The Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye has stressed that no Nigerian worker should be left behind as the country implements economic reforms.
This is as he called for deliberate policies that promote inclusive growth and protect the workforce.
Faleye made the call on Monday in Abuja while delivering a goodwill message at the 5th Annual Summit of the Nigeria Employers’ Consultative Association (NECA), where he urged stronger collaboration among government, employers and workers to build a resilient and competitive economy.
He said while Nigeria’s ongoing reforms are reshaping the business environment, inclusive growth can only be achieved when worker welfare remains central to the reform agenda, noting that sustainable economic progress depends on shared responsibility and mutual trust among all stakeholders.
“As Nigeria pursues economic reforms, we must remain deliberate in ensuring that growth is inclusive and that no segment of our workforce is left behind,” Faleye said.
The NSITF boss described the summit’s theme, “Leveraging Reforms and ESG for Enterprise Competitiveness and Inclusive National Growth”, as timely, saying businesses across the country are adapting to new policy realities while seeking innovative ways to remain competitive and create value for society.
“Across the country, businesses are adapting to reforms, responding to new realities and seeking innovative ways to remain competitive while creating value for society,” Faleye said.
Referencing a Nigerian adage, “The left hand washes the right, and the right hand washes the left”, he stressed that “lasting progress is built on partnership.”
According to him, “Government, employers and workers each have a role to play, and when we work together with trust and shared purpose, everyone benefits.”
noting that at NSITF, worker protection and enterprise competitiveness are viewed as complementary goals.
He argued that a safe, protected, and confident workforce is more productive and resilient, while businesses that invest in employee wellbeing build stronger, more sustainable institutions, and further highlighted the Employees’ Compensation Scheme as a critical pillar of social protection, saying it supports workers and gives employers “confidence to operate within a fair and predictable framework”.
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