Tinubu Assures Workers of Stronger Social Security Protection

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President Bola Ahmed Tinubu has assured Nigerian workers of stronger protection against economic shocks, workplace risks, and post-retirement uncertainty, pledging that no worker will be left vulnerable.

Tinubu gave the assurance on Wednesday at the opening of the 2026 International Social Security Association West Africa Seminar in Abuja, hosted by the Nigeria Social Insurance Trust Fund.

Represented by the Minister of Budget and National Planning, Atiku Bagudu, the President said his administration’s Renewed Hope Agenda is focused on protecting livelihoods, restoring opportunity, and strengthening social security institutions.

He disclosed that over 7.5 million Nigerian workers are now covered under the Employees’ Compensation Scheme, adding that the government has improved workplace injury protection through NSITF.

The President also said more than 10 million workers are contributing to the Contributory Pension Scheme, with total pension assets exceeding ₦25 trillion, reflecting growing confidence in retirement security.

According to him, employment remains the most effective form of social protection, noting that the National Directorate of Employment has empowered over two million Nigerians through skills development and job creation programmes.

He added that access to healthcare has improved, with over 16 million Nigerians enrolled in health insurance schemes, reducing out-of-pocket medical expenses.

Tinubu further highlighted government interventions such as conditional cash transfers, food support programmes, and youth empowerment initiatives including N-Power, as part of efforts to support vulnerable populations.

He said reforms in housing, including the National Housing Fund and Renewed Hope Housing Programme, are expanding access to affordable homes, while improved data systems like the National Social Register are helping to target support effectively.

The President stressed the importance of effective communication in driving social security programmes, urging policymakers to adopt grassroots engagement strategies that resonate with citizens.

Also speaking, the Minister of Labour and Employment, Mohammed Maigari Dingyadi, reaffirmed the government’s commitment to protecting workers, describing NSITF as a critical institution for compensating employees in cases of workplace injury, disability, or death.

He noted that the seminar provides a platform for West African countries to share ideas and strengthen social protection systems, particularly for workers in the informal sector.


 

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