Following the alleged diversion of workers’ funds from the Nigeria Social Insurance Trust Fund (NSITF), the Nigeria Labour Congress (NLC) has issued a 7-day ultimatum to the Federal Government to refund workers and immediately constitute the Governing Board of the National Pension Commission (PENCOM).
This is contained in a communique issued after its Central Working Committee (CWC) meeting in Abuja. NLC warned that failure by President Bola Tinubu to act immediately on the demands would result in a nationwide strike. The meeting, chaired by NLC President Joe Ajaero, reviewed the disturbing issues affecting Nigerian workers, the trade union movement, and the state of the nation.
“Nigeria Social Insurance Trust Fund (NSITF): The CWC expresses outrage at the ongoing assault on workers’ social protection rights through the Federal Government’s diversion of 40% of workers’ contributions to the national coffers as ‘revenue’, in flagrant violation of the statutes establishing the NSITF,” the communique read in part. The Congress affirms that the NSITF belongs to the Nigerian working class and will mobilise all legitimate means to ensure workers’ interests are protected,” it added.
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