Nigerian Private Sector Rejects NSITF Act Amendments, Citing Political Interference
The organized private sector in Nigeria, represented by groups like MAN, NACCIMA, and NECA, has rejected proposed amendments to the NSITF Act. They argue that the changes could undermine the fund's integrity and lead to political manipulation.
The OPSN warns that the amendments could weaken the governance structure of the NSITF, erode transparency, and expose the fund to undue political interference. They emphasize the importance of maintaining a tripartite governance structure to ensure the prudent management of funds for the benefit of Nigerian workers and their families.
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