NSITF reiterates commitment to social investment, extends social security service to SMEs

Nigeria Social Insurance Trust Fund (NSITF) has reassured commitment and determination to drive President Bola Tinubu-led administration’s eight-point agenda through strategic social investments that will benefit businesses and citizens at large.

Managing Director of the fund, Maureen Allagoa, added that the agency is positioned to lead the actualisation of the president’s agenda on health, education, social investment as well as in agriculture.

A press statement by Mr Nwachukwu Godson, the Managing Director, Corporate Affairs, NSITF, stated that the NSITF boss, at a workshop on ‘The Role of the NSITF and the Delivery Task Team in Actualising the Government Eight Priority Areas under the Ministry of Labour and Employment,’ noted that the NSITF has launched an initiative to improve the lives of Nigerians through an enhanced human and capital development.

Allagoa said, “The NSITF, as the leading social security institution in Africa with over 60 years’ experience in the social security sector, has a huge role and responsibility in the actualisation of these key priority areas, particularly the key priority area number six that speaks to social investments to improve the lives of Nigerians and enhance human and capital development.

“We have commenced a strategic drive into the informal sector of the economy with a view to providing social security services for employees through our close collaboration with Small and Medium Enterprises (SMEs) using their various associations and bodies.

“This strategy extends even to associations and umbrella bodies of SMEs in the agricultural sector with a view to improving productivity and boosting food production, which will invariably enhance food security. This aligns with the key priority area number three, which speaks to boosting agriculture and achieving food security.”

She went on to say that the NSITF, with 57 branches and 12 regional offices across the nation and over 5,000 staff strength of diverse academic backgrounds, has a strong institutional memory and database to provide leadership in data generation, storage and sharing same with relevant agencies towards success in the eight key priority areas of the Tinubu administration.

Meanwhile, the fund’s Executive Director of Administration, Professor Gabriel Okenwa, emphasised the crucial importance of policy coordination for the success of any organisation.

He said, “Policy coordination is vital for the success of any organisation. It ensures that our activities are aligned with the overarching vision, maximising our impact and effectiveness.”

Prof. Okenwa further encouraged the heads of various departments within the NSITF to ensure effective implementation of gains from the training, underscoring the significance of putting the acquired knowledge into practice.

Also, Executive Director, Operations, Mr Modu Gana, conveyed gratitude to the trainers from the president’s office for their exceptional work and expressed optimism that the tasks ahead were achievable through collaborative efforts and continued support.

In addition, Mr Adedeji Adegoke, the Executive Director of Finance and Investment, pledged the fund’s continued support for the initiatives highlighted by the Central Delivery Coordination Unit. He expressed confidence in the collaborative efforts to drive the actualisation of the government’s priorities.

The keynote address by the Special Adviser to the President on Policy Coordination and the Head of Central Delivery Coordination Unit (CDCU), Hajia Hadiza Bala Usman, was read by Esege Ebei Esege, who is the Coordinator of the CDCU while a facilitator from the Office of the Secretary to the Government of the Federation (OSGF), Mrs Chioma Nzewi, delivered a paper on priority six of the eight-point agenda on education and on social investment during the training.

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Source:

Tribune Online