The Nigeria Social Investment Trust Fund (NSITF) has announced the payment of several major claims to enrollees under its Employees Compensation Scheme (ECS). According to the Fund’s Managing Director, Oluwaseun Faleye, the payouts include N90 million to an employee of Seplat, an indigenous energy company; N30 million to a Nestlé PLC worker; N17 million to an employee of MedPlus; and N11 million to a worker of Unity Bank.
The ECS, governed by the Employees’ Compensation Act (ECA) of 2010, is a mandatory social‑insurance program for public and private sector employees. The Act requires employers to register with the NSITF and contribute to an Employee Compensation Fund that provides compensation for work‑related death, injury, disease, or disability. Faleye highlighted the significance of these claims, stating that they represent real families whose lives have been restored. He emphasized that processing and approving such claims is part of the Fund’s day‑to‑day responsibility, and that the NSITF will continue to do so diligently.
The NSITF reported a 56 % increase in claims payments this year compared with the previous year, attributing the rise to an improved claims process. In parallel, the Fund has been promoting workplace safety and accident prevention through various initiatives. It collaborates with the Nigeria Employers’ Consultative Association (NECA) on the Safe Workplace Intervention Programme (SWIP), under which the NSITF and NECA visit workplaces nationwide to promote safety standards, conduct audits, and share best practices with employers. The Fund also works closely with the Federal Ministry of Labour and Employment during factory inspections, focusing on health and safety oversight, and has partnered with the Institute of Safety Professionals of Nigeria to expand outreach and share knowledge across industries.
These collaborations aim to foster a culture of safety in Nigerian workplaces, emphasizing the importance of preventing accidents and reducing the need for claims processing. The NSITF’s combined efforts to promote workplace safety and provide compensation to employees who suffer work‑related injuries or illnesses demonstrate its commitment to supporting the well‑being of Nigerian workers and their families. As the Fund continues to refine its claims process and advance safety initiatives, it is likely to have a positive impact on the lives of many Nigerians.
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