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Unremitted Pension: 13 Employers Pay N56.5bn Penalties

Unremitted Pension: 13 Employers Pay N56.5bn Penalties         Thirteen defaulting employers whose pension liabilities to their employees have been established have been made to pay N56.5 billion penalties by the National Pension Commission (PenCom), according to a report. According to the commission, the money was paid following...

Ngige Sets Up Panel On Alleged N3.4bn NSITF Fraud

Ngige Sets Up Panel On Alleged N3.4bn NSITF Fraud     The Minister of Labour and Employment, Senator Chris Ngige, on Thursday inaugurated a Presidential Joint Board Audit Investigation Panel to probe alleged N3.4bn financial infractions levelled against the suspended Managing Director of the Nigeria Social Insurance...

Ngige Approved N3.4bn NSITF Training Fund – Management

Ngige Approved N3.4bn NSITF Training Fund - Management     The embattled former management of the Nigeria Social Insurance Trust Fund has said all training, contracts and rehabilitation it carried out received the approvals of the Federal Ministry of Labour and Employment and the National Assembly. Ngige had...

EFCC arraigns ex- NSITF MD, Others over N18bn fraud

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned former Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Umar Munir Abubakar and four other top officials of the fund before an Abuja High Court in Apo over an N18billionfraud. Other defendants are...

NSITF pays over N700m in 5 years for ECA scheme

The Nigeria Social Insurance Trust Fund (NSITF), has paid over N700 million as compensation for workers who suffered one degree of injury or the other, including death under the new Employees Compensation Scheme (ECS) in the last five years. Calling for more support from all...