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FG issues Circular on Mandatory Employees’ Compensation Contributions by MDA’s

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  • As ASSBIFI Commends NSITF’s MD

The Federal Government has issued a circular for the commencement of the mandatory contributions of 1% of the emoluments of all public servants to the Employees’ Compensation Scheme of the Nigeria Social Insurance Trust Fund(NSITF)

The Federal Government through a circular dated September 22, 2023 and signed by the Secretary to the Government of the Federation, Chief George Akume and copied to all Arms of the Federal Government and agencies under them, recalled that the Extraordinary Session of Federal Executive Council under President Buhari had on Monday, May 15, 2023 given approval for statutory 1% e-deduction from the total emoluments of the Federal Public Servants as Employee Compensation contributions, with effect from January 2023.

The circular stated that the Minister of Finance is directed to “deduct the contributions from source and remit same to the NSITF for the payment of claims and compensations to deserving beneficiaries for death, injury, disease or disability sustained in the course of duty as provided in the Employees’ Compensation Act, 2010, Act No. 13.” It further directed all ministries, departments and agencies to “ensure strict compliance with the circular.”

Breaking the news on the Federal Government Circular while on an official visit to the new office, housing the Abuja Region and FCT Branch of the Fund in the Maitama area, Friday, the Managing Director of the NSITF, Barr. Maureen Allagoa eulogised the bold decision of the Federal Government, saying that the Fund has further been energised to deliver on its responsibilities to the Nigerian workers.

She said, “yesterday, we received a circular from the office of the Secretary to the Government of the Federation, making it compulsory for 1% contribution from the total emoluments of public servants to be compulsorily remitted to the NSITF in view of the Employees’ Compensation Act.

“This is a giant plus to our charge as the nation’s core social security agency as it will give a big push to the momentum of our operations in their ramifications. There shall be no excuses on our own part in fully keying into the Renewed Hope Agenda of the Federal Government. The effort is collective and we shall not rest on our oars until we reach out to all Nigerian workers whether in the formal or informal sector.”

She also stated that the fact that the current Federal Government has taken this “bold and great step means we are moving in the right direction.” Observing that the urgency given to securing a new office for the Abuja region and the FCT branch was in line with her commitment to decent work, Allagoa re-assured the workers of “rights at work, human dignity, social protection and dialogue in line with the Decent Work Agenda of the International Labour Organisation.”

“We have gone round and observed some challenges which will be tackled forthwith. Staff should feel comfortable, your welfare is key because once we get the staff welfare correct, everything falls in place in terms of performance.

“Earlier in the year, some buses were procured and sent to offices in each region to ease operations. And recently, we received another batch of ten buses for distribution while the rest will come at the end of the year.

“To further boost morale, management is putting together a reward package for those staff who personally and collectively distinguish themselves in the performance of duty. The measure will spur others on.

“Besides, we are working out a new three-tier structure for MPR. First is the monthly online engagement with branch and regional managers to keep track of their performance, then the quarterly regional MPR – where two or three regions will be brought together at a centre with delegates sent from the head office and finally, the biannual MPR.” She equally commended the staff of the Abuja region and the branch for their sterling performance in meeting up with their targets. Allago was accompanied on the visit by the Executive Director, Finance, Adegoke Adedeji who urged staff members to remain resilient, General Manager, Compliance, Kabir Maaji, General Manager, Jonah Nedamanya among others.

In a response to the address of the Managing Director, the domestic chapter of the Association of Senior Staff of Banks, Insurance and Financial Institutions(ASSBIFI) extolled Allagoa for her deep commitment to the Decent Work and steadfastness to social dialogue in the resolution of disputes .

ASSIBFI who spoke through its Abuja Region’s Public Relations officer, Godwin Ekpa assured her of the support of the workers in her effort to re-engineer the fund.

He went further, “I want to start by recognising the fact that your management showed promptness in relocating the Abuja region and the FCT branch to this new office when we raised alarm of over the condition of the former office. And for you to visit us here in less than three weeks we re-located, demonstrates the extent you care for the staff.” He further lauded the equitable manner the result of the last CTB examination was handled and further urged that the sense of justice be brought in determining the fate of others who sat for the management examination last year.

Similarly, the Abuja Regional Acting Manager, Alexandra Mede said the distinction which the Managing Director brought in the discharge of her responsibilities since appointment, has marked her out as a listening and competent team leader, while Sample Ogbonna of the FCT branch said the new office accommodation has set his branch on a pedestal for optimum performance.

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Akran of Badagry is dead, aged 89

The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.

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Photo: Akran of Badagry, De Wheno Aholu Menu-Toyi

The traditional ruler of the Badagry local government area in Lagos State, the Akran of Badagry, De Wheno Aholu Menu-Toyi, is dead, aged 89.

The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.

According to the palace, the Akran was pronounced dead by medical experts, after a brief illness, and the traditional rites for his burial have gradually commenced.

Residents of Badagry, who are currently mourning the loss of their revered monarch, described his death as a heavy blow, noting that the town has lost not just a king but a father figure whose wisdom, counsel and presence brought reassurance in moments of uncertainty.

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Osun sues UBA, officials to court over illegal LG accounts

They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories…

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• Map of Osun State

The Osun State Government has instituted a criminal case against United Bank for Africa Plc (UBA) and four of its top officials over alleged illegal opening of local government accounts.

Tribune newspaper reported that the Chief Magistrate Court, sitting in Osogbo, Osun State, has fixed January 30 for the hearing of the case, marked Charge No: MOS/601c/2025.

The defendants in the suit are: the UBA Plc, its Group Managing Director, Mr Oliver Alawuba, the Company Secretary and Group Legal Adviser, Mr Billy Odum and the Deputy Managing Director, Mr Chukwuma Nweke.

In the charge sheet, the government filed the 31-count charge against the bank and its officials, with each count relating to alleged infractions involving opening of bank accounts for the state’s 30 local government councils.

In count one, the prosecution alleged that the defendants, on or about December 9, 2025, and on subsequent days, at UBA’S Osun State branch office located in the Olonkoro area of Osogbo, conspired to commit a felony by opening, operating and maintaining what it described as illegal Osun State Local Government Council accounts.

The alleged offence, the charge stated, occurred within the Osogbo Magisterial District and is said to be contrary to and punishable under Section 516 of the Criminal Code, Cap 34, Volume 2, Laws of Osun State of Nigeria, 2002.

They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories” after the Local Government Service Commission had introduced to the defendants, Directors of Administration and General Services and Directors of Finance of all the local governments as signatories to the councils’ statutory accounts “and thereby committed an offence contrary to Sections 2 and 3 (1) and (2), and punishable under Section 5(1) and (2) of Osun State Local Government Accounts Administration Law, 2025.”

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Umahi: We’re not tolling Third Mainland Bridge

Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.

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• Third Mainland Bridge

The Minister of Works Senator Dave Umahi has confirmed that the Federal Government has no plan to toll the rehabilitated Third Mainland Bridge in Lagos.

Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.

He said : “We will not engage construction on this bridge because it will entail static load on the bridge.

“It is also within the town, so it will introduce many bottlenecks; that is why we are not tolling this bridge,” he said.

Umahi said that security would be handled by the police, noting that the 11-kilometre bridge would have a five-minute response time.

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