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Nigeria's NSITF Becomes West Africa's Social Security Reference Point, Exports Scheme Expertise to Gambia
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Nigeria's NSITF Becomes West Africa's Social Security Reference Point, Exports Scheme Expertise to Gambia

From Vanguard · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Nigeria Social Insurance Trust Fund (NSITF) is positioning itself as a regional leader in social security administration.
  • NSITF pledged technical support to The Gambia to strengthen social security systems and workers' protection across West Africa.
  • A Gambian delegation studied NSITF's operations, focusing on Nigeria's Employees' Compensation Scheme and best practices.

The Nigeria Social Insurance Trust Fund (NSITF) is solidifying its role as a key player in West African social security by offering sustained technical assistance to The Gambia. This commitment aims to enhance worker protection and bolster social security frameworks throughout the region.

This initiative follows a week-long study tour by The Gambia's Industrial Injuries Compensation Fund (IICF) delegation. The Gambians observed NSITF's operational methods and the administration of Nigeria's Employees' Compensation Scheme. NSITF's Managing Director, Oluwaseun Faleye, represented by Executive Director Samaila Abdu, assured the delegation of continued knowledge sharing and best practices.

"We see this as a partnership between brothers, working together towards the common goal of strengthening social protection and advancing the welfare of workers across our sub-region," Faleye stated. He emphasized that the engagement marks the beginning of a strengthened partnership, extending beyond the initial visit to foster improved social security administration in West Africa.

The program facilitated an exchange of ideas on crucial areas such as institutional governance, employment injury compensation, compliance management, claims administration, rehabilitation, research, actuarial planning, and digital transformation. Discussions highlighted Nigeria's experience with its Employees' Compensation Scheme, including technology-driven initiatives like the ECSA application, designed to boost compliance, transparency, and service delivery. The NSITF also expressed interest in expanding social security coverage to underserved sectors and improving employer compliance.

We see this as a partnership between brothers, working together towards the common goal of strengthening social protection and advancing the welfare of workers across our sub-region.

โ€” Oluwaseun FaleyeNSITF's Managing Director, emphasizing the collaborative nature of the support to The Gambia.
DistantNews Editorial

Originally published by Vanguard in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.