Africa Press-Nigeria:<\/p>\n
The Federal Ministry of Labour and Employment has dismissed claims by the Nigeria Employers\u2019 Consultative Association that the suspension of the management of the Nigeria Social Insurance Trust Fund violated the procedure approved by the President.<\/p>\n
The ministry insisted that the removal of the NSITF management followed due process \u201cas the Federal Government hundred per cent owned the parastatal\u201d.<\/p>\n
The Director-General of NECA, Timothy Olawale, had in a letter to the Minister of Labour and Employment, Chris Ngige, on Friday, faulted the suspension of the NSITF management, saying it was arbitrary and did not follow the due process.<\/p>\n
He said the investigations into the allegations against the NSITF leadership was not concluded yet, noting that Ngige did not secure presidential approval to sack the officials as he claimed.<\/p>\n
But the Deputy Director, Press and Publicity, Ministry of Labour, Charles Akpan, in a statement in Abuja on Saturday, argued that Ngige acted in line with the Constitution, the Public Service Rules and NSITF Act.<\/p>\n
He explained that the NSITF Act empowered the minister to recommend fit and proper persons to the President for appointment for the post of chairman, managing director and three executive directors to manage the day to day affairs of the agency.<\/p>\n
According to the ministry, \u201cinfractions uncovered include N3.4 billion squandered on non- existent staff training split into about 196 different consultancy contracts in order to evade the Ministerial Tenders Board and Federal Executive Council approval.<\/p>\n
\u201cNon-existent unexecuted N2.3bn was documented and paid while N1.1bn is awaiting payment without any job done, all totalling N3.4 bn.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Africa Press-Nigeria: The Federal Ministry of Labour and Employment has dismissed claims by the Nigeria Employers\u2019 Consultative Association that the suspension of the management of the Nigeria Social Insurance Trust Fund violated the procedure approved by the President. The ministry insisted that the removal of the NSITF management followed due process \u201cas the Federal Government […]<\/p>\n","protected":false},"author":62,"featured_media":26958,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1189],"class_list":["post-26955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-minister-of-state"],"yoast_head":"\n