NGIGE VS NLC: PRESIDENCY WEIGHS IN, PLANS TO RECONCILE BOTH PARTIES (READ FULL REPORT)
Afnews Editor
May 12, 2019
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B. The NSITF was bedevilled and riddled with corruption between 2012 - 2015, which resulted in a colossal loss and mismanagement of about N48 billion out of the total N62 billion contributions during the said period.
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These were contributions by the Employers - viz government and the private sector for payment of compensation to workers and even to Employers for loss of man-hours by their workers. This fraud has been investigated by the Economic and Financial Crimes Commission (EFCC) and the last Chairman and some members of the former board and some officials of the NSITF are presently being prosecuted by the EFCC.
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D. The appointment of the Chairman of this board, which is in consonance with Sec.
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4(a) of the NSITF Act CAP N88 of 2004 was also approved by Mr. President since 23rd July, 2018 on the recommendation of the Hon.
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Minister. Mr.
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Austin Enejamo-Isire, a Chartered Accountant, Fellow, Institute of Chartered Accountants of Nigeria (ICAN) and renowned Insurance expert, Senior Member, Chartered Institute of Insurance of Nigeria (CIIN), Chartered Institute of Bankers of Nigeria (CIBN) and Chartered Institute of Taxation of Nigeria (CITN) was approved by Mr. President for this position.
Also approved by Mr. President were the Managing Director and three Executive Directors who had assumed duties since 18 April 2017.
Others also approved as Non-Executive Directors are two (2) members to represent the Nigerian Labour Congress (NLC), two members to represent the Nigerian Employers' Consultative Association (NECA) and one (1) member each to represent the Central Bank of Nigeria and the Federal Ministry of Labour and Employment. Members of this board are to be formally inaugurated at 9 a.m.
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on Monday, May 13, 2019 by the Hon. Minister of Labour and Employment at the Banquet Hall of the Presidential Villa, Aso Rock, Abuja.
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Finally, the Presidency has noted with deep concern and regrets, the events that culminated in a skirmish at the private residence of the Hon. Minister of Labour and Employment, and condemns it, in its entirety. However, in the spirit of reconciliation, the Presidency appeals for calm from the NLC and the Ministry of Labour and Employment officials, as there are ongoing efforts to reconcile the NLC leadership with the Ministry of Labour and Employment, led by their Minister who has doggedly been fighting the cause of Nigerian workers whenever their issue is discussed by government, the latest being the enactment of the new National Minimum Wage Act 2019.
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— Afnews Editor