President Muhammadu Buhari has approved the reconstitution and placement of a new 11-man management board of the Nigeria Social Insurance Trust Fund (NSITF).
Olajide Oshundun, spokesman for the Federal Ministry of Labour and Employment said this in a statement he signed on Thursday in Abuja.
Mr Oshundun asserted that this is in consonance with the provisions of Section 4 and the powers conferred on him by Sections 7 and 8 of the NSITF Act, CAP N88, Laws of the Federation of Nigeria (LFN) 2004.
“The tripartite management board was reconstituted based on the provisions of the Act and following the expiration of the tenure of the former Chairman and non-executive members of the Board.
“Appointed as Chairman of the Board is Chief Emmanuel Nwosu, Fellow of the Nigeria Institute of Town Planners (FNITP), a seasoned urban planning and management expert, who is the immediate past chairman of the Nigeria Insurance Commission,” he said.
He also added that…
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