NSITF MD assures staff of improved welfare, begins digitisation of payment records

The Managing Director /Chief Executive Officer of Nigeria Social Insurance Trust Fund (NSITF) Mr Adebayo Somefun has assured all employees of improved welfare and equal treatment irrespective of where they come from.

In his New Year message to the employees in the New Year, Somefun said the management had ensured that the result of the staff promotion examination conducted in 2016 was released with deserving staff promoted accordingly.

According to him, the management also set up the proper placement committee to ensure that deserving staff are properly placed where they rightly belong in the hierarchy of the organisation.

Somefun disclosed that the Fund had successfully commenced the digitisation of registration and payment records of all existing contributors to the Fund.

He pointed out that data digitisation is the first and most important step in tracking contribution history, identifying defaulters and crafting responsive strategies to boost collections nationwide.

The exercise, according to him, has been completed in Abuja branches and all branches in Lagos and Ibadan regions; while the digitisation project will extend to branches in all other regions in the coming months.

He stated that the management was making efforts to ensure full compliance with the Employees’ Compensation Act (2010), adding that as part of plans to enforce compliance, the House of Representatives in 2017 moved a motion to enforce compliance to the ECS.

He added that two public hearings had been held.

The NSTIF boss said when he assumed office in May 2017, he came up with a four-point agenda for the good of the organisation.

He said the agenda includes, raising the revenue base of the organisation to effectively meet its statutory responsibilities, re-branding NSITF through aggressive campaign to improve acceptance and patronage by the various stakeholders; and motivation of staff through improved staff welfare provision.

He commended the employees for putting their best and being dedicated despite the scarcity of resources

He said, “Management has succeeded in paying part of the furniture allowances of staff which has been pending since 2012, despite paucity of funds. Three tranches of payment of the furniture allowance have already been paid to all qualified staff. We promise to resume payment in the New Year and clear all outstanding as the Fund’s financial position improves.

“Management ensured that result of the staff promotion examination conducted in 2016 was released. In addition, we set up the proper placement committee to ensure that deserving staff are properly placed where they rightly belong in the hierarchy of the organisation.

“The Proper Placement Committee is still working on the exercise with a view to doing a thorough and proper job. We believe by the time they come up with their recommendations, smiles would be put on the faces of all aggrieved staff which will further motivate them to put in their best for the good of the Fund.”