Benue investmentproperty company’s N3.2M Debt under scrutiny

Nigeria:  The Nigeria Social Insurance Trust Fund (NSITF) has called on the Benue Investment and Property Company (BIPC) to settle its outstanding debt of N3.2 million, which was inherited by the current management

This move is aimed at facilitating the provision of enhanced social insurance services for the company’s workforce. NSITF representative Mrs. Msugh Echeno made the request during a courtesy visit to BIPC’s Group Managing Director, Dr. Raymond Asemakaha, in Makurdi.

Mrs. Echeno commended BIPC’s recent expansion efforts and urged the company to onboard over 300 staff from its newly established subsidiaries into the social insurance scheme. She emphasized that timely debt repayment would enable NSITF to sustain and improve its support for BIPC employees. In response, Dr. Asemakaha expressed appreciation for NSITF’s services and reaffirmed his administration’s dedication to prioritizing staff welfare. He instructed the Head of Administration and Human Resources Management  to liaise with NSITF for the seamless integration of new employees into the scheme, aligning with the company’s efforts to improve working conditions for its expanding workforce.

By Taiwo olatinwo/ march 14, 2025