Two-Years after Ngige Inaugurates New NSITF Board

Two-Years after Ngige Inaugurates New NSITF Board

The minister of Labour and Employment, Chris Ngige, has inaugurated the new National Social Insurance Trust Fund (NSITF) board after a two-year delay. The inauguration of the new board comes a day after the Presidency  through his Special Adviser on Media and Publicity, Femi Adesina, said Ngige, had the backing of President Muhammadu Buhari in

The minister of Labour and Employment, Chris Ngige, has inaugurated the new National Social Insurance Trust Fund (NSITF) board after a two-year delay.

The inauguration of the new board comes a day after the Presidency  through his Special Adviser on Media and Publicity, Femi Adesina, said Ngige, had the backing of President Muhammadu Buhari in all the actions he (Ngige) had taken concerning the NSITF.

Ngige while inaugurating the new board in Abuja, on Monday, said that the two-year delay in the inauguration is as a result of massive looting in the organization between 2012 and 2015.

According to the minister, between that period, the sum of N62.5 billion was contributed out of which N48 billion was unaccounted for and N25 billion was withdrawn without vouchers.

The past board members are currently being investigated by the Economic and Financial Crimes Commission (EFCC).

Ngige, however, charged the new board to resist the temptation of fixing special allowances for themselves urging them to execute their duties fairly and transparently, he went further to advice them to focus on staff welfare, not personal enrichment.

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