The Nigeria Social Insurance Trust Fund (NSITF) has underscored the importance of its occupational safety and health (OSH) programs, stating that its effectiveness should not be solely measured by the payment of claims and compensations. Adegoke Adediji, the Executive Director of Finance and Investment at NSITF, addressed this misconception during a meeting with the Nigeria Council of Registered Insurance Brokers (NCRIB).
Adediji clarified that while NSITF does provide financial support to affected employees, its primary focus remains on preventing workplace accidents through robust OSH initiatives. He highlighted NSITF’s proactive approach, which includes collaborating with various agencies and stakeholders to implement OSH standards across all enrolled workplaces.
Under the leadership of Managing Director Maureen Allagoa, NSITF has outlined a clear vision for the future, adapting its rules and operations to keep pace with changing times. This vision includes involving the fund’s tripartite stakeholders in significant administrative decisions, such as the introduction of fees for new registrations and compliance certificates.
Representing NCRIB, President Babatunde Ogunlade commended NSITF for expanding social security services in Nigeria and expressed a desire for partnership and collaboration between the two entities.
