Managing Director/CE of Nigeria Social Insurance Trust Fund (NSITF), Dr. Enukora Joe Okoli, has described the newly inaugurated board of the agency as timely.

Okoli said, "The reconstitution of the board, by the Honourable Minister of Labour & Productivity, Prince Adetokunbo Kayode, is also a clear indication that the government of President Umaru Musa Yar'Adua is fully committed to the revival of NSITF and the funding of its social security programmes".

The appointment of Mrs. Ngozi Olejeme as chairperson of the board is very historic in view of the fact that she is the first woman to be appointed to chair the board of the agency.

He expressed the hope that the Olejeme-led board will build on the modest achievements of the new NSITF in working towards providing social security to all Nigerians.

Also appointed to NSITF Board is the President of the Nigeria Labour Congress (NLC), Abdulwaheed Omar, and Dr. R. U. Uche, immediate past President of the Institute of Chartered Accountants of Nigeria (ICAN), representing Nigeria Employers' Consultative Association (NECA).

Other members include Mrs. Osaretin Demuren, Director of Human Resources at Central Bank of Nigeria, representative of the Ministry of Labour, Managing Director and Executive Directors of NSITF.

The Minister of Labour used the occasion to reiterate the present administration's commitment to the improvement of labour administration and Management in Nigeria as a necessary tool for economic growth, industrial peace and social security.

In her acceptance speech, Olejeme on behalf of other members, expressed their commitment to the growth of the Ministry and the progress of our people and the nation in general.

Extending her hand of comradeship, fellowship and partnership to Management and staff of the various parastatals, Olejeme promised to provide the Minister the best possible assistance in ensuring that the Federal Ministry of Labour and Productivity flourishes, prospers and effectively plays its crucial role in meeting the 7-Point Agenda of the Federal Government.