- NSITF announced significant steps to implement the Federal Government’s eight-point agenda, with a focus on social security and job creation
- The organization has adopted a new Performance Management System to evaluate employee performance more systematically and effectively
The Nigeria Social Insurance Trust Fund (NSITF) has taken significant steps to implement the Federal Government’s eight-point agenda on job creation and social security. NSITF Managing Director, Maureen Allagoa, made this announcement during a workshop on the implementation of a new performance management system for the fund’s staff in Abuja.
Allagoa stressed the importance of the NSITF’s role in realizing the objectives of the Federal Government’s eight-point agenda, particularly in the realm of social security. In light of the various challenges faced, she emphasized the need for the NSITF to adapt its operations to enhance performance evaluation.
She stated, “To maintain our relevance as the nation’s primary social security agency, we must ensure that we leave no gaps in our contributions. It is essential to remember that one of the goals of employee compensation is to foster the growth of a robust national workforce. Without this, achieving optimal productivity, growth, and social inclusion becomes more challenging.”
Allagoa expressed satisfaction that the NSITF has embraced a revamped performance assessment system that measures and tracks actual performance, following the initiative led by the Head of the Civil Service of the Federation, Mrs. Folashade Yemi-Esan. The NSITF has fully adopted the Performance Management System (PMS), which offers a more systematic approach to evaluating employee performance, leaving behind the deficiencies of the Annual Performance Evaluation Report (APER).
The NSITF’s commitment to implementing these new measures signifies its dedication to contributing to the Federal Government’s eight-point agenda and enhancing social security for the Nigerian workforce.