Home Business 7.5m Nigerians covered under Employees’ Compensation
Business

7.5m Nigerians covered under Employees’ Compensation

Share
Share


By Bimbo Oyesola and Adanna Nnamani, Abuja

President Bola Tinubu has disclosed that over 7.5 million Nigerian workers are currently covered under the Employees’ Compensation Scheme (ECS), as part of efforts to protect employees against workplace injuries and economic shocks.

Tinubu made this known on Wednesday at the opening of the 2026 West Africa Seminar of the International Social Security Association (ISSA) held in Abuja, where he reaffirmed the commitment of his administration to strengthening Nigeria’s social protection architecture.

Represented by the Minister of Budget and National Planning, Senator Atiku Bagudu, the President said the scheme, implemented through the Nigeria Social Insurance Trust Fund (NSITF), ensures that workers and their families are not left vulnerable in the event of workplace accidents, disabilities, or death.

“Today, over 7.5 million Nigerian employees are covered under the Employees’ Compensation Scheme, ensuring that when workplace accidents or disabilities occur, families are protected from sudden economic ruin. Every compensation payment sends a clear message: those who serve this nation will not be abandoned,” he said.

Tinubu noted that since assuming office in 2023, his administration has pursued reforms under the Renewed Hope Agenda aimed at restoring economic confidence, protecting livelihoods, and expanding access to social security.  He also revealed that more than 10 million Nigerian workers are actively contributing to the Contributory Pension Scheme under the supervision of the National Pension Commission, with total pension assets exceeding N25 trillion.

According to him, the figures reflect growing trust in the nation’s pension system, stressing that the true value lies in guaranteeing dignity and financial security for workers after retirement.

Beyond workplace compensation and pensions, Tinubu highlighted other social protection interventions, including the expansion of health insurance coverage to over 16 million Nigerians through the National Health Insurance Authority.

He added that the National Directorate of Employment (NDE) has empowered more than two million Nigerians through vocational training, entrepreneurship development, and job creation initiatives.

The President further stated that targeted social intervention programmes under the Federal Ministry of Humanitarian Affairs and Poverty Reduction are supporting vulnerable households through cash transfers, food security initiatives, and livelihood support.

On housing, Tinubu said reforms under the National Housing Fund and the Renewed Hope Housing Programme are improving access to affordable housing finance for low- and middle-income earners.

He emphasised that the government is working towards an integrated and digitally enabled social protection system, where pensions, healthcare, employment support, housing, and compensation programmes operate in a coordinated manner.

In his welcome address, the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF) said the agency remains committed to strengthening social security delivery through innovation and institutional reforms.

He noted that the Fund has embarked on a digital transformation aimed at improving claims processing, enhancing transparency, and boosting public confidence in the system.

According to him, the evolving nature of work, especially the growth of the informal sector, requires more inclusive and responsive social protection systems that can meet the needs of all categories of workers.

He added that the ISSA seminar provides a platform for countries in the West African sub-region to share experiences, address common challenges such as coverage gaps and financing pressures, and develop practical solutions.

“Accessibility, effectiveness and inclusiveness must remain at the core of our systems, while digitisation should be deployed responsibly to improve service delivery and strengthen trust,” he said.

Also speaking, the Minister of Labour and Employment, Dr. Mohammed Dingyadi, reiterated the Federal Government’s commitment to safeguarding workers’ welfare through effective policy implementation and institutional oversight.

He described the NSITF as a critical vehicle for delivering social security, noting that it provides compensation for workplace injuries, disabilities, and death in line with the Employees’ Compensation Act of 2010.

Dingyadi added that the seminar offers an opportunity for stakeholders across West Africa to deepen collaboration and align with global best practices in social security administration.



Source link

Share

Leave a comment

Leave a Reply

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

Related Articles

Nigeria positioned as top destination for global capital –NIPC

From Adanna Nnamani, Abuja The Nigerian Investment Promotion Commission (NIPC) has declared...

Lagos fraudster jailed for 42 years over €80,000 scam

An Ikeja Special Offences Court on Wednesday convicted and sentenced Ndidi Joshua...

Arsenal lead race for £35m defender Emmanuel Fernandez

Arsenal are leading the race to sign Rangers centre-back Emmanuel Fernandez, with...

