• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

      Troops Eliminate Terrorist, Rescue Kidnap Victims in Sokoto, Katsina, Kaduna

    • Government
      • Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

        Governor Abba Kabir Yusuf, Kano State

        Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

        Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

        FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

        ECOWAS debt: Court Remands Ecobank Legal Head over Perjury, defamation of…

  • Security
    • Troops Neutralize Bandits, Intercept N23m Ransom, Rescue Victims in Zamfara, Sokoto

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

      Inspector-General of Police Kayode Adeolu Egbetokun

      Police Chief Tasks Border Patrol Commanders on Enhanced Security

      Air Marshal Hasan Abubakar NAF Chief

      Air Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness

      Army Arrest Notorious Cattle Rustlers, Recover Arms in Plateau

  • Features
    • Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

      Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      Traffic officials tolling the vehicle at the scene in Abuja

      SPECIAL REPORT: Extortion, Blood and Impunity Behind Abuja’s Agbero Menace

      MUST READ: Why Everyone Should Use AI for Writing, With Pride…

  • State
    • Troops Neutralize Bandits, Intercept N23m Ransom, Rescue Victims in Zamfara, Sokoto

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

      Governor Abba Kabir Yusuf, Kano State

      Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

  • Event
    • UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper
Home Government FG Sets to Promote Access to Social Security in Informal Sector
  • Government

FG Sets to Promote Access to Social Security in Informal Sector

By
Samuel Olowookere
-
May 9, 2018

FG Sets to Promote Access to Social Security in Informal Sector

The Honourable Minister of State, Labour and Employment, Prof. Stephen Ocheni has disclosed that the absence of Social Security data on the informal economy is an anomaly that contributes immensely to the exposure of workers to precarious and dangerous work conditions in the country.

The Minister disclosed this, today when he declared open a one day Capacity Building Workshop on the Collection of Credible Social Security Data for the informal economy in Nigeria for National Development.

According to the Minister ‘’In order to actualize all-inclusive economic policies of President Muhammadu Buhari, the Federal Ministry of Labour now seeks to promote Nigeria Decent work Agenda by extending Social Security Coverage to the Population in the informal sector’’. This according to him has become an important factor in the determination of the sustainability of the many nations’ economy. That must be recognized when discussing the sustainable economic development of our country as a whole.

Speaking further, Ocheni said that informal economy transcends a wide variety of unorganized and small-scale activities that have over time sustained the country’s urban and rural poor. The activities of this sector are largely deemed as survivalist, and are almost exclusively dependent on personal and risk-bearing initiative of the workers, he enthused

Read Also:

  • Troops Neutralize Bandits, Intercept N23m Ransom, Rescue Victims in Zamfara, Sokoto
  • UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication
  • Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

The Minister stressed that ‘’ statistics from the International Monetary Fund (IMF) reveals that a significant portion of any nation’s Gross Domestic Product (GDP) is made up of the informal economy. Regrettably substantial number of people are found in the informal economy with little or no access to social security benefits, thus left vulnerable and with significant obstacles to economic and social development. Therefore, neglecting this all- important segment of the economy would be retrogressive and self-defeating as social security benefits are considered key instruments in the fight against poverty and are also important for the achievement of the Sustainable Development Goals (SDGs), he concluded.

Earlier in his welcome address the Permanent Secretary, Federal Ministry of Labour and Employment, Bolaji Adebiyi represented by his Technical Adviser, Emmanuel Igbinosun said that the conference is taking place at a time, when major transformative change is on-going in our nation.

In his words ‘’ The contribution of statistics in this rapidly changing environment has become even of greater importance in this increasingly complex world, the availability of high quality statistics is vital in facilitating decision- making for both the private and public sectors of the economy especially now that the world has greater demands for higher levels of transparency’’

He emphasized that data collection requires a deep understanding of the economic system to make the right policy decisions. The fundamental basis for policy formulation in the informal economy needs rigorous assessments that provide insights to guide decision-making, hence the need for accurate and relevant collection of statistics of informal economy is pertinent adding that, the informal economy in particular, remains a major source of livelihood in many developing countries though faced with many challenges which makes it difficult to extend social security coverage’’.

In their separate goodwill messages, the country Director International Labour Organization (ILO), Dr. Dennis Zulu, and the representative of NECA, Adenike Ajala, appreciated the Federal Ministry and Employment for taking concrete steps in the direction of ensuring the promotion and collection of credible social security data from the Informal Economy in Nigeria.

The Director, social security department, Mrs. Dorcas Ajiboye in her vote of thanks, appreciated the social partners for their immense support in supporting the workshop.

Samuel Olowookere

Director (Press)

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Stephen Ocheni.Social Security data
Previous articleChildRights Information Bureau to Hold Review Workshop in Lagos, Unfolds activities
Next articleLagos to Complete Largest Rice Mill in Africa
Samuel Olowookere
Samuel Olowookere
Xing

RELATED ARTICLESMORE FROM AUTHOR

Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

Governor Abba Kabir Yusuf, Kano State

Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children Crisis

Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

ECOWAS debt: Court Remands Ecobank Legal Head over Perjury, defamation of Judge character

Femi Fani-Kayode FFK

Fani-Kayode Denies Interest in NFA Chairmanship

Food Items

Crash Food Prices – Tinubu Orders FEC Committee

Suicide Awareness

FG Sets December 2025 Deadline to Decriminalise Attempted Suicide – Pate

UniAbuja entrance gate

Yakubu Gowon University UniAbuja Promotes 104 Academic Staff to Professiorial Rank

Senator Shehu Umar Buba

Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

AU, Nigeria Sign MoU to Bolster Counter-Terrorism Efforts

Kaduna-Abuja Railway: An Urgent Call for Improved Maintenance and Security Compliance By Samuel Aruwan

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Troops Neutralize Bandits, Intercept N23m Ransom, Rescue Victims in Zamfara, Sokoto
  • UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication
  • Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia
  • Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other Terrorists
  • Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children Crisis
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Troops Neutralize Bandits, Intercept N23m Ransom, Rescue Victims in Zamfara, SokotoUNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of CommunicationKano Separated Conjoined Twins Return Home After Successful Surgery in S/ArabiaCourt Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other TerroristsKano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children CrisisPolice Chief Tasks Border Patrol Commanders on Enhanced SecurityAir Chief Links Fiscal Discipline to Nigeria’s National Security, Operational ReadinessArmy Arrest Notorious Cattle Rustlers, Recover Arms in PlateauTroops Repel Bandits’ Attacks in Kaduna, Katsina, Recover Rustled CattleMining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri Idakwo LarubaNIPR Inducts 422 New Members, Urges Commitment to National UnitySowore’s Provocation, Onanuga’s Plea and the DSS OverreachNigerian Troops Intercept Ransom Money, Recover 160 Rustled CattlePolice Nab 'Obi of Lagos,' Foil ₦1.5 Billion New Palace FraudRenewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id
X whatsapp