NSITF Decries Absence Of Social Security For Informal Workers | Independent Newspapers Limited
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NSITF Decries Absence Of Social Security For Informal Workers

Posted: Oct 30, 2015 at 7:00 am   /   by   /   comments (0)

Mr Ismail Agaka, General Manager, Nigeria Social Insurance Trust Fund (NSITF), has decried the near absence of social security for informal workers in the country.

Agaka said this while speaking with the News Agency of Nigeria (NAN) on the sideline of a one-day stakeholders meeting on Thursday in Abuja.

The theme of the stakeholders meeting is “Addressing the Specific Social Protection Need of the Informal Economy and Rural Workers through Cooperative-Based Delivery System.”

He said that informal workers were not benefitting in the social security scheme because they were not under a registered cooperate body.

He listed nine branches of social security to include old age pension, survival benefit, family benefit, maternal benefit, health care, unemployment benefit, sickness benefit and disability benefit.

Akaga said that the International Labour Organisation (ILO) was expected to provide three of the benefits to every individual, adding that only two of these were provided in the country.

He noted that the informal workers contributed about 80 per cent of the nation’s Gross Domestic Product (GDP), hence government should extend social protection to them for the good of the country.

The general manager bemoaned the lack of national security policy, noting that since Nigeria had about nine government agencies carrying out social security programmes without being regulated by a singular body.

“If a ministry is empowered to coordinate social security, it will serve the good of all Nigerians and there will be result, but as it is now, we have about nine to 10 ministries providing such.”

He urged the informal sector to key into available programmes that could empower them, adding that it also need to partner with Federal Government to design a programme for the sector in order to benefit from all the social security facilities.

Akaga decried the high level of poverty in the country, noting that this situation had engendered increasing inequality with widespread joblessness, poor access to income opportunities and insecurity of employment, among others.