Nigerian Labour Groups Reject Proposed NSITF Act Amendments, Call for Consultation

Labour organizations in Nigeria, such as NECA and NLC, strongly oppose the proposed amendments to the Nigeria Social Insurance Trust Fund (NSITF) Act, citing inconsistencies with international standards and potential risks to government funds. They urge for a more thorough consultation process to ensure the sustainability and credibility of the NSITF.

NECA's Director-General, Adewale Smatt Oyerinde, emphasizes the need for reforms that enhance efficiency without compromising stakeholder interests.