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Nigeria Social Insurance Trust Fund (NSITF)

NSITF, Plateau govt agree for out of court settlement as Fund remits N62mPublished 12 hours ago on September 12, 2023By Online Editor

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The Nigeria Social Insurance Trust Fund(NSITF) and the Plateau State Government have agreed to withdraw their tax dispute from the Tax Appeal Tribunal and subsequently set up a four-man technical committee to resolve the matter.

The members of the committee include Paul Yakubu and Markus Chollom from the Plateau State Internal Revenue Service (PSIRS) and Kwatmen Mattias as well as Oche Samson of the NSITF. The committee was given a week to deliver on the assignment.

This comes as the NSITF paid the backlog of Pay As You Earn Tax (PAYE) of its regional and branch staff members to the tune of Sixty-two Million Naira (N62,000,000.00) to the Plateau State Internal Revenue Service (PSIRS)

Speaking while receiving the management of the Jos regional and branch offices of the NSITF in his office in Jos, the Executive Chairman of PSIRS, Mr. Jim Pam Waya commended the new management of the Fund for its renewed commitment to clearing the decade-long arrears of PAYE remittances to the state and accepted a request by the fund for an out of court settlement of the dispute which has been lingering at the Tax Appeal Tribunal. He further assured that PSIRS will support the NSITF towards the implementation of the Employee Compensation Scheme(ECS) to the benefit of workers in the state.
He expressed dissatisfaction that PSIRS reneged on its 1% contributions to employee compensation since registering for the scheme in 2012 and assured the NSITF of redress.
“This social security scheme is for the benefit of workers and their dependants in case of accident or death in the course of work. As the new Executive Chairman of PSIRS, my vision is to reposition it by aligning with programmes that promote our primary service to the state in terms of revenue generation as well as key into schemes such as the ECS which will uplift the welfare of our staff.” He stated that PSIRS would revisit its status on ECS and start payment soon.

A statement by Nwachukwu Godson, General Manager, Corporate Affairs, NSITF said that earlier in his address, the Jos Regional Manager of the NSITF, Mr. Martins Kuku called for a working partnership between the two organisations, noting that the NSITF as a responsible social security agency would continue to discharge its responsibilities to the government and workers in Plateau State. He argued it was high time the tax dispute between the Plateau State Internal Revenue Service and the NSITF was resolved.

Kuku said, “ it is at this instance that I seek the support of your organisation for the resolution of the lingering PAYE dispute between the NSITF and the Plateau State Internal Revenue Service in the interest of harmonious and inter agency cooperation.
“The time is here and the right decision is for us to withdraw the dispute from the Tax Appeal Tribunal for an out of the Court settlement in line with the ILO Convention on social dialogue and especially in the background of the exceptional commitment to obligations by our new Managing Director, Barr. Maureen Allagoa.
“ In a demonstrable steadfastness to our paradigm shift, the new leadership of the Fund has cleared the backlog of PAYE remittances amounting to over N62,000,000.00 (sixty-two Million Naira) to the Plateau State Internal Revenue Service, giving us a clean bill up to August 2023.
“A cordial relationship between our two organisations is mutually beneficial as it enhances seamless delivery of our mandates and obligations to the citizens of Nigeria. We are full of hope that the PSIRS which you chair toady, will reciprocate the patriotism of the new NSITF leadership and commence contribution to the employee compensation scheme which was abandoned after registration in 2012.”

Kuku said the NSITF has been paying claims and compensations to different enrolees in the state who properly lodged their cases with verifiable documents.
“We therefore cannot stop asking for the cooperation of government agencies to spread the good news of employee compensation which we are empowered to bring to the door step of the of the Nigerian workers.”
Kuku was accompanied to the visit by Yakubu Huseinni, the Jos Branch Manager of the NSITF, Abubakar Shafiu, Emmanuel Auta Anzaku, Mr. Kwatmen Mathias, Oche Oloche and Nanfa Fatip

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