The NLC blackmail agenda on Labour Minister - Vanguard News

To refresh our minds, the NSITF was a product of the liquidation of the old National Provident Fund . It was set up by the Federal Government via Decree No.23. 1993 and embodied into the Law of the Federation as NSITF Act Cap N88, LFN 2004.

Section 5 of the Act also says – the members of the Board shall be paid certain remuneration and allowances as the Minister of Labour may from time to time determine. Since the Minister had insisted on due process of appointing the NSITF Chairman, he has continued to receive abuses from the Wabba-led Labour since it does not favour their candidate.

He actually, in April 2018, attended the NUPENG NEC in session meeting and reported “Minister Ngige” for trying to humiliate him. He reported the Minister to the Senate Committee on Labour, Productivity, Employment and its House of Representatives counterpart with strongly worded petitions. The report alleged eight top NSITF officials of General Managers cadre operated private companies in which they were Directors and signatories and which they also used in milking public funds from the NSITF.

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