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NSITF Denies Allegations Against Managing Director

The claims regarding the Managing Director's employment status were baseless and vowed to continue with the agency's reforms

paulcraft by paulcraft
June 8, 2024
in National
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Nigeria Social Insurance Trust Fund (NSITF)
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  • NSITF dismissed TAG’s allegations against its Managing Director, calling them baseless extortion tactics and vowing continued reforms
  • NSITF confirmed the Managing Director’s innocence in the N47 million gratuity issue, citing a committee’s findings of no wrongdoing

The Nigeria Social Insurance Trust Fund (NSITF) has dismissed allegations made by the Transparency and Accountability Group (TAG) against its Managing Director, labelling the accusations as extortion tactics.

NSITF’s General Manager of Corporate Affairs, Nwachukwu Godson, stated that the claims regarding the Managing Director’s employment status were baseless and vowed to continue with the agency’s reforms.

“Forthwith, we state that the employment of the Managing Director/Chief Executive of the NSITF, first as General Manager, was properly guided by sections 9(3) and (4) of the NSITF Act for employment, terms and conditions of service of staff and by Section 31(c) of the Employees Compensation Act (ECA) and not the Public Service Rule as ignorantly bandied by TAG.”

Godson also addressed the issue of a N47 million gratuity, stating that a committee established by the former Minister of Labour and Employment, Sen. Simon Lalong, found no wrongdoing by the Managing Director. This committee, chaired by the Director of Finance at the Federal Ministry of Labour and Employment, confirmed the Managing Director’s innocence.

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“This Committee, which was chaired by the Director of Finance at the Federal Ministry of Labour and Employment and supervised by the Permanent Secretary, established no guilt against the Managing Director,” the statement reads.

It further reads, “Besides, the so-called non-remittance of N2.1bn tax deductions is hogwash, a lie told so many times, which has failed before consistent knockings of available facts. The figure N2.1bn exists only in the sick but fertile province of mischief.”

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