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"What comes to mind anytime this company called NSITF (National Social Insurance Trust Fund) comes up in the news? Fraud." That's what a businessman in Nigeria has to say about the country's social insurance agency, which has been accused of embezzlement and mismanagement in the past, the Guardian reports.
In a blog post, the owner of a construction company says he received a letter last year from the agency saying it would be inspecting his books.
"I wasn't even happy paying them, but I'm being forced to do so statutorily," he writes.
"Paying hard-earned money to NSITF felt very much like dumping money in the ocean or setting money on fire."
"The last five management teams of this organization have been dismissed in ignominy with serious allegations of fraud," he continues.
"The same fund-led management alleged bullying by the minister of Labour, Chris Ngige, but I'm not sure it was able to prove its own fidelity."
Ngige, for his part, says the agency was created with the intention of supporting people who had lost their jobs.
"We cannot just be dumping money into a blast furnace every year," he says.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
Foundation: Community Foundation of Southern Indiana
"When you see the kids interacting and them building communitythat's what it is," says Camp Quality Kentuckiana executive director Eddie Bobbitt. "It's bigger than fishing and pie fights." The...more
Foundation: Hawaii Community Foundation
If you're in your 60s or older and looking for adult day care in Maui, you're in luck. The nonprofit Maui Adult Day Care Centers lost its West Maui Center in the Lahaina fire last August, but...more
A Missouri State University student has won an Emmy for his behind-the-scenes look at a Springfield zoo, the Springfield News-Leader reports. Jon Mabee taught film and television students to film...more
When Bill Bone was hit by a car while riding his bike in Florida last year, he didn't know it at the time, but the accident would prove to be the final nail in his coffin. His wrongful death suit...more
"We are committed to being an industry leader in creating a culture where every individual is valued, respected, and can fully contribute their best selves." So says Hillary Wirtz, the senior...more
Foundation: Rockefeller Foundation
John Kerry has a new gig, and it's not as high-profile as his old one, but he's still making headlines for it. The former secretary of state announced Tuesday that he'll serve as honorary chair...more
It's been a decade since a group of nations agreed to work together to combat climate change, and on Tuesday, the Climate Technology Center and Network (CTCN) celebrated its 10th anniversary with a...more
"The future of our nation hinges upon its young,educated, and socially conscious demographic," State Bank of India CEOjay Prakash says in a press release. Prakash is referring to the roughly 1...more
A Connecticut nonprofit that provides after-school programs for at-risk girls is getting a big boost from a local business group. The Chamber of Commerce of Eastern CT Foundation has awarded the...more
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
