NSITF to enforce registration of employers, seeks amendment of act

The Nigeria Social Insurance Trust Fund (NSITF) says it will soon begin the process of mandating defaulting employers to immediately register with the fund. The Managing Director and Chief Executive of the fund, Adebayo Somefun,  disclosed this to the News Agency of Nigeria (NAN) in Abuja. He said that although government had made NSITF registration […]

The Nigeria Social Insurance Trust Fund (NSITF) says it will soon begin the process of mandating defaulting employers to immediately register with the fund.

The Managing Director and Chief Executive of the fund, Adebayo Somefun,  disclosed this to the News Agency of Nigeria (NAN) in Abuja.

He said that although government had made NSITF registration mandatory for companies executing government contracts, many were still defaulting.

Somefun added that the NSITF had employed dialogue for too long and would soon begin to sue recalcitrant employers.

He expressed regrets that the penalty stipulated in the NSITF Act for defaulting employers of labour was small and was not serving as a deterrent.

The NSITF, he said, would seek an amendment of its establishment Act and the Employees Compensation Act so that employers of labour could be more compelled to enrol.

“Dialogue is very important, we will try to persuade them and also use the apparatus of government and the law. 

He  added that any injured employee could be trained or rehabilitated under the NSITF scheme in any vocation suitable for the current condition.

Somefun said that the fund had made it a point of duty to complete any request for compensation within two weeks,  adding that he would work to bring the processing time down to days. (NAN)