Close Menu
9JahotNews
  • Home
  • Entertainment
  • Nollywood
    • Movies
    • Music
  • Weddings
  • Sports
  • Fashion
  • Religion
  • Events
  • Shop
What's Hot
Wedding

#BellaNaijaWeddings Weekly: Your Weekend Roundup of Love, Magnificence, and Marriage ceremony Magic

Sport

2026 WCQ playoffs: Peterside warns Tremendous Eagles about ‘rising’ Gabon

Politics

‘Political terrorism’ – Aregbesola, ex-dep gov condemn burning of Ekiti ADC workplace

Subscribe to Updates

Get The Latest News, Updates, And Amazing Offers

Products
  • Boko Haram (Ohio Short Histories of Africa) Boko Haram (Ohio Short Histories of Africa)
    Rated 1.00 out of 5
    $16.95
  • Fashion Nigerian Headties With Women Head Wrap Bea… Fashion Nigerian Headties With Women Head Wrap Bea...
    Rated 2.54 out of 5
    $39.89
  • Nigeria Travel Guide 2024: Unveiling the Heart of … Nigeria Travel Guide 2024: Unveiling the Heart of ... $5.99
Important Pages:
  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest
9JahotNews
Facebook X (Twitter) Pinterest WhatsApp
  • Home
  • International
  • News
  • Politics
  • Latest
  • Trending
  • Event
  • Sport
  • Wedding
  • Nollywood
9JahotNews
Home » NECA, MAN, NACCIMA reject Senate’s NSITF takeover
News October 27, 2025No Comments

NECA, MAN, NACCIMA reject Senate’s NSITF takeover

Facebook Twitter Pinterest WhatsApp Copy Link
NECA, MAN, NACCIMA reject Senate’s NSITF takeover
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Copy Link



•Warn in opposition to politicisation of staff’ fund

•Say transfer to amend Act threatens transparency, violates ILO’s Conference

By Victor Ahiuma-Younger

The Organised Non-public Sector of Nigeria, OPSN, has rejected the proposed modification to the Nigeria Social Insurance coverage Belief Fund, NSITF, Act, describing the transfer by the Senate as a harmful try to hijack and politicise the administration of staff’ social safety funds.

The OPSN contains the Producers Affiliation of Nigeria, MAN; the Nigeria Affiliation of Chambers of Commerce, Trade, Mines and Agriculture, NACCIMA; the Nigeria Employers’ Consultative Affiliation, NECA; the Nigeria Affiliation of Small and Medium Enterprises, NASME; and the Nigeria Affiliation of Small Scale Industrialists, NASSI.

It warned that the modification threatened transparency, accountability and the very basis of the Fund’s governance construction.

In a letter to the Senate President, signed by the Administrators-Normal of the 5 member-organisations, the OPSN urged the Senate to instantly halt the legislative course of, which has already handed second studying, insisting that the proposed adjustments would undermine the NSITF’s tripartite construction and violate worldwide labour requirements.

The letter learn: “These amendments threaten to basically weaken the NSITF governance construction, erode accountability and transparency, and expose the Fund to undue political interference,” the OPSN declared.

“The NSITF was based on a tripartite construction, representing Authorities, Employers, and Labour, in strict alignment with Worldwide Labour Organisation, ILO, Conference 102 on Social Safety (Minimal Requirements), Conference 144 on Tripartite Session, and Conference 87 on Freedom of Affiliation and Safety of the Proper to Organise.

“These Conventions, which Nigeria has ratified, require that social safety establishments be managed with the complete and efficient participation of social companions, making certain that the pursuits of each contributors and beneficiaries are shielded from political or unilateral authorities management.

“The proposed modification seeks to scale back the illustration and affect of employers and staff, who’re the primary contributors and beneficiaries of the Fund, whereas growing authorities management via political appointments.

“This method just isn’t solely opposite to the spirit and letter of the ILO Conventions but in addition undermines the rules of excellent governance, transparency, and accountability which are important for the efficient administration of social safety funds.

“The ILO’s Advice 202 on Social Safety Flooring additional underscores the necessity for participatory, clear, and accountable governance in social safety methods, warning in opposition to the hazards of politicisation and lack of stakeholder involvement.”

OPSN famous that “the NSITF Administration Board, as at present constituted, serves because the trustee and conscience of the Fund by making certain prudent and clear administration of contributors’ sources.”

It warned that weakening or changing the Board with a politically dominated construction would erode the Fund’s autonomy, encourage mismanagement, and jeopardise the safety of tens of millions of Nigerian staff and their households.

“It is very important make clear that no two businesses are managing the NSITF. Actually, the NSITF is the only, statutory company liable for implementing the Staff’ Compensation Act, ECA.

