…Seun Falaye’s Leadership Marks a New Era for NSITF

The Nigeria Social Insurance Trust Fund (NSITF) has reiterated its dedication to increasing the enrollment of employers across various sectors in its Employees Compensation Scheme. The agency also revealed plans to boost the allocation of funds for worker-beneficiaries to enhance support for employees affected by work-related injuries, disabilities, or fatalities.

Speaking on the new direction of the NSITF, Executive Director of Operations, Mrs. Mojisolaoluwa Ali-Macaulay, emphasized that the agency’s focus remains on workplace safety and managing employer contributions to ensure employees receive due compensation in case of workplace accidents or health issues. The agency also compensates the dependents of employees who die in the course of their work.

According to a statement by NSITF’s General Manager of Corporate Affairs, Nwachukwu Godson, the newly appointed executive management team is committed to realigning the agency with President Bola Tinubu’s directives.

Mrs. Ali-Macaulay, during her working visit to the FCT and various branches in Abuja, highlighted that under the leadership of the Managing Director, Oluwaseun Falaye, the NSITF is set to revitalize its operations. Falaye, a highly knowledgeable lawyer with a strong background in corporate finance, was appointed by the President to steer the fund towards fulfilling its critical role in fostering a healthy national workforce.

“We are tasked with fully achieving our mandate by advocating for more stakeholders to enroll in the scheme, which will unlock the potential of the fund and ensure its broader utilisation for the benefit of worker-beneficiaries,” Ali-Macaulay said.

She also noted that, while the NSITF remains focused on its core mandate, staff welfare across its 57 branches and 12 regions nationwide is a top priority for the agency. “These working tours are aimed at giving us firsthand insights into the realities faced at our frontlines,” she added.