
The Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Falaye, has commended staff of the organisation for their dedication, resilience and commitment to duty, describing their efforts as central to the Fund’s progress and stability.
Falaye gave the commendation in his New Year message to staff, where he acknowledged their sacrifices and assured them that management recognises and values their contributions.
According to him, the achievements recorded by the Fund are a direct result of the collective hard work and unwavering commitment of its workforce to the organisation’s mandate of protecting workers and their families.
“Your tireless efforts and hard work have been the driving force behind the Fund’s continued progress and stability. I want to assure you that your contributions have not gone unnoticed,” he said.
“The progress we have made is a direct result of your support, sacrifice, and unwavering commitment to our mission to protect workers and their families when it matters most.”
Reflecting on his time in office, the NSITF boss noted that the past 17 months had been particularly challenging, marked by institutional pressures and high expectations.
“The past seventeen months have been challenging, to say the least. We have navigated a difficult environment, faced institutional pressures, and carried the weight of high expectations that come with our mandate,” Falaye said.
He, however, praised staff for maintaining professionalism, integrity and a strong sense of responsibility despite the challenges, stressing that their dedication had helped preserve the integrity of the Fund.
“These challenging times have tested our resolve, but they have also reminded us of what truly sustains an institution: people who remain committed, focused, and dedicated to the cause, even in the face of adversity,” he added.
Looking ahead, Falaye assured staff that management is committed to addressing existing challenges and repositioning the Fund for greater effectiveness and sustainability.
“As we look ahead, management is resolute in its determination to address our challenges in a deliberate and responsible manner. We will continue to take the necessary steps to stabilise, strengthen, and reposition the Fund for future success,” he said.
He also acknowledged staff concerns over welfare, disclosing that the Board has approved certain measures, subject to regulatory clearances, to address these issues.
“I am mindful of the expectations of our staff, particularly with regard to welfare. On the recommendations of Executive Management, the Board has approved certain measures, subject to further regulatory approvals, that will address these concerns,” he noted.
Falaye urged staff to remain united and focused on the Fund’s shared vision, emphasising the critical nature of their work and the importance of collective effort in overcoming current challenges.
He concluded by thanking staff for their service throughout the year and wished them and their families a peaceful end-of-year season and a prosperous New Year filled with hope and renewed strength.