Barrister Oluwaseun Faleye, the Managing Director of the Nigeria Social Insurance Trust Fund has called on employers of labour in Nigeria to prioritize workers welfare by complying with the Employee Compensation Act.
Speaking Wednesday, at 4th edition of the Nigeria Employers Summit under the umbrella of National Employers Consultative Assembly, NECA, in Abuja, Barrister Faleye said welfare of workers as key stakeholders in enterprise ecosystem must be prioritized above every other consideration.
Barrister Faleye, who was sympathetic towards labour employers in the private sector for numerous challenges they faced, nevertheless, stated that stakeholders must "understand that in order to create sustainability that we envisaged, we must pay attention to the welfare and safety of the critical stakeholders within that value chain: the workers." He opined that, "It is by adhering to laws such as the Employees Compensation Act through which the Employees Compensation Scheme came about that this can be achieved."
Earlier in his speech, Barrister Faleye acknowledged the mutual commitment of NSITF and NECA to advancement of workers welfare especially, in the private sector. He further lauded the leadership role of the NECA in partnering NSITF to better the lot of the Nigerian workers.He promised to keep engaging stakeholders such as NECA with a view to ensuring compliance and thereby assuring the welfare of every Nigerian worker is assured.
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