Hope Rises For Vulnerable Nigerians As Omo-Agege-sponsored Social Security Bill Passes 2nd Reading

Cat:

Related stories

DSS Moves to Pause Cybercrime Trial Against Sowore Until After 2027 Elections

By Abiola Olawale The Department of State Services (DSS) has...

Tinubu Begins Three-Week Annual Leave, Departs for London

By Abiola Olawale President Bola Ahmed Tinubu is set to...

Osun Violence: Adeleke Orders Coroner Inquest, Sets Up Probe Panel Into Killings

By Abiola Olawale Osun State Governor, Ademola Adeleke, has issued...

Niger Junta Restores Order After Insurgents Attempt to Storm Presidential Palace

By Afolayan Sunday Niger's ruling military administration announced it has...

Shettima Jets Out of Abuja to Attend AU Summit in Angola

By Afolayan Sunday Vice President Kashim Shettima has departed Abuja...

Vulnerable Nigerians including those with several medical conditions, citizens who lack the capacity to work, unemployed youths, the elderly, and widows among others, may heave a sigh of relief if the Bill on Social Security before the National Assembly is eventually passed into law.

The Bill tagged: ‘Nigerian Social Security Commission (Establishment, etc.) Bill, 2022 (SB 899)’ which was sponsored by the Deputy President of the Senate, Senator Ovie Omo-Agege, passed Second Reading in the Senate today.

Leading the debate on the floor of the Red Chamber, Omo-Agege stated that the Bill when passed into law will legislate the setting up of a National Social Security Commission (NASSCOM) that would regulate, manage and administer social security which will provide safety net for the poor, the weak and vulnerable Nigerians.

Omo-Agege explained that out of the nine domains listed in the existing Social Security (Minimum Standards) Convention, 1952 (No. 102) of the International Labour Organisation (ILO) which Nigeria is a signatory to, only statutorily covered employment injury benefit in the country.

He pointed out that when passed into law, Nigerians with several medical conditions, those incapacitated to work, unemployed citizens, senior citizens (70 years and above), families who have lost their breadwinners, widows incapable of self-support among others, will receive periodic social security benefits from the Commission.

The Delta Central lawmaker added that the National Social Security Commission (NASSCOM) bill aims to reduce poverty by providing a strong social safety net for vulnerable groups and serve as a model of governance reform anchored on the principles of transparency and accountability.

He said: “Nigeria is a signatory to the Social Security (Minimum Standards) Convention, 1952 (No. 102) of the International Labour Organisation (ILO). This Convention articulates globally-agreed minimum social security standards in 9 domains. Except employment injury benefit that is already statutorily covered in Nigeria, eight of the domains are uncovered, and they are the focus of this Bill.

“Consistent with Convention No. 102, which allows nations to enact social security laws based on their peculiarities but without prejudice to the global minimum standards, this Bill seeks to provide a comprehensive legal and governance framework for the proper administration of an inclusive national social security protection system that offers adjustable periodic benefits to eligible Nigerians who face improvidence arising from the eight uncovered domains.

“This Bill seeks to establish a Commission which shall, amongst others, determine the beneficiaries of social security benefits across the country, taking into consideration available resources, equity, severity of ascertained improvident conditions and contingencies, and such other factors that will promote national peace, unity and security through the social security system,.”

Contributing to the debate,
Senate Leader, Senator Yahaya Abdullahi (APC, Kebbi State) and Deputy Chief Whip, Senator Aliyu Sabi Abdullahi (APC, Niger State), expressed support for the bill, noting that it address the lingering “challenges confronting the nation as the poor, weak and vulnerable would be provided safety nets.”

According to them, all Nigerians in that category “would stop being willing tools for those with the sinister motive of wrecking havoc on the country.”

“This is another people-centred legislation. It will be a landmark legislation that Nigerians will remember this Ninth Senate for. I therefore urge my colleagues to support this bill”, said Senator Aliyu Sabi Abdullahi.

President of the Senate, Senator Ahmad Lawan, referred the bill to the Committee on Establishment and Public Service for further work after passing Second Reading.

The Committee was given four weeks to report back to the Senate.

Pleasure Onohwakpo
Pleasure Onohwakpo
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: [email protected]

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories