Feb 10 β€’ 21:40 UTC πŸ‡³πŸ‡¬ Nigeria Punch

Northern group urges Tinubu to review NSITF leadership, strengthen transparency

The Arewa Revival Project has urged President Bola Tinubu to review the leadership of the Nigeria Social Insurance Trust Fund to ensure greater transparency and accountability in managing contributors' funds.

The Arewa Revival Project (ARP) has called upon President Bola Tinubu to conduct a thorough review of the Nigeria Social Insurance Trust Fund (NSITF). This initiative aims to enhance the transparency and efficiency of how contributors' funds are managed, ensuring that the rights and welfare of Nigerian workers are prioritized. Muttaka Ibrahim, the Project Coordinator of ARP, emphasized that a transparent system is crucial for maintaining public trust and accountability in social insurance schemes, which are essential for the welfare of the nation's workforce.

In his statement issued in Abuja, Ibrahim articulated the importance of safeguarding contributors’ funds to maintain confidence in public institutions responsible for social protection. He asserted that Nigerian workers deserve to have their social security funds managed in accordance with legal stipulations and best practices, echoing a wider sentiment for reform in how social security schemes are administered in the country. The ARP's plea points to growing concerns about the current management of the NSITF and the imperative need for enhanced oversight.

Ibrahim believes that decisive action from the President could fortify the credibility of the NSITF and meet the expectations of workers who depend on these social security systems. By calling for transparency and accountability, the ARP underscores a broader movement advocating for the rights of Nigerian workers within the framework of national policy reform, highlighting the essential nature of trust in the social insurance system for its sustainability and effectiveness.

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