Saturday, April 10, 2021
Array

Ngige inaugurates probe panel over N3.4bn scandal at NSITF

Headline

Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a 30-year-old graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
tiamin rice

The Minister of Labour and Employment, Chris Ngige, has inaugurated a Presidential Joint Board and Audit Investigation Panel to probe alleged N3.4 billion financial infractions at the Nigeria Social Insurance Trust Fund, NSITF.

Recall that the Managing Director of the NSITF, Adebayo Somefun, three other directors, and ten management staff were suspended by the Minister over allegations of financial infraction and procurement breaches.

The committee is chaired by Com Ibrahim Khaleel of the Nigeria Labour Congress, NLC, and Chairman of the Audit Committee of the NSITF board.

READ  Nigerian govt releases N40bn earned allowances to ASUU – Ngige
READ  Kebbi workers suspend indefinite strike

The Minister, who was represented by Permanent Secretary, Federal Ministry of Labour and Employment, William Alo, said the eight- member committee has three weeks to submit its report.

Mr Ngige said: “The NSITF is a government – owned human centered entity which was established to address the socio- economic needs in the world of work by providing compensation to insured employees who suffer from occupational diseases, sustain injuries or disability from accident or even death during or in the course of employment.

READ  Kogi govt commences payment of 4 months’ salary to workers

“In order to discharge this very noble mandate, the NSITF enabling Act provides that employers of labour should make financial contributions to the Fund of the NSITF.

This includes employers in both the private and public sectors of the formal economy and the NSITF is the statutory custodian of these funds.

“It becomes very worrisome when there are issues surrounding and emanating from the management of these funds entrusted to NSITF especially when seemingly done in transgression of extant rules, regulations and laws guiding due processes for the management of funds and general conduct/ethics in the public service.

READ  Buhari congratulates NLC President over ITUC victory
READ  Nigerian govt releases N40bn earned allowances to ASUU – Ngige

“This becomes even more worrisome when preliminary investigations yield alarming results.”

Khaleel promised that the committee will do its duty “justly and with the fear of God that nobody will be cheated.”

Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here
READ  COVID-19: Nigerian govt announces date for paying health workers’ June hazard allowances

Latest News

cosgrove