The Presidency has finally waded into the leadership crisis of the Nigeria Social Insurance Trust Fund which has pitched the Nigerian Labour Union against the Minister of Labour and Productivity, Dr. Chris Ngige.
The Presidency also expressed deep concern and regrets over the turn of events that culminated in a skirmish at the private residence of the Minister of Labour and Employment. “That the NSITF is a 100 percent Federal Government of Nigeria owned insurance parastatal under the supervision of the Federal Ministry of Labour and Employment, designed for the role of insuring workers in the public and private sectors. The organization is empowered by law to implement the Employee Compensation Act 2010 with mandate to insure workers and pay them compensation for accidents, deaths and injuries in the course of work.
“All actions taken by the Minister of Labour and Employment towards the resuscitation and repositioning of this ailing agency, including the Administrative Panel of Inquiry into the affairs of NSITF and the suspension of the inauguration of the board in 2018 were part of the special work plan approved for the Minister by Mr. President.
“Others also approved as Non-Executive Directors are two members to represent the Nigerian Labour Congress , two members to represent the Nigerian Employers’ Consultative Association and one member each to represent the Central Bank of Nigeria and the Federal Ministry of Labour and Employment.
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