Jungle Journalist Media Limited
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
Jungle Journalist Media Limited
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security

Home » National » New NSITF board set to deliver on its mandate- Akabogu

New NSITF board set to deliver on its mandate- Akabogu

by Jungle Journalist
July 9, 2021
1
SHARES
8
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The new Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu has disclosed that the new management of the fund is ready to deliver on its mandate and reposition public perception of the Fund, while mitigating its challenges with experience.

Speaking during a media parley held in Abuja, the Managing Director said as someone who has hitherto been with the fund over the years under various designations, he and the new board are fully aware of the issues plaguing the fund, and tasked all staff to fully commit to attempts in changing the negative narratives around it.

On his appointment, Akabogu said it came at a time when the Fund is undergoing various levels of restructuring owing to past challenges, but under the new dispensation, while the focus will be on fulfilling the core mandates of the fund and restore confidence in their processes and dignity, the board would aim to create pathways to reward excellent and outstanding service, while maintaining an utmost commitment to staff welfare.

Other key objectives, according to him, will be to increase the productivity of every department of the fund and use quantifiable metrics to measure its performance in the weeks and months ahead and improve on and ensure prompt payments of claims and compensations to give value for money to all the contributors in their Employee Compensation Act (ECA) scheme.

The MD also revealed that the number of registered employers on the scheme as of June 2021 stood at 117,163, and registered employees are 7,110,905, while since the inception of the fund, over 52,000 claims have been paid.

ReadAlso

No Content Available

The Board Secretary of NSITF, Mrs. Ijeoma Okoronkwo, who is also the General Manager of SERVICOM, said the new board is open to various innovative ways to move the fund forward and appealed to Nigerians to allow for the revamp of the fund, with constructive criticisms and suggestions.

Recall that the NSITF was established via Act No. 73 of 1993 as a successor of the defunct National Provident Fund (NPF) which had been in operation since 1961. The NPF was mainly a saving scheme with an equal amount of contributions drawn from both the employer and employees.

Tags: AkaboguNSITF
ShareTweetSend
Previous Post

The Deeds of Reverend Camillus Ejike Mbaka: INTRODUCTION

Next Post

PDP to Gov Okowa- To rescue Nigeria from APC is a task that must be done

You MayAlso Like

Bizarre

Prophet Odumeje Shocks Members, Say His Time To Die Has Come 

March 21, 2023
National

INEC declares winner of Cross River election [FULL RESULT]

March 20, 2023
National

INEC Announces Winner Of Delta Governorship Election

March 20, 2023
National

Catholic priest declared Governor – Elect in Benue State 

March 20, 2023
National

ABIA 2023: APGA’S Greg Ibe breaks silence, asks Abians to ‘keep hope alive’ 

March 20, 2023
National

2023 Polls: Johnpaul Anih rejects Nkanu West election results, heads to tribunal

March 20, 2023
Next Post

PDP to Gov Okowa- To rescue Nigeria from APC is a task that must be done

Discussion about this post

Recent Posts

  • Prophet Odumeje Shocks Members, Say His Time To Die Has Come 
  • INEC declares winner of Cross River election [FULL RESULT]
  • INEC Announces Winner Of Delta Governorship Election
  • Catholic priest declared Governor – Elect in Benue State 
  • ABIA 2023: APGA’S Greg Ibe breaks silence, asks Abians to ‘keep hope alive’ 
ADVERTISEMENT

Recent Comments

  • Ogbuenyi Sunday on Anambra police arrest river-bathing prophet ‘Onye Eze Jesus’
  • Stephen CE on List of international stars who have joined #EndSARS/#EndSWAT and what they said

Trending

NEWS FLASH: Peter Mbah of PDP cruising to victory, wins 14 LGAs in Enugu guber polls 

BREAKING: Kelvin Chukwu of LP defeats incumbent Senator Chimaroke Nnamani in Enugu Senate race

New NSITF board set to deliver on its mandate- Akabogu

ADVERTISEMENT

Prophet Odumeje Shocks Members, Say His Time To Die Has Come 

INEC Announces Winner Of Delta Governorship Election

Catholic priest declared Governor – Elect in Benue State 

FLASH: PDP’s Peter Mbah edges to victory as INEC suspends disputed LGAs  

BREAKING! INEC declares Peter Mbah winner of the 2023 Enugu guber election

Ebonyi Guber: INEC announces results of ten LGs

FLASH: PDP, LP in massive protest at Enugu INEC office over 2023 governorship results 

    ADVERTISEMENT

    Popular Stories

    • BREAKING: Gunmen Take Over Onitsha-Owerri Road, Set Over 10 Vehicles, Goods Worth Billions Ablaze

      2676 shares
      Share 1070 Tweet 669
    • JUST IN: CBN Governor, Godwin Emefiele sacked

      1752 shares
      Share 701 Tweet 438
    • BREAKING: Finland police arrests Simon Ekpa 

      960 shares
      Share 384 Tweet 240
    • BREAKING: IReV Portal Shows Labour Party Won 19 States Plus FCT, PDP 8, APC 7, NNPP 2 States—Baba-Ahmed

      591 shares
      Share 236 Tweet 148
    • NEWS FLASH: Peter Mbah of PDP cruising to victory, wins 14 LGAs in Enugu guber polls 

      489 shares
      Share 196 Tweet 122
    • JUST IN: Daughter of Benin billionaire/CEO of Uyi Technical commits suicide

      459 shares
      Share 184 Tweet 115

    ABOUT US

    Jungle Journalist Media Limited

    Jungle Journalist Media Limited

    Jungle Journalist is an online news and information resource centre dedicated to accurate and timely news reports.

    Read More >>

    CONNECT WITH US

    SECTIONS

    • Agriculture
    • Aviation
    • Biafra
    • birthday
    • Bizarre
    • Breaking News
    • Building and Properties
    • Columnist
    • Community Reports
    • crime
    • Economy and Business
    • Editorial
    • Education
    • Election
    • electricity
    • entertainment
    • Health
    • Holidays
    • Human Rights
    • International
    • Interviews
    • Law
    • Magazine
    • media
    • Money
    • National
    • News
    • Niger Delta
    • North
    • Obituary
    • Oil and Gas
    • Opinions
    • Photos
    • Politics
    • Press Release
    • Religion and Culture
    • Science and Technology
    • Security
    • South East
    • South-South
    • South-West
    • Sports
    • Transport and Aviation
    • Violence
    • Women and Children
    • Worship
    • Youth
    No Result
    View All Result

    NEWS SOURCES

  • Punch
  • Nigerian Tribune
  • The Nation
  • Thisday
  • DailyTrust
  • The Sun
  • Daily Independent
  • PM News
  • Vanguard
  • Premium Times
  • Sahara Reporters
  • The Guardian
  • Leadership
  • Daily Times Of Nigeria
    • About
    • Advertise With Us
    • Privacy Policy

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.

    No Result
    View All Result
    • News
    • Politics
    • Economy and Business
    • Sports
    • Editorial
    • Education
    • entertainment
    • Health
    • Niger Delta
    • Security

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.