By Chinedu Echianu
The Nigeria Social Insurance Trust Fund (NSITF) says it has achieved about 85 per cent of its 2026 contribution target within the first half of the year, despite undergoing significant institutional changes.
Managing Director, Oluwaseun Faleye, disclosed this while declaring open the NSITF 2026 Half-Year Management Performance Review, held simultaneously across six regional locations.
Faleye credited the strong performance to the dedication of regional and branch leadership, compliance teams and staff, who remained focused throughout the Fund’s ongoing transition.
He described the Voluntary Exit Exercise carried out during the period as a major milestone that required offices nationwide to reorganise operations and assume new responsibilities while maintaining uninterrupted service delivery.
He explained that the performance review was designed to identify best practices, address operational gaps and create an environment where every office could improve, rather than to rank winners and losers.
He also stressed the importance of recognising outstanding performance, noting that rewarding excellence inspires hard work and healthy competition.
Looking ahead, Faleye urged staff to intensify compliance efforts, broaden social security coverage, improve the speed and quality of claims administration, strengthen stakeholder engagement and build greater public confidence in the Fund.
He identified digital transformation, improved data quality and simplified processes as key drivers of better service delivery.
The NSITF boss, however, maintained that technology alone would not guarantee lasting reforms, emphasising that leadership, integrity, discipline and a commitment to change remained essential to achieving the Fund’s objectives.
He reminded employees that the Fund’s mission is centred on protecting Nigerian workers, injured employees, bereaved families and employers under the Employees’ Compensation Scheme, urging them to keep people at the heart of every decision.
“When we remember the people behind the statistics, compliance becomes more than enforcement, claims administration becomes more than a process and service delivery becomes our contribution to a more secure and productive nation,” Faleye said.
