FEC approves universal implementation of Employee Compensation Act

The Federal Executive Council (FEC) has approved the universal implementation of the Employee Compensation Act (ECA) 2010.

Minister of Labour and Employment, Chris Ngige, disclosed this on Monday after an emergency FEC meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

According to the minister, the law, operated by the Nigeria Social Insurance Trust Fund (NSITF), is a replacement of the old Employee Compensation Act–called ‘Workmen Compensation’ in the olden times.