The Nigeria Labour Congress (NLC) has accused the Nigeria Social Insurance Trust Fund (NSITF), over alleged mismanagement and diverting 40 per cent of workers’ contributions to the national coffers as revenue.
The NLC stated that the move was in flagrant violation of the statutes establishing the agency.
In a statement issued by the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaro said NSITF must return all funds diverted within seven working days from Thursday, August 14, 2025.
Ajaero maintained that if NSITF fails to do the needful, the union would no longer guarantee industrial peace in the sector.
The union during the end of the meeting by its Central Working Committee, described the situation as assault on workers’ social protection rights.
The NLC gave NSITF seven (7) working days to return all diverted funds, NLC will no longer guarantee Industrial peace in the sector.
The union also condemned the new administration’s false claim of ownership of the NLC National Headquarters, a property owned by Nigerian workers, resort to cyber and media-bullying of the trade unions and leadership, coupled with covert moves to amend the NSITF Act in a manner that would disenfranchise workers and give the government full control over the funds.
About The Author
