• Contact Us
  • About Us
Monday, December 22, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

FG committed to promoting Social Security — Ngige

metro by metro
October 5, 2018
in Economy
0
0
SHARES
0
VIEWS

Chris NgigeThe Federal Government is committed to promoting social security in order to eradicate poverty, ensure inclusion and address contemporary socio-economic challenges in the country.

Sen. Chris Ngige, the Minister of Labour and Employment, gave the assurance during the Induction/Award of Fellows Ceremony of the Institute for Social Security Development (ISSDEV) in Abuja.

Read Also

FG Projects 2026 Deficit Of 4.28% Of GDP As Tinubu Proposes Spending Plan

Banks To File Reports On Accounts With N25m Quarterly Turnover Under New Tax Law

FG Approves 2026 Fiscal Plan, Targeting 2.06m bpd, $64 Crude Oil Benchmark, N1,512/$1 Exchange Rate

Ngige was represented by Mrs Dorcas Ajiboye, Director, Social Security and Occupational Safety and Health, and Cooperative Development Department in the ministry.

The minister said that the event provided the opportunity to highlight the importance of social security in enhancing socio-economic stability in the country.

According to him, the promotion of social security “emphatically proves the commitment of the government to its change agenda in ensuring the welfare of all citizens”.

“With the emergence of various ongoing programmes in the Social Security, Social Protection and Social Safety net, different groups of vulnerable persons, unemployed and employed Nigerians have benefited, thereby ensuring and advancing good governance.

“Social Security is generally considered as the panacea to poverty eradication, social inclusion, peace and other contemporary socio-economic challenges.”

Noting that social security in Nigeria is fragmented, Ngige underscored the need to sufficiently prioritise the premise on which social security is built and called for more efforts to address the noticeable gaps.

He gave assurance of the ministry’s commitment to work with all Social Security stakeholders for greater achievements.

“More than ever, we all need to work closely in addressing this variance.

“It is pertinent that deliberate and dedicated support from all sides be given to achieve comprehensive social security coverage in all strata of the society,” Ngige said.

Also speaking, Mr Issa Aremu, General Secretary, National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN), noted that Nigeria was one of the few countries lagging behind on the issue of social security.

According to Aremu, who is also the Labour Party Governorship Candidate in Kwara, described social security as a set of policies and programmes designed to reduce poverty in any country.

“I am happy that an institute is being formed to really raise awareness towards the improvement of social security in the country.

“We can absolutely agree that social security is a human right; it is the right of every one.”

Aremu said that the ongoing negotiation of the new National Minimum Wage should be used to also factor in the minimum pay for pensioners.

“It is not just minimum wage for those who are working, I think there should be minimum pay for pensioners.”

The Labour leader charged the institute to revisit the 2014 National Conference Report on the issue of Social Security as well as champion the cause for the creation of a Social Security Development Fund that would cater for the aged and vulnerable in the society.

Earlier, Sen. Chris Adighije, President of the institute, said it was envisioned to assist the government, employers and workers towards building social protection floors and comprehensive social security system in the country.

Adighije, who is also the institute’s Council Chairman, charged the new inductees on absolute diligence, commitment and professionalism in the discharge of their various assignments.

He added that this is with a view to attracting more members so that the institute would grow to enviable heights.

In a remark, the Registrar, Mr Johnny Okoronkwo, said the institute’s mission included enhancing the knowledge base on social security issues through capacity building and strategic partnership with relevant stakeholders, to ensure the development of a comprehensive social security system in the country.

Okoronkwo said the institute would also promote public awareness on social security services and administration.

“We will promote and support all social security interventions and ensure their adherence to national and international standards,” Okoronkwo said.

The News Agency of Nigeria (NAN) reports that the International Labour Organisation (ILO) has played a major role in developing an internationally defined normative framework guiding the establishment, development and maintenance of social security systems across the world.

It has become the world’s leading point of reference as stated in Convention No. 102, which is the flagship of the up-to-date social security Conventions since it is deemed to embody the internationally accepted definition of the principle of social security.

The UN agency defines social security as the protection that a society provides to individuals and households to ensure access to health care and to guarantee income security, particularly in cases of old age, unemployment, sickness, invalidity, work injury, maternity or loss of a breadwinner.

Nigeria is a signatory to the ILO Convention 102.

Tags: Chris Ngige
Previous Post

PDP chieftain, Nwaoboshi, re-arraigned over alleged money laundering

Next Post

Strengthening gas-to-power projects for efficient power supply

Related Posts

FG Projects 2026 Deficit Of 4.28% Of GDP As Tinubu Proposes Spending Plan
Economy

FG Projects 2026 Deficit Of 4.28% Of GDP As Tinubu Proposes Spending Plan

December 19, 2025
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Economy

Banks To File Reports On Accounts With N25m Quarterly Turnover Under New Tax Law

December 13, 2025
Nigeria’s Banking Recapitalization: A ‘Too Big To Fail’ Scenario In The Making?”
Economy

FG Approves 2026 Fiscal Plan, Targeting 2.06m bpd, $64 Crude Oil Benchmark, N1,512/$1 Exchange Rate

December 3, 2025
Debt Crisis Hits New Highs In Developing Nations, Relief Deal Needed, Says UN
Economy

Worries As Nigeria’s Public Debt Keeps Rising, N152.39 trn  In Q2 2025

December 2, 2025
Next Post

Strengthening gas-to-power projects for efficient power supply

Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 

US Suspends Green Card, Citizenship Applications For Nigerians Under Expanded Travel Restriction Policy

December 21, 2025
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

December 21, 2025
Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

December 21, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version