News
More states set to adopt employee compensation scheme
More state governments are set to key into the Employee Compensation Scheme of the Nigeria Social Insurance Trust Fund(NSITF).
The above is to enable public sector workers at the state and local governments enjoy the remarkable benefits of the scheme in the world of work.
This is as Anambra and Abia State Governments promised over the weekend that measures would be taken to enrol workers in the states into the programme.
Speaking in Awka when the state Branch of the NSITF paid a sensitisation visit to the Government House, the Anambra State Head of Service, Barr. Theodora Igwegbe said she would liaise with all relevant offices towards ensuring the that state government enrols its workers into the Scheme.
According to a statement by Mr. Nwachukwu Godson, General Mnager, Corporate Affairs, NSITF and sent to Nationwide Reports, Igwegbe remarked that she was conversant with the Employee Compensation Act of 2010 and the enormous benefits the scheme can bring to the Government of Anambra State and her employees.
She said, “ while I served as the Deputy Clerk of the Anambra State House of Assembly in 2017, I engineered a private member bill, through my representative, on Employee Compensation Scheme, for possible adoption by the State Government, but that it did not see the light of day.
“With my current position as the Head of Service, I believe a great opportunity is here for me to liaise with other necessary offices in the state government towards the implementation of this laudable scheme.”
She promised to liaise with the state’s Accountant General and other relevant officers of the State government in a joint push, to actualise the programme.
Earlier while presenting his address, the NSITF team led by the Acting Manager of the Awka Branch, Mr. Okpala Chibikem said Governor Soludo’s vision of Dubai-Taiwan would receive a big boost with the enrolment of workers into Employee compensation Scheme. According to him, “the ECA 2010 is aimed at providing guaranteed and adequate compensation to registered employees in the event of death, injury, disability or diseases arising from work or in the course of work, at the place of work or outside of it.”
“It also provides compensation to the next of kin of an employee who may die at work or in the course of work,” noting that “the 1% of the workers emoluments to be paid as contribution by the State Government is not deductible from workers’ salaries as the State Government by ECA 2010 should shoulder the responsibility.” Okpala was accompanied by Peter-maximus Onunkwo, the branch’s head of legal unit as well as Okey Ndubisi.
Meanwhile, the Chief of Staff to the Abia State Government, Ajagba Chukwurah has assured that the new administration in the state would deploy employee compensation as one of the tools to lift the lots of Abia workers.
Ajagba who alongside the Senior Special Assistant to Governor Alex Otti on Commerce and Industry, Nwaka Inem, addressed a visiting team of the Umuahia Branch of the NSITF, commended the federal government for establishing the scheme but noted that a lot needed to be done to sensitize the public on its benefits.
In his presentation, the Manager of the Umuahia Branch of the Fund, Uzoafia Ulari informed that the Fund was making steady progress in the enrolment of private business in the State and urged the state government to avail its workers the benefits that NSITF provides by registering them.
He further stated that the family of a deceased doctor at the Federal Medical Centre Umuahia, who died in the course of work, was currently receiving death benefits from the NSITF, amidst other residents of the state who benefit from either medical expenses, disability or retirement compensations. He averred that once claims are properly made, with all the verifiable documents attached, the NSITF does not hesitate in discharging its responsibilities. Uzoafia was accompanied by the Manager of the Owerri Branch of the Fund, Wogu Enyinnaya and Ngozi Awuloha , the Branch’s head of Compliance.
News
Speaker, 14 other River State assembly members decamp to APC
15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.
Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.
“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.
Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.
All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.
News
CBN rolls out new directives to track financial fraud
The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.
Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.
The action comes in the wake of a dramatic increase in banking sector fraud.
According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.
The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.
Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.
The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.
It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.
News
DSS arrests medical doctor treating wounded terrorists
Operatives of the Department of State Service have arrested a medical doctor treating wounded kidnappers inside the forest in different parts of Kwara State.
The suspect, whose name could not be ascertained at press time, was also involved in supplying drugs to kidnapping gangs operating in Kwara.
The DSS intercepted the medical doctor in the Jebba area after intelligence reports revealed that some couriers had been moving medical supplies from Sokoto to treat wounded bandits hiding in forests across the state.
A security official said many of the criminal groups have sustained gunshot injuries in recent encounters with forces.
The source said, “So, we are advising improved security measures in health facilities in thickly forested areas which the kidnappers may target.”
Confirming the development, the Chief Press Secretary to the Governor of Kwara State, Rafiu Ajakaye, said the arrest was another significant breakthrough in ongoing efforts to combat banditry.
Ajakaye noted that the state government will continue to strengthen collaboration with security agencies to shut down all channels aiding kidnapping activities.
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