The Federal Government through the Nigeria social insurance trust fund NSITF says its collaboration with the International Social Security Association, ISSA, has reinforced Nigeria’s commitment to social security and employees’ compensation.
The remark followed a meeting on the sidelines of the 114th International Labour Conference ongoing in Geneva switzerland, when
International social security association, Secretary General Marcelo Abi-Ramia Caetano met with a delegation from the NSITF, led by Executive Director, Administration, Samaila Abdu who represented the Managing Director Oluwaseun Faleye.
ISSA is the world’s leading body for social security institutions, with more than 340 member organizations across 165 countries.
Back in Nigeria, the Nigeria, the NSITF has condemned the allegations of managerial crisis and mass resignation of workers being peddled in some media outlets.
A statement by Head of Corporate Affairs, Alexandra Mede described the story published by Sahara Reporters as a deliberate misrepresentation of facts and lacking in merit.
The statement clarified that what occurred was a structured Voluntary Retirement Exercise, VRE, formally advertised on March 3, 2026, and open to confirmed staff in designated senior cadres — Senior Manager, Principal Manager, Assistant General Manager, Deputy General Manager, and
General Manager.
According to Mede,the exercise was subsequently extended following approval by the Management Board at its 83rd meeting on April 28, 2026.
The statement insisted that every exit recorded was voluntary, incentivised, and processed in strict accordance with the terms of the exercise, extant Public Service Rules and applicable labour laws.
(Editor: Nkoli Omhoudu)
