NSITF Advocates Collaboration for Economic Growth

On Monday in Abuja, Barr. Oluwaseun Faley, the Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), emphasized the need for stronger collaboration among government, employers, and workers to foster sustainable economic growth.

Speaking at the 5th Annual Summit of the Nigeria Employers' Consultative Association (NECA), Faley described the summit's theme as leveraging reforms for enterprise competitiveness and inclusive national growth. He noted that businesses must adapt to policy reforms and new economic realities while seeking innovative ways to remain competitive and create societal value.

Faley referenced a Nigerian proverb about mutual support, stressing that progress is built on partnerships where government, employers, and workers share trust and purpose for mutual benefit. He highlighted the NSITF's role in protecting workers and enhancing enterprise competitiveness, underscoring the importance of ensuring that no segment of the workforce is left behind in Nigeria's economic reform efforts.