NSITF to Expand Coverage to Informal Sector Artisans, Traders, Get Hazard Compensation Benefits.

Nigeria's Nigeria Social Insurance Trust Fund (NSITF) plans to expand its Employees Compensation Scheme to include artisans and traders, benefiting thousands in the informal sector with hazard compensation.

Nigeria's Nigeria Social Insurance Trust Fund (NSITF) has announced plans to expand its Employees Compensation Scheme to include artisans and traders from the informal sector, a move expected to provide much-needed benefits to these vulnerable groups. The development is part of the NSITF's ongoing efforts to promote social justice and ensure fair compensation for workers in various industries. As of now, the scheme primarily caters to formal sector employees, with this expansion aimed at bridging the gap between the formal and informal sectors. This move aims to provide essential financial support to those who are often left out of traditional insurance programs.