Chairman, Nigeria Social Insurance Trust Fund Management Board, (NSITF) Mr Austin Enajemo-Isire has urged business owners in Delta State to enrol their members of staff for the social insurance cover provided by the fund.
He said business owners having members of staff strength ranging from three and above to key into the Employees Compensation Scheme to enjoy the benefits.
He said the dark days of negative stories about the funds were now in the past with new managers recently inaugurated by the Federal Government.
Enajemo-Isire spoke in an interactive session with business owners for Warri and Asaba region in Ughelli South LGA, Delta State.
He said NSITF has been repositioned with the newly inaugurated executives and reinvigorated management Board, adding it was poised to deliver on its mandate.
He said: “this business interactive session is in line with the recently approved work plans to change the narratives with a view to realising the vision and mission set by the Federal Government.
“Furthermore, these actions by the new team were meant to positively project NSITF to business communities and critical stakeholders for better appraisal of its activities, functions, strategic relevance as well as to develop radical business frontiers to enhance acceptance and participation in the attainment of the targeted goals.”
Enajemo-Isire spoke about the origin of NSITF which began with its establishment in 1961 as Nigerian Provident Fund, NPF, until 1993 when a new law was enacted that transformed it into NSITF.
He said: “The benefits of getting enrolled in a social insurance scheme such as this cannot be over-emphasized,” stressing that “the scheme is set out to provide social protection that guarantees fair and adequate compensation to any staff who suffer occupational hazard while in active service of a registered employer or organization.”
He led top management members of staff of NSITF on a visit to the Chairman of Council of Urhobo Traditional Rulers, HRM Richard Layeguen Ogbon, Ogoni Oghoro I the Ohworode of Olomu Kingdom in Ogoni-Olomu.
He appealed to the traditional rulers to encourage their subjects who are business owners to register their organizations and enroll their members of staff in the social insurance protection cover provided by the fund.