Ait news on nsitf

NSITF stands for National Social Insurance Trust Fund, a Nigerian government agency responsible for managing and disbursing social insurance benefits to workers and their dependents. Here are some recent news updates on NSITF:

  1. NSITF Board Members' Tenure Extended: In February 2023, the Federal Government extended the tenure of the NSITF Board members by six months, pending the appointment of a new board. (Source: The Nation)
  2. NSITF to Pay N1.4 Billion to 1,400 Workers: In January 2023, the NSITF announced plans to pay N1.4 billion to 1,400 workers who were owed benefits. The payment was made possible through the intervention of the Federal Ministry of Labour and Employment. (Source: Vanguard)
  3. NSITF to Implement New Payment System: In December 2022, the NSITF announced plans to introduce a new payment system to ensure timely and efficient payment of benefits to workers and their dependents. The new system is expected to reduce delays and improve transparency. (Source: ThisDay)
  4. NSITF to Pay N2.5 Billion to 2,500 Workers: In November 2022, the NSITF announced plans to pay N2.5 billion to 2,500 workers who were owed benefits. The payment was made possible through the intervention of the Federal Ministry of Labour and Employment. (Source: The Punch)
  5. NSITF to Strengthen Collaboration with Labour Unions: In October 2022, the NSITF announced plans to strengthen its collaboration with labour unions to improve the delivery of social insurance benefits to workers and their dependents. The agency also pledged to engage with stakeholders to address the challenges facing the organization. (Source: Leadership)
  6. NSITF to Implement New IT System: In September 2022, the NSITF announced plans to implement a new IT system to improve the efficiency and effectiveness of its operations. The new system is expected to automate the processing of claims and payments, reducing the risk of errors and delays. (Source: Daily Trust)

These are just a few recent news updates on NSITF. If you're looking for more information or specific updates on a particular topic, feel free to ask!