Nigeria trust fund expands coverage and speeds claims
vanguardngr.com · 24 September 2026
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Oluwaseun Faleye, Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), stated that building retirement security happens during employment, not after.
Faleye explained that individual retirement planning needs support from institutions like the NSITF. The NSITF currently provides coverage for 7.8 million workers in Nigeria. Faleye also announced the fund reduced its claim processing time to 10 days.
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