Tinubu sacks Edun, Dangiwa, elevates Oyedele as Finance Minister

•Shake-up signals new fiscal direction -Experts From Juliana Taiwo-Obalonye, Abuja and Chinwendu...

news-1701

sabung ayam online

yakinjp

yakinjp

rtp yakinjp

slot thailand

yakinjp

yakinjp

yakin jp

yakinjp id

maujp

maujp

maujp

maujp

sabung ayam online

sabung ayam online

judi bola online

sabung ayam online

judi bola online

slot mahjong ways

slot mahjong

sabung ayam online

judi bola

live casino

sabung ayam online

judi bola

live casino

SGP Pools

slot mahjong

sabung ayam online

slot mahjong

SLOT THAILAND

cuaca 228000590

cuaca 228000591

cuaca 228000592

cuaca 228000593

cuaca 228000594

cuaca 228000595

cuaca 228000596

cuaca 228000597

cuaca 228000598

cuaca 228000599

cuaca 228000600

cuaca 228000601

cuaca 228000602

cuaca 228000603

cuaca 228000604

cuaca 228000605

cuaca 228000606

cuaca 228000607

cuaca 228000608

cuaca 228000609

cuaca 228000610

cuaca 228000611

cuaca 228000612

cuaca 228000613

cuaca 228000614

cuaca 228000615

cuaca 228000616

cuaca 228000617

cuaca 228000618

cuaca 228000619

cuaca 228000620

cuaca 228000621

cuaca 228000622

cuaca 228000623

cuaca 228000624

cuaca 228000625

cuaca 228000626

cuaca 228000627

cuaca 228000628

cuaca 228000629

cuaca 228000630

cuaca 228000631

cuaca 228000632

cuaca 228000633

cuaca 228000634

cuaca 228000635

cuaca 228000636

cuaca 228000637

cuaca 228000638

cuaca 228000639

cuaca 228000640

cuaca 228000641

cuaca 228000642

cuaca 228000643

cuaca 228000644

cuaca 228000645

cuaca 228000646

cuaca 228000647

cuaca 228000648

cuaca 228000649

cuaca 228000650

info 328000526

info 328000527

info 328000528

info 328000529

info 328000530

info 328000531

info 328000532

info 328000533

info 328000534

info 328000535

info 328000536

info 328000537

info 328000538

info 328000539

info 328000540

info 328000541

info 328000542

info 328000543

info 328000544

info 328000545

info 328000546

info 328000547

info 328000548

info 328000549

info 328000550

info 328000551

info 328000552

info 328000553

info 328000554

info 328000555

info 328000556

info 328000557

info 328000558

info 328000559

info 328000560

berita 428011421

berita 428011422

berita 428011423

berita 428011424

berita 428011425

berita 428011426

berita 428011427

berita 428011428

berita 428011429

berita 428011430

berita 428011431

berita 428011432

berita 428011433

berita 428011434

berita 428011435

berita 428011436

berita 428011437

berita 428011438

berita 428011439

berita 428011440

berita 428011441

berita 428011442

berita 428011443

berita 428011444

berita 428011445

berita 428011446

berita 428011447

berita 428011448

berita 428011449

berita 428011450

berita 428011451

berita 428011452

berita 428011453

berita 428011454

berita 428011455

berita 428011456

berita 428011457

berita 428011458

berita 428011459

berita 428011460

kajian 638000002

kajian 638000003

kajian 638000004

kajian 638000005

kajian 638000006

kajian 638000007

kajian 638000008

kajian 638000009

kajian 638000010

kajian 638000011

kajian 638000012

kajian 638000013

kajian 638000014

kajian 638000015

kajian 638000016

kajian 638000017

kajian 638000018

kajian 638000019

kajian 638000020

kajian 638000021

kajian 638000022

kajian 638000023

kajian 638000024

kajian 638000025

kajian 638000026

kajian 638000027

kajian 638000028

kajian 638000029

kajian 638000030

kajian 638000031

kajian 638000032

kajian 638000033

kajian 638000034

kajian 638000035

kajian 638000036

kajian 638000037

kajian 638000038

kajian 638000039

kajian 638000040

article 788000001

article 788000002

article 788000003

article 788000004

article 788000005

article 788000006

article 788000007

article 788000008

article 788000009

article 788000010

article 788000011

article 788000012

article 788000013

article 788000014

article 788000015

article 788000016

article 788000017

article 788000018

article 788000019

article 788000020

article 788000021

article 788000022

article 788000023

article 788000024

article 788000025

article 788000026

article 788000027

article 788000028

article 788000029

article 788000030

news-1701