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FG issues Circular on Mandatory Employees’ Compensation Contributions by MDA’s
- 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.
News
NMDPRA, EFCC Storm Illegal Chinese Refinery in Ogun (Video)
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and operatives of the Economic and Financial Crimes Commission (EFCC) on Tuesday stormed an illegal Chinese-operated refinery in Ogere-Remo, Ikenne Local Government Area of Ogun State.
The joint operation followed intelligence reports that revealed a well-fenced but crude yet technically sophisticated facility occupying more than three hectares of land.
During the inspection, officials observed underground tanks believed to have been used for heating and processing sludge oil, refining waste products, and substances suspected to be Automotive Gas Oil (AGO), popularly known as diesel. NMDPRA officials immediately sealed the facility.
Ogun State Coordinator of NMDPRA, Dr. Atilola Akinyemi, described the plant as a complete illegality operating without any permit from regulatory authorities.
“The underground storage facility behind the site has an estimated capacity of more than 90,000 litres, complete with underground heating systems, water hydrants for cooling, locally fabricated tanks and silos for separation,” Akinyemi told journalists.
He warned that if such adulterated products entered the market, they would pose serious risks to vehicles and engines. All recovered products have been confiscated by the Federal Government.
Director of the Department of Proceeds of Crime Management at the EFCC, Gbolahan Latona, stressed the need for collective patriotism in tackling economic crimes.
“Upon conclusion of investigation, the suspects will have their day in court and the proceeds of crime will be put to meaningful use,” Latona said.
Watch video below:
News
Sanusi: Critics Are Not Enemies Of The Govt
” It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.
The Emir of Kano, Alhaji Muhammadu Sanusi II, has advised the Federal Government against treating every comment about the administration as an attack on President Bola Tinubu.
The royal father gave the advise on the occasion of the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tan.
Speaking virtually to the audience at the event, on Tuesday, Sanusi advised the government to tolerate constructive criticism.
“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.
News
Urbanisation: Lagos To Fall Behind Luanda as sub-Saharan Africa’s biggest city by 2050
The report titled ‘Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation’, also calculated that sub-Saharan Africa’s urban population will increase by 748 million between 2025 and 2050, reaching about 1.7 billion.
A report conducted by the World Bank and the European Commission’s Joint Research Centre, has projected that Angola’s capital, Luanda,will overtake Lagos as sub-Saharan Africa’s most populous city by 2050, rising by 78 percent from 11.4 million to 20.3 million.
The report titled ‘Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation’, also calculated that sub-Saharan Africa’s urban population will increase by 748 million between 2025 and 2050, reaching about 1.7 billion.
The report estimated that Luanda’s population would increase from 11.4 million in 2025 to 20.3 million in 2050, adding 8.9 million residents over the period.
Lagos, the region’s most populous city in 2025 with an estimated 12.8 million residents, is projected to grow to 16.2 million by 2050, an increase of more than 25 percent.
Despite the growth, Lagos is expected to fall behind Luanda, whose population is projected to exceed that of Nigeria’s commercial hub by 4.1 million.
“Over this period, the population of Angola’s capital city, Luanda, is projected to increase by 78 percent from 11.4 million to 20.3 million.
In doing so, Luanda will overtake Lagos as SSA’s most populous city,” the report said.
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