Tag: NSITF
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Court orders seizure of 46 houses, land linked with ex-NSITF boss Olejeme
A Federal High Court in Abuja has granted an order of interim forfeiture in relation to 46 property including houses and parcels of land suspected to be owned by former Chairperson of the Board of the Nigeria Social Insurance Trust Fund (NSITF), Mrs. Ngozi Juliet Olejeme. Justice Taiwo granted the order in a ruling on…
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Pension fund crisis: We’ll remit last 2 tranches before end of 2019 – NSITF
…says issues of NHS passbooks are being treated By Emman Ovuakporie The Nigeria Social Insurance Trust Fund, NSITF has promised its pensioners that the last two tranches of pension funds would be paid before the end of 2019. The agency also promised to urgently look into the issue of National Housing Scheme, NHS passbooks to…
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(Investigation) NSITF : Govt employee trust fund where pensioner earns N7k, MD gets N3.3m monthly [UPDATED]
…union demands immediate upward review of pension …demand release of members NHS passbooks By Emman Ovuakporie If truly the rewards of teachers are situated in heaven, for pensioners at the Nigeria Social Insurance Trust Fund (NSITF), their reward seems to be in hell as a pensioner is only entitled to N7,000.00 monthly while the serving…
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JUST IN: NSITF inauguration postponed indefinitely
The planned inauguration of the Board of the Nigeria Social Insurance Trust Fund (NSITF) was aborted on Thursday as the Minister of Labour, Senator Chris Ngige, refused to inaugurate the former General Secretary of NUPENG as Chairman of the Board. The event scheduled for 10.30am at the Minister’s conference room did not take place as…
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How a federal agency, NSITF, misappropriated N6.2bn – Report
The Administrative Panel of Enquiry, which probed the N6.2 billion scam at the Nigeria Social Insurance Trust Fund (NSITF) on Wednesday submitted its report to the Minister of Labour and Employment, Chris Ngige. Ishaya Awotu, the chairman of the panel, said that there were irregular allowances totaling N5.7 billion paid to staff and management. “These…
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My issues with EFCC not about Jonathan’s campaign funds – Ex- NSITF chief, Olojeme
The former chairman of Nigeria Security Insurance Trust Fund ( NSITF ), Dr. Ngozi Olejeme on Tuesday said her arrest by the Economic and Financial Crimes Commission (EFCC) was stricitly about her tenure as part time chairman of the NSITF and not about former President Goodluck Jonathan’s campaign fund as widely circulated. Olojeme explained that…