Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister. Oluwaseun Faleye
Nigeria Social Insurance Trust Fund (NSITF) has achieved about 85 per cent of its 2026 contribution target at the halfway point of the year, with Managing Director and Chief Executive, Mr. Oluwaseun Faleye, urging managers across the country to focus on results by strengthening compliance and speeding up claims processing.
Faleye disclosed this at the opening of the Fund’s 2026 Half-Year Management Performance Review, held simultaneously across six regional centres.
He said the performance was recorded despite the organisational changes that followed the Voluntary Exit Exercise, which saw many offices adjust to new leadership and responsibilities.
According to him, regional and branch leaders, compliance teams and members of staff kept the Fund running without disruption throughout the transition.
“Across the country, many of our offices adapted to these changes with remarkable resilience and professionalism. Officers stepped into new roles, teams reorganised themselves and, despite the inevitable pressures that accompany such a transition, the work of the Fund continued without interruption,” he said.
Faleye commended staff for their resilience, noting that the experience showed the strength of the institution lies in its workforce.
He also stressed the need to recognise excellence, saying outstanding performance should always be rewarded because it motivates employees and encourages healthy competition.
The NSITF boss said the review was not organised to single out poor performers but to identify what is working, address existing challenges and help every office improve.
With the second half of the year underway, he said the Fund would concentrate on expanding compliance with the Employees’ Compensation Scheme, increasing social security coverage, improving the speed and quality of claims administration, strengthening stakeholder engagement and building greater public confidence in the institution.
Faleye added that while the Fund would continue investing in digital transformation, better data management and simpler operational processes, technology alone would not guarantee success.
He reminded staff that the Fund’s work ultimately affects injured workers, bereaved families and employers who depend on prompt and efficient service under the Employees’ Compensation Scheme.
He urged Regional Managers, Branch Managers, Heads of Departments and other members of staff to return from the review with renewed determination to improve performance before the end of the year.
Also speaking, Executive Director (Operations), Mrs. Mojisola Alli-Macaulay, said the Fund must move beyond measuring activities and begin paying greater attention to the impact of its work.
She said the success of NSITF should be judged by the number of employers complying with the law, the speed at which claims are processed and paid, and the number of Nigerian workers brought under social security protection.
Speaking on the theme, _“From Performance to Impact: Strengthening Compliance, Enhancing Service Delivery and Expanding Social Security Coverage,”_ Alli-Macaulay said the review was an opportunity to assess whether the Fund’s efforts were producing better outcomes for employers and employees.
She identified stronger employer engagement, improved compliance, efficient claims administration and wider use of technology backed by quality data as key priorities for the regions.
The Executive Director urged participants to openly discuss both successes and setbacks so that effective strategies could be replicated across the Fund’s operations.
She also commended Faleye for his leadership and expressed confidence that the review would produce practical decisions to improve service delivery nationwide.
As part of the event, NSITF honoured 17 branches for surpassing their contribution collection targets. The branches are Kebbi, Sokoto, Damaturu, Dutse, Trans-Amadi, Ado Ekiti, Yenagoa, Katsina, Lekki, Port Harcourt, Ikeja, Bauchi, Mainland, Zaria, Gusau, Yola and Kano.
Victoria Island, Lagos Central and Lekki also emerged as the top three collecting branches, accounting for about 40 per cent of the Fund’s total collections during the period under review.
The Regional Management Performance Review is NSITF’s annual forum for assessing performance, reviewing resolutions from previous meetings and agreeing on measures to improve compliance with the Employees’ Compensation Act while expanding social security coverage across the country.
