TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

FEC approves e-NSITF to halt revenue losses

The Citizen by The Citizen
June 23 2022
in Governance
A A
0
Living wage – The Nation

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, has approved the digitisation of the services of the National Social Insurance Trust Fund (NSITF) to be known as e-NSITF.

Minister of Labour and Employment, Chris Ngige disclosed this to State House Correspondents saying the digitisation of NSITF was in line with the government’s policy on ease of doing business. He said the policy would curtail losses in the system.

“The ministry presented two memos to the council today. The first memo was presented on behalf of our parastatal, the Nigeria Social Insurance Trust Fund (NSITF). As you’re aware, a lot has happened in the NSITF in terms of revenue loses and plunder of funds that have been given to that organisation.

“The NSITF implements the Employee Compensation Act ECA 2010 and by that Act, Employers in both public and private sectors are supposed to pay one percent of the emoluments of their staff into a social fund in NSITF. And this one is to be used as a premium or insurance fund to cater for workers or staff members who have accidents, injuries, disabilities and even deaths that occur in the cause of their work.

“The pension Act makes reference to it that it must be done for workers in addition to group life. So, the monies that have gone in there have not been properly utilised, the payments have not been tracked. So, today we brought to council a memo for an e-NSITF by which their operations will now be digitalised. Both the payments that are put in from any of their stations, they have 56 branches and 11 regional offices. So in the comfort of your office, you can pay and register on that platform and that money is now tracked into a Central pool, form where claims are made and payments are also made for the insurance of those who are beneficiaries, you also track them.”

Ngige said the new strategy would enhance the efficiency of NSITF as well as block leakages.

FEC also approved the enactment of the Federal Produce Inspection Service Bill 2022, for onward transmission to the National Assembly for passage.

Ngige said the council also approved an upgrade of a portal called Nigerian Labour Exchange (NILEX), to withstand requests by both employers and employees within and outside the country.

“That digital platform is supposed to be used by employers on one hand and job seekers on the other. The employers will load the vacancies they have, the type of skill they want, the qualifications of people that can fit in there. Then the job seekers, graduates and non-graduates will register, put in the qualification and skill  and then the two groups are matched. The employer can speak with a job seeker, via that platform.

“Over the years we have not been able to expand it. But on a bilateral, multilateral agreement now the funds have been provided. So we are redesigning it, remodelling it, and then upgrading the infrastructure.

“Council approved that consultant should also handle  that with a completion period of 12 weeks. With that we have passed the first stage of digitalising that particular platform. And one of the good things about that platform now is that when it becomes operational, all those phoney platforms that ask people to register for work, pay in N1000 or N20,000, will become a thing of the past because this will be a government platform. And when you go there, you know is a genuine platform.

“Apart that, people in diaspora can also upload their expertise and tell Nigerians, what they have that qualify them for special jobs and if they are employers in Nigeria that need them, again they’ll be handshake through that same portal.”

Minister of Industry, Trade and Investment, Niyi Adebayo said  the proposed law is to repeal the Produce Enforcement of Standards Act 2004, which is currently in place.

Adebayo said when passed, the new law will enable the ministry to establish five laboratories across the geo-political zones of the country, for microbial analysis of agro-products for local consumption and export.

“The justification for the memo is primarily of the need to have an all-encompassing produce inspection regime in Nigeria that is capable of ensuring best practices in the export of produce from Nigeria. The proposed bill seeks to correct the shortcomings in the previous law. For instance, the organisational structure to which the law applies, which has increased to 72 from 16, the location covered by emergency orders for pest control use in the event of an outbreak.”

The consultancy which is at the total sum of about N1.4 billion to Messrs Tata Consulting Engineers in partnership with Messrs Abigrants limited has 24 months completion period.

Previous Post

Court orders interim forfeiture of Dasuki’s property

Next Post

Buhari heads to Rwanda for Commonwealth meeting

Related Posts

Senate considers Tinubu’s N10.79tn foreign loan request
Governance

Senate considers Tinubu’s N10.79tn foreign loan request

November 5 2026
FG vows crackdown on inflated public contracts
Governance

FG vows crackdown on inflated public contracts

November 2 2026
Tinubu jets to Makkah for Umrah
Governance

Tinubu jets to Makkah for Umrah

October 29 2026
Reps propose commission to track, manage FG assets
Governance

Reps move to halt school fee hikes, probe 100% increases in public institutions

October 27 2026
Why Peter, Paul may never reconcile — Henry, P-Square’s brother
Governance

Police IG proposes 200% gratuity for retired officers

October 26 2026
South East Assemblies back state police, warn against political abuse
Governance

South East Assemblies back state police, warn against political abuse

October 22 2026
Next Post
Buhari heads to Rwanda for Commonwealth meeting

Buhari heads to Rwanda for Commonwealth meeting

Senate removes direct primary clause, passes electoral act amendment

Senate to screen ministerial nominees next week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

ODDITIES

Man stabs neighbor to death over roasted meat

Man stabs neighbor to death over roasted meat

by The Editor
November 5 2026
0

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

GLOBAL NEWS

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

by The Editor
November 2 2026
0

...

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

by The Editor
November 2 2026
0

...

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

by The Editor
October 27 2026
0

...

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

by The Editor
October 27 2026
0

...

Netanyahu orders army to prepare for full West Bank closure after attack

Netanyahu orders army to prepare for full West Bank closure after attack

by The Editor
October 23 2026
0

...

State of the States

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Enugu Air secures approval for Lagos–London route

Enugu Air secures approval for Lagos–London route

November 5 2026
Man stabs neighbor to death over roasted meat

Man stabs neighbor to death over roasted meat

November 5 2026
IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender

2027: Tinubu has no business remaining in power, says Tambuwal

November 5 2026
FG outlines criteria for N50k cash grant beneficiaries

FG outlines criteria for N50k cash grant beneficiaries

November 5 2026

EDITORIAL REVIEW

Nigeria’s damning food affordability crisis – Punch

Nigeria’s damning food affordability crisis – Punch

by The Editor
November 2 2026
0

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Nigeria’s inflation rate falls to 15.43% in July

Economic stability must become shared prosperity – Punch

by The Editor
October 22 2026
0

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Opinion

NAFDAC mops up Europharm products nationwide

What is a Nigerian’s life worth?

by The Editor
November 2 2026
0

...

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.