Why "What comes to mind anytime this company called NSITF (National Social Insurance Trust Fund in Nigeria Must Be Repositioned As Social Insurance


credit:

"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.

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Johnson'S 'Intuition' Clashes with Data on Illegal Voting

The House is set to vote Monday on a bill that would make it harder for noncitizens to vote in federal elections. The SAVE Actshort for Safeguard American Voter Eligibilityis the brainchild of...more

Johnson'S 'Intuition' Clashes with Data on Illegal Voting

The House is set to vote Monday on a bill that would make it harder for noncitizens to vote in federal elections. The SAVE Actshort for Safeguard American Voter Eligibilityis the brainchild of...more

Image Pwc Businesswoman of the Year Awards 2024: Meet the Winners

"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more

Lcac Board President Releases Statement to Clear Up Rumors

Rumors have been swirling that the Lakeland Cultural Arts Center in Florida is going under, but the organization's president says those rumors are "greatly exaggerated." In a statement released...more

Joint Investment in Transformative Pediatric Medicine Projects

Phoenix Children's Hospital is known for its world-class medical care and cutting-edge research, but it's also one of the country's most under-funded. That's about to change, thanks to a group...more

The Flores Agreement Has Protected Migrant Children for Nearly 3 Decades. Changes May Be Coming.

The Trump administration is asking a California district judge to end court oversight of how the federal government cares for migrant children in its custody, the AP reports. The request to a US...more

Embracing Cross-Border Philanthropy: A Global Responsibility for Collective Prosperity
Foundation: Gates Foundation

When it comes to giving, Bill and Melinda Gates are no longer the world's most famous philanthropists. Instead, they're among the world's most giving people, according to a ranking of the world's...more

Demand for Community Municipal Grants Exceeds Supply

The county of Quinte in eastern Canada has come up with a novel way to fund community projects: selling beer. The idea is to raise money through the sale of Molson Canadian beer, which has a...more

First Interstate Bank Awarded Fib Foundation Grant of $2500 to Holt County 4-H Foundation

Miya Carey was among 13 Nebraska 4-Hers selected to attend the 102nd National 4-H Congress in Atlanta from Nov. 24-28, 2023. The Lincoln Journal Star reports the event is "the premier...more

Spring 2024 Community Grants Will Support 26 Local Charitable Initiatives

"They also answered our call to increase belonging and wellbeing, through projects in the arts, recreation, food security, education, and support for mental health and addiction." Those are the...more





Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.



Federal Government Grant and Assistance Programs


Hispanic Serving Institutions Education Grants | Biorefinery Assistance | Grants for the Rural Veterans Coordination Pilot | National Center for Campus Public Safety | Social Insurance for Railroad Workers | Affordable Care Act (ACA) Nursing and Home Health Aides Training Program | Solicited Grant Program | 93.518 Affordable Care Act Medicare Improvements for Patients and Providers | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders