Nigeria: The Nigeria Social Insurance Trust Fund (NSITF) has processed 22,350 claims in 2024, ensuring timely support for beneficiaries of the Employees Compensation Scheme (ECS).
The Fund aims to be innovative and proactive in meeting the rising expectations of its beneficiaries. Managing Director Oluwaseun Faleye disclosed that the organization is leveraging technology to facilitate its registration process, improve transparency, and trust.
The NSITF has expanded its outreach to 13 regions, creating five new branches across the country, bringing the total number of branches to 62. The Fund now covers 183,528 employers and 7,616,476 employees. Additionally, the NSITF has conducted 3,250 health and safety audits, 808 investigations, 2,035 awareness initiatives, and 248 follow-up audits.
Faleye emphasized the importance of partnerships with other agencies to facilitate the delivery of the ECS mandate, including amplifying awareness and compliance among employers and employees. The NSITF aims to exceed its targets, ensuring it remains a beacon of hope and support for all Nigerians.
By Taiwo olatinwo/ February 28, 2025
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