILO Convention 102 such as old age benefits, unemployment benefits, and family benefits among others which are integral to our social security mandate. We are exploring ways to bring them on board to broaden the space of benefits and categories of beneficiaries of the ECS.”
On the going fact-finding committee set up by the Minister of Labour and Employment to look into the challenges in the Fund, Allegra said she has appeared before the Committee and made submissions, noting she was the wrong person to speak on the matter. “I made submissions before the committee because I have nothing to fear or hide. I know detractors within are fabricating all manner of lies about the current management of the Fund, but the truth is coming to light before the committee.
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