Economy
Injured, Sick Nigerians To Get Money Under Employee Compensation Act
The Nigerian government, on Monday, approved the universal implementation of the Employee Compensation Act (ECA) 2010.
Minister of Labour and Employment, Chris Ngige addressed reporters after an emergency council meeting presided over by Vice President Yemi Osinbajo.
The new law, operated by the Nigeria Social Insurance Trust Fund (NSITF), replaces the old Employee Compensation Act called ‘Workmen Compensation’.
Noting that the private sector had implemented the Act, he said the public sector – federal, state and local governments – must now adopt it to protect workers.
The Act provides that the worker, who is injured, had an accident, contracted a disease or disabled or died in the course of work, should be compensated.
Ngige confirmed the directive that all staff of ministries, departments and agencies should be covered with a percentage contribution.
“It is an insurance premium, one percent of remuneration. You pay it and it insures your worker against these workplace accident injuries,” he said.
The council directed the Minister of Finance and the Budget Office to make provision for it in the annual budget as social contributions.
-
Entertainment2 years agoAdanma Luke Appeals for Forgiveness over Junior Pope’s Death: “I’m Gradually Losing My Life, Please Forgive Me”
-
Security News2 years agoRivers: Tension as Gunmen on Speedboat Abduct Fubara, Police Launch Manhunt
-
Security News2 years agoSoldiers in South East Extort, Humiliate Us While Kidnappers Operate Freely Near Checkpoints, Igbo Women’s Group Alleges
-
Politics2 years agoRevealed: Ajuri Ngelale Fired Over Feud with Onanuga, Despite Medical Cover Story
-
General News2 years agoGov. Soludo Seals Peter Obi’s Campaign Office, Edozie Njoku-Led APGA State Office
-
Security News2 years agoEnugwu-Ukwu in Shock: Deadly Ambush Leaves Multiple Dead, Survivors in Fear
-
General News2 years agoVideo: Moment DSS Staff Erupt in Jubilation as News of Bichi’s Sack Announced
-
Breaking News2 years agoJUST IN: Presidential Adviser Ajuri Ngelale Steps Down Temporarily, Cites Reasons
