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NSITF raises N180 billion from employers’ enrollment in 10 years

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu, has revealed that the agency has raised N180 billion from employers’ enrollment from July 2011-May 30, 2021. He also said that plans were afoot to plug revenue leakages, even as he warned the public to be wary of fraudsters masquerading as agents of NSITF. At an interactive session with Finance Journalists in Abuja on Thursday, Akabogu also stated that the scheme has registered almost 200,000 employers. Out of this number, 170,000 employers are actively involved in the scheme by making their contributions steadfastly. He added: “We have collected both from the private sector who have contributed about 80% of the total revenue and we have collected from the government and all other agencies, so we...

Yiaga Africa demands effective monitoring, evaluation of coronavirus vaccination

A Civil Society Organisation, CSO, Yiaga Africa, on Monday, demanded effective monitoring and evaluation of COVID-19 vaccination and also strengthening the nation’s health sector. This was stated by the Director of Programmes, Yiaga Africa, Cynthia Mbamalu, while speaking on the need for the vaccination to be guided by certain principles that would bring about the inclusion of all citizens in the process. Mbamalu said: “The conversation is important to ensure that the whole process of vaccination is guided by certain principles and every aspect of society is catered for. In the implementation of vaccines in Nigeria, we need to deploy effective monitoring and evaluation systems that will help document how well we have done, document the learning, and how we can improve on the system. “Beyon...

Rare Christmas sales in Saudi Arabia

Christmas trees and glittery ornaments are for sale at a Saudi gift shop, a once unthinkable sight in the cradle of Islam where all public non-Muslim worship is banned. In recent years, festive sales have gradually crept into the capital Riyadh, a sign of loosening social restrictions after Crown Prince Mohammed bin Salman pledged to steer the conservative Gulf kingdom towards an “open, moderate Islam”. “I didn’t ever imagine I’d see this” in Saudi Arabia, a Riyadh resident told AFP at the shop selling trees, Santa Claus outfits as well as tinsel, baubles and other ornaments. “I am surprised,” said the resident, declining to be identified. Until barely three years ago, it was almost impossible to sell such items openly in Saudi Arabia, but authorities have been clipping the powers of the c...