News
NLC gives FG 2 weeks to refund ‘illegally deducted 40% ECS funds’
By Victor Ahiuma-Young
The Nigeria Labour Congress, NLC, has accused the Federal Ministry of Finance of illegally deducting 40 percent of funds meant for the Employees’ Compensation Scheme, ECS, warning that the action threatens workers’ welfare and violates existing labour laws.
In a strongly worded letter addressed to the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund, NSITF, NLC President, Joe Ajaero, demanded an immediate refund of the deducted funds within two weeks, with interest.
The letter dated July 22, 2025, reads in part: “We write to bring to the attention of the management of the Nigeria Social Insurance Trust Fund (NSITF) the illegal deduction of 40% of the contributions to the Employees’ Compensation Scheme (ECS) by the Federal Ministry of Finance. This claim was made some time ago by a top official of the NSITF and has not been publicly repudiated to date.
“The Nigeria Labour Congress is concerned that despite the clear provisions of Sections 33 and 39(1) of the Employees’ Compensation Act (ECA), 2010, which mandate every employer to make a contribution of 1% of its total monthly payroll to the ECS as their contribution to mitigating the impact of occupational injuries on behalf of their employees.
“In demonstration of the dedication of the ECS to employees’ welfare, the Act expressly prohibits employers from deducting this contribution from their employees. It is, therefore, strange and extremely weird to us why the Federal Ministry of Finance would deduct 40% of the ECS contribution under the guise of removing the operating surplus of the fund and purportedly in line with the Fiscal Responsibility and Finance Act of 2020.
“We wish to remind the management of the NSITF that the ECS was developed to provide a buffer for workers who encounter workplace or occupational accidents or even death while at work. It is in the overwhelming consideration of the welfare of workers that the Act ensured that the ECS was designed to be a ‘No Fault Scheme’.
This is to ensure that the ECS would essentially cater to workplace hazards, injuries and death.
“It is for this reason that the NSITF, as a tripartite agency holding contributed funds in trust for the benefit of workers, is not treasury-funded and does not draw from the Consolidated Revenue Fund of the Federation. This means that the NSITF is not designated to be a revenue agency of the government.
“The implication is that there is no basis whatsoever, both in law and practice, for the deduction of any part of the funds contributed to the Employees’ Compensation Scheme for the benefit of Nigerian workers.
“The Nigeria Labour Congress demands answers on the illegal deduction of 40 percent of the contributions to the ECS.
“Given the clear position of the law on this matter, Congress demands that the illegally deducted funds from the ECS be returned to the fund immediately and with reasonable interest, within two weeks of the receipt of this letter.”
News
PRESIDENT TINUBU’S TRIBUTE TO CENTENARIAN ALHAJI TANKO YAKASAI
Of the noble men and women who stood firm for our liberty and freedom from repressive colonial subjugation, Alhaji Tanko Yakasai is the last man standing. Born a hundred years ago in Kano City, Alhaji Yakasai exemplifies a purposeful life, carving out a meaningful legacy despite humble beginnings.
Disturbed by the injustice and maltreatment he witnessed under colonial rule, he chose to join the fight for Nigeria’s liberation. As a young man, Baba Yakasai channelled his energy into the struggle for the emancipation of his people and the rest of the country as a freedom fighter, journalist, and frontline political activist.
His activism led him to join hands with comrades in the Northern Elements Progressive Union (NEPU), led by the visionary radical Mallam Aminu Kano. Through NEPU, Yakasai and his co-travellers launched a massive awakening campaign in Northern Nigeria, igniting the fire for the Independence struggle.
In the aftermath of Nigeria’s Independence in 1960, Yakasai maintained an abiding faith in the country and its development. He played several significant roles, including serving as State Commissioner in Kano under Military Governor Audu Bako and as Special Assistant on National Assembly Liaison to President Shehu Shagari during the Second Republic.
In both youth and old age, Yakasai remains a shining example of commitment to Nigeria. He is a consensus builder who consistently weighs in on the side of national cohesion, peaceful coexistence, and democratic consolidation.
In celebrating Baba Yakasai today, I am not only celebrating the man and his personal achievements, but also a century of dedicated service to freedom and democracy and many years of supporting me and the progressive cause.
I am pleased to join family, friends and associates to celebrate the life and commitment of Alhaji Tanko Yakasai as he turns 100 on December 5.
President Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief
Federal Republic of Nigeria
December 4, 2025
Business
Boris Johnson Says He Feels “Perfectly Safe” in Nigeria, Praises Imo State’s Progress
Former British Prime Minister Boris Johnson has expressed confidence in Nigeria’s security, saying he feels perfectly safe during his visit to the country. His remarks come amid ongoing reports of insecurity in various parts of Nigeria, making his statement a notable endorsement of the nation’s stability in certain regions.
Johnson made the declaration on Thursday, December 4, 2025, while addressing participants at the Imo State Economic Summit 2025 in Owerri, the state capital. He acknowledged having read travel advisories and news reports highlighting security concerns prior to his trip but said his experience has been reassuring.
He said he feels perfectly safe in the country and emphasized that the summit environment and local hospitality contributed to his sense of security. He also asked the audience if they felt safe, receiving an enthusiastic affirmation.
During his visit, Johnson commended Governor Hope Uzodimma and the Imo State Government for their development initiatives, particularly efforts to provide 24-hour electricity. He highlighted the potential of Nigeria as a hub for innovation and economic growth, noting the opportunities presented by emerging technologies such as artificial intelligence.
While his statements have been welcomed by some as a boost to international confidence in Nigeria, analysts caution that the former prime minister’s experience reflects only a controlled and secure environment within Imo State. Several parts of the country continue to face challenges, including banditry, communal conflicts, and kidnappings.
Nonetheless, Johnson’s visit and remarks are significant, sending a positive message to investors and global observers about Nigeria’s potential for stability and progress. They also underscore the contrast between localized experiences of safety and broader security challenges across the country.
Business
Dangote to Uzodimma: Just show me where to invest
By Emmanuel Iheaka, OWERRI
The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.
Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.
The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.
Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.
“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.
He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.
“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.
Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.
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