BPP/NSITF/ITF/PENCOM

The Nigeria Social Insurance Trust Fund (NSITF) is an institution that is fully responsible for the control of the welfare of employees for work related accidents and injuries. The Employee Compensation Scheme is a form of social insurance method which provides that there should be adequate and timely compensation for employees who suffer diseases or injuries in the course of employment

It is worthy to note that the NSITF is applicable to all employers and employees in both the private and public sector in Nigeria. The employers make contributions for their staff (at no cost to the employees) to the funds by virtue of a scheme known as called employee compensation scheme. 

The employer rate of contribution is 1% of the total monthly payroll, consisting of the total emoluments.

Payment of any assessment due to NSITF shall be due on the 1st January in the year for which it relates.

It is a statutory obligation under the Employee’s Compensation Act for employers to and so failure to do so will amount to a breach of the law.

They are as follows:

• The first step is to process registration of the employers with the NSITF office by submitting the following documents; Certificate of Incorporation, Completion of Registration form ECS RE 01- stating Company Name, Address, and Telephone No, particulars of owners, nature of business Etc.
• The organization should also submit Payroll Schedule Form ECS RE 03 stating employee’s details- Staff Name, ID Number, Gender, Remuneration issued by NSITF and the applicant will be issued a registration number.
• Then the next step is to make necessary payments to NSITF which is usually made after assessing the number and remuneration of the company’s staff. The assessment is done by NSITF after which payment will be made via Remita and then printout will be made via remita. Then NSITF will issue receipt after seeing due evidence of payment.
• A Certificate of Registration will be issued as evidence of due registration with the scheme.
• Then the applicant will also apply for the Certificate of Compliance with the following documents: Official letter of request by the Employer on the company letter Head, Certificate of Incorporation, Copy of Registration Form ECS RE 01, Copy of Payroll Schedule Form ECS Form RE 03; Submission of the 10 Digit Registration Number and Copy of official NSITF receipt showing evidence of payments.

Yes, you have to renew as the NSITF Compliance certificate is issued yearly to employers

The entire process takes 7 days before the NSITF Compliance certificate which is proof of registration can be issued. For renewal, the process takes 7 days before the certificate of compliance can be issued.

You can verify the Certificate of Compliance issued by the NSITF on their official website. 

Bureau of Public Procurement (BPP) is the regulatory body responsible for monitoring, regulating, setting standards and developing the legal framework and professional capacity for Public Procurement in Nigeria.