By Emmanuella Oghenetega
At the annual Management Performance Review (MPR), the management of the Nigeria Social Insurance Trust Fund (NSITF) gathered to reflect on the Fund’s performance in the past year.
Speaking at the event, the Fund’s Managing Director and Chief Executive, Barrister Oluwaseun Falaye, stated “This review is not a routine calendar event; it is a deliberate pause to reflect, to evaluate performance honestly, and to reset our priorities where necessary in order to deliver better outcomes for the institution and the people we serve.”
He urged the gathering to see themselves as Stakeholders who must continue to drive the success of the organisations bearing in mind it affects all.
Reflecting on the importance of such appraisal, the MD said, “The session held last year in Lagos was a crucial moment for the Fund.It marked a shift in how we interrogate performance, moving away from assumptions and comfort zones toward clarity, responsibility, and measurable results. Decisions taken at that session set the tone for a more disciplined and outcome-driven approach to management across the organisation.”
“Since then, our actions have been purposeful. We have focused on
strengthening operational structures, improving manpower alignment, expanding service presence, accelerating automation,
and engaging more deliberately with key stakeholders. These steps reflect a clear strategic direction: repositioning NSITF as a
responsive, credible, and value-driven social security institution that commands confidence and trust.”
Speaking to the theme of the MPR, Barrister Faleye said, “The theme of this year’s Review, “Reinforcing NSITF’s Role in Building Trust and Delivering Value Towards Strengthening the Social Security System”, goes to the core of our mandate. Trust is
earned through consistency, transparency, and professionalism.
Value is demonstrated when our processes work, when decisions are fair, and when outcomes meet expectations. Every interaction with employers, every inspection, every claim processed, and every decision taken by management either strengthens or weakens these two pillars.”
According to the MD, the meeting was expected to roll out performance targets for the future.
Setting agenda for the MPR, he said, “As we deliberate, we must remain anchored on five strategic priorities: expanding coverage, particularly within the private and
informal sectors; improving the timeliness and transparency of
claims processing; strengthening operational efficiency and financial discipline; deepening digital transformation; and upholding integrity and professionalism across all levels of the
Fund.”
He urged participants to hinge their presentation on facts and data and to be honest in self-appraisal.
In a welcome address, the Executive Director of Operations of the Fund, Mojisoluwa Ali-Macaulay, summed up the MPR providing “a structured opportunity to assess how far we have come, evaluate the effectiveness of our execution, and identify areas where greater focus and discipline are required. It is also a platform to align our operational priorities with the Fund’s strategic objectives for 2026.
“Over the past two years, we have worked deliberately to strengthen the operational foundations of the Fund; improving service delivery structures, aligning manpower
with operational needs, deepening automation, and reinforcing performance monitoring at all levels. These efforts have been guided by a clear objective: to ensure that NSITF’s operations consistently translate policy into measurable value for employers and employees,” she stated.
On the new outlets for compliance activities established by the Fund for easy access to NSITF officials, the ED Operations stated that new branches and service delivery centres have been established, adding that implemetations of the solutions from the 2024 MPR were successful.
