Management Of Nigeria Social Insurance Trust Fund And Investment Opportunities In Nigeria

NWEREONYE CLINTON CHIMA | 57 pages (13383 words) | Projects

ABSTRACT

This study investigated the relationship between management of Nigerian social insurance trust fund and inveslment opportunities in Nigeria, using Umuahia, Abia state as the siudy area. The specific objective sought to achieve in the study include, to examine the relntionship between the levels of management performance of Nigeria social insurance trust fund and employees' compensation, to determine the extent to which performance of the Nigeria social insurance trust fund affect provision of investment opportunities, To determine the relationship between the identified factors affecting the management of Nigeria Social Insurance Trust Fund and provision of investment opportunities. A descriptive survey research design was adopted for the study. The study had a population size of 94 comprising of staff and customers of the Nigeria social insurance trust fund, out which a sample size of 94 was selected using stratified random sampling technique. Instrument used for the data collection was primarily questionnaire. Ou/ of 94 copies of the questionnaire that were distributed 68 copies were returned while 26 were nut returned. The hypotheses were tested using· correlation coefficient. The study indicate that management performance does influence employees' compensation in the Nigeria social insurance trust fimd umuahia (r=.502; p<.01). Also Nigeria social insurance trust fund performance level has significant positive relationship with their ability to provide the customers with investment opportunities (r=.318; P><.05) and finally, there were significant and positive relationships between Nigeria social insurance trust fund management and the identified factors that influence investment provision (r= .286; p>< .OJ). The study recommended amongst others that Nigeria social insurance trust fund should consider employees welfare (such as job security, · training workshops, payment of pension duly, payment of grants amongst others)-as one of their top priorities. This will enable the Nigeria social insurance trust fund IO get the best out of their employees and invariably high level of efficiency in performance; there should be strong customer relationship strategy. This will draw customers closer to the Nigerian social insurance trust fund in terms of policy take ups, and investment pledges which will help the trust fund to parade high investment portfolios; the Nigeria social insurance trust fund should create proper awareness of their marketable products to customers in order to a/tract the attentions of people to the trust fund's available service. This when actualized will help the scheme to improve their performance level.

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APA

NWEREONYE, C (2023). Management Of Nigeria Social Insurance Trust Fund And Investment Opportunities In Nigeria. Mouau.afribary.org: Retrieved Oct 18, 2024, from https://repository.mouau.edu.ng/work/view/management-of-nigeria-social-insurance-trust-fund-and-investment-opportunities-in-nigeria-7-2

MLA 8th

CHIMA, NWEREONYE. "Management Of Nigeria Social Insurance Trust Fund And Investment Opportunities In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 15 Sep. 2023, https://repository.mouau.edu.ng/work/view/management-of-nigeria-social-insurance-trust-fund-and-investment-opportunities-in-nigeria-7-2. Accessed 18 Oct. 2024.

MLA7

CHIMA, NWEREONYE. "Management Of Nigeria Social Insurance Trust Fund And Investment Opportunities In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 15 Sep. 2023. Web. 18 Oct. 2024. < https://repository.mouau.edu.ng/work/view/management-of-nigeria-social-insurance-trust-fund-and-investment-opportunities-in-nigeria-7-2 >.

Chicago

CHIMA, NWEREONYE. "Management Of Nigeria Social Insurance Trust Fund And Investment Opportunities In Nigeria" Mouau.afribary.org (2023). Accessed 18 Oct. 2024. https://repository.mouau.edu.ng/work/view/management-of-nigeria-social-insurance-trust-fund-and-investment-opportunities-in-nigeria-7-2

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