THE Independent Corrupt Practices and Related Offences Commission (ICPC) has commended the management of the Nigeria Social Insurance Trust Fund (NSITF) for supporting the Fund’s Anti- Corruption and Transparent Unit(ACTU) and urged it “to identify lapses in operational system, check unethical practices and sensitize members of staff against corruption.” The …
Read More »Tag Archives: Nigeria Social Insurance Trust Fund
“I Will Leave The NSITF Better Than I Met it”– New MD/CEO
THE new Managing Director/ Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF) Barr. Oluwaseun Faleye and the Executive Director, Operations, Rt. Hon. Mojisolaoluwa Alli-Macaulay have assumed duties. In a short handover ceremony at the headquarters of the Fund on Tuesday, Barr. Faleye said his mission was to …
Read More »Tinubu Appoints MD of Nigeria Social Insurance Trust Fund
PRESIDENT Bola Tinubu has approved the appointment of Mr Oluwaseun Faleye as the new Managing Director/Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF). In a statement on Saturday by Chief Ajuri Ngelale, the President’s spokesman, he described Faleye as a legal and corporate finance specialist. “President …
Read More »Organised Labour Shuts Down NSITF Over N2.1 Billion Unremitted Salary Taxes
THE Organised Labour has shut down the headquarters of the Nigeria Social Insurance Trust Fund (NSITF) over the alleged non-remittance of N2.1 billion in consequential taxes deducted from workers’ salaries. The workers, led by the Trade Union Congress (TUC) President, Festus Osifo, and executive members of the Association of Banks, …
Read More »N17.158bn Probe: NSITF Reacts To Outrage Over Termites’ Destruction Of Vouchers
The Nigeria Social Insurance Trust Fund (NSITF) has reacted to outrage over termites’ destruction of proof of N17.158billion expenditure. Reacting, the General Manager, Corporate Affairs, Ijeoma Okoronkwo said the 2018 report by the Auditor-General of the Federation has nothing to do with the current management. Earlier a Senate committee chaired …
Read More »Alleged N17bn Fraud: Termites Destroyed Documents Of Bank Transfers, NSITF Officials Say
The Nigeria Social Insurance Trust Fund (NSITF) has failed to give tenable reasons for the spending of N17.16 billion in 2013. Officials of the agency claimed documents and payments vouchers detailing how funds of the agency were spent had been eating by termites. The management of the agency made this …
Read More »