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NSITF pledges to help Tinubu achieve agenda on social investment

The Nation Nigeria 2024/5/18
NSITF clarifies position on 40% deduction from employers’ contributions

The Nigeria Social Insurance Trust Fund (NSITF) has said it will contribute towards the actualisation of President Bola Tinubu’s eight-point agenda on health, education, social investment, and agriculture.

The organisation said as a leading social security institution in Africa with over 60 years of experience in the social security sector, it has a huge role and responsibility in realising the key priority areas of the present administration.

The Managing Director of NSITF, Maureen Allagoa, pledged in Abuja at a workshop on the ‘Role of the fund in actualising the government’s eight priority areas.’

In a statement by the NSITF General Manager, Corporate Affairs, Nwachukwu Godson Allagoa, the NSITF has already launched an initiative that would improve the lives of Nigerians through enhanced human and capital development.

The statement said: “The NSITF as the leading social security institution in Africa with over 60 years experience in the social security sector has a huge role and responsibility in the actualisation of these key priority areas, particularly the key priority area No. 6 that speaks to Social investments to improve the lives of Nigerians and enhance human and capital development.

“We have commenced a strategic drive into the informal sector of the economy with a view to providing social security services for the employees through our close collaboration with the Small & Medium Enterprises (SMEs) using their various associations and bodies.”

“This strategy extends even to associations and umbrella bodies of small and medium scale enterprises in the agricultural sector to improve productivity and boost food production which will invariably enhance food security.”

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