The Management Board of the Nigeria Social Insurance Trust Fund (NSITF), led by its Chairman, Hon. Sola Olofin, held its 3rd Board Meeting on Monday, August 18, 2025, in Abuja.

The meeting was well attended, with the Managing Director, Barr. Oluwaseun Faleye; the Executive Director, Operations, Hon. Mojisola Macaulay; the Executive Director, Administration, Barr. Ismail; and the Executive Director, Finance, Mr. Ayodele Samuel in attendance.

Also present were representatives of key institutions and stakeholders, including the Nigeria Labour Congress (NLC), represented by Comrade Marwa Adamu and Comrade Adeyanju A; the Nigeria Employers’ Consultative Association (NECA), represented by Mr. Smatt Wale Oyerinde and Dr. Ifeanyi Okoye; the Central Bank of Nigeria (CBN), represented by Mr. Makut M.; and the Ministry of Labour, represented by Mrs. Franka A.

Discussions at the meeting centered on strengthening the Fund’s operational efficiency, improving service delivery to Nigerian workers, and ensuring that the mandate of the NSITF as a foremost social security institution is effectively sustained.

Chairman of the Management Board, Hon. Sola Olofin, commended members for their commitment and emphasized the collective resolve of the Board to reposition the Fund for greater impact.

The Board reiterated its commitment to transparency, accountability, and innovative reforms that will guarantee better benefits and protection for Nigerian workers in alignment with the Renewed Hope Agenda of President Bola Ahmed Tinubu, GCFR.

Signed
Zach C. Hyellamada
PA to the Chairman, NSITF Management Board