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Sunday, February 19, 2012

FG Begins Implementation of Employee Compensation Act



Francis Okeke

The Federal Government is set for the full implementation of the Employee Compensation Act (ECA) nationwide, Minister of Labour and Productivity Chief Emeka Wogu said.

The ECA, which replaced the Workmen's Compensation Act, is fully funded by employers to provide a partial replacement of work income during the time when a person is out of work due to various causes.
Wogu stated this during the inauguration of the board of directors of the Nigeria Social Insurance Trust Fund (NSITF) which will supervise the implementation of ECA and the management of the Compensation Fund established under Section 56 of the Act.

The minister said ECA 2010 has elaborate provisions for the payment of cash and non-cash compensation to all employees both in the public and private sectors who suffer from occupational diseases or sustain injuries from accidents at workplace or in the course of employment.

He said economic insecurity arises in considerable part from interruptions to income from work caused by unemployment, retirement in old age, death of the family breadwinners, disability or other economic factors.
The minister challenged the board to ensure effective implementation and administration of the Act and as well conduct elaborate public enlightenment and sensitisation campaign of all employers and workers.

Members of the board is chaired by Dr. Ngozi Olejeme are Managing Director of NSITF Umar Mohammed Munir, two representatives of Nigeria Employers Consultative Association and one representatives of Central Bank of Nigeria (CBN).

Others are President of the Nigeria Labour Congress (NLC) Abdulwaheed Omar, Deputy President of NLC Comrade Joe Ajaero, Mr. Ibrahim Wakawa, Dr Godson Dinneya, Mr Weight Obua and the Permanent Secretary Minister of Labour Engineer Anthony Ozodinobi.













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