”Any try to create parallel buildings or to repeal or alter this association, underneath the guise of reform, wouldn’t solely take away current safeguards but in addition contravene worldwide requirements and expose the Fund to pointless dangers, together with the potential for confusion and mismanagement,” the OPSN stated.

The personal sector group additionally criticised the Senate for specializing in what it described as “an pointless and probably damaging modification, as a substitute of addressing extra urgent legislative wants such because the passage of the long-delayed Nigeria Labour Legislation Invoice.

“We’re deeply involved that, whereas the Senate prioritises an pointless and probably damaging modification to the NSITF Act, which has no operational defects, the long-overdue Nigeria Labour Legislation stays stalled.

“This invoice is vital for the way forward for work in Nigeria. It’s designed to handle pressing gaps within the nation’s labour and employment legal guidelines, enhance dispute decision, improve office security, promote social dialogue and make clear the rights and duties of all events,” OPSN lamented.

The group known as on President Bola Ahmed Tinubu and Senate President, Godswill Akpabio, to intervene and cease the method initiated by the Senate Committee on Labour and Employment.

“The NSITF, as a cornerstone of Nigeria’s social safety system, should not be politicised or weakened.

”Its governance should stay firmly rooted in tripartism, transparency and accountability as enshrined in ILO Conventions and worldwide finest practices,” the OPSN pressured.

It reaffirmed its dedication to working with authorities and organised labour to strengthen, not weaken, establishments that safeguard the welfare and safety of Nigerian staff, warning that the way forward for industrial peace and social safety trusted resisting any try to compromise the integrity of the NSITF.

Vanguard News Nigeria

The submit NECA, MAN, NACCIMA reject Senate’s NSITF takeover appeared first on Vanguard Information.



Source link

Share. Facebook Twitter Pinterest WhatsApp Copy Link

Related Posts

News

NDLEA arrests Lagos membership proprietor, others in coordinated operations

News

Hisbah cancels deliberate marriage ceremony of Kano TikTokers

News

OPay to empower youths at Futures Convention 2025

News

NDLEA uncovers UK-bound cocaine in cream containers, Meth in water heater

Leave A Reply Cancel Reply

Follow Us
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
Don't Miss
Sport

NPFL: Kano Pillars obtain Ahmed Musa increase forward Rangers conflict

Kano Pillars captain Ahmed Musa has returned to coaching after the minor damage that sidelined…

Southwest Fulani Council bans evening grazing, firearms, underage herding

September 7, 2025

Repair INEC earlier than 2027, Soludo, Dauda, Aregbesola, Chidoka inform FG

October 7, 2025

Trump, first woman view uncommon 'Beating Retreat' army spectacle in England

September 17, 2025

Subscribe to Updates

Get The Latest News, Updates, And Amazing Offers

Products
  • Flag of Nigeria Print Fashionable Magnetic Mailbox… Flag of Nigeria Print Fashionable Magnetic Mailbox...
    Rated 1.00 out of 5
    $22.99
  • Mahacraft Black Gold Line Sequined Mesh Lace Fabri… Mahacraft Black Gold Line Sequined Mesh Lace Fabri... $125.99
  • Comparative Perspectives on Shari’ah in Nigeria Comparative Perspectives on Shari'ah in Nigeria $78.54
  • Flag of Nigeria Print Sports Bras for Women,Racerb… Flag of Nigeria Print Sports Bras for Women,Racerb... $21.90
  • Reception of Vatican II in Nigeria/Igbo Church wit… Reception of Vatican II in Nigeria/Igbo Church wit... $136.45

9JahotNews, we are your ultimate hub for everything that defines Nigerian culture and beyond. From breaking news and vibrant music scenes to Nollywood highlights, trending fashion, and iconic events, we are here to keep you informed, entertained, and inspired.

Facebook X (Twitter) WhatsApp Pinterest
Our Picks
Sport

EPL: Why I modified Man Metropolis’s fashion of play towards Arsenal – Guardiola opens up

Sport

EPL: Rating objectives, we won’t depend on Haaland – Guardiola warns Man Metropolis stars

News

FIFA to pay golf equipment $355m in World Cup profit scheme

Products
  • World Cup Nigeria Soccer Garden Flag Sports Game G… World Cup Nigeria Soccer Garden Flag Sports Game G... $15.31
  • Ambesonne Kente Pattern Kitchen Mat, Exotic Vertic… Ambesonne Kente Pattern Kitchen Mat, Exotic Vertic... $37.99
  • MSBric Purple Gold Line Sequined Lace Fabric 5 Yar… MSBric Purple Gold Line Sequined Lace Fabric 5 Yar... $115.99
© 2025 9JahotNews.
  • Home
  • Shop
  • About Us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.