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HomeGovernancePublic Investments, Infrastructure & Future Plans... NASSIT Acting Director Speaks

Public Investments, Infrastructure & Future Plans… NASSIT Acting Director Speaks

By: Alimatu Kargbo

On Tuesday, 23 September 2025, the Ministry of Information and Civic Education hosted its weekly government press briefing at the Miatta Conference Centre, Youyi Building, Freetown. The session featured a detailed presentation from the Acting Director of the National Social Security and Insurance Trust (NASSIT), Mohamed Gondoe, who provided updates on the institution’s ongoing investments, infrastructure projects, and long-term strategic plans aimed at strengthening the Trust’s services and sustainability.

In his address, Mr Gondoe highlighted that NASSIT’s investment drive was guided by the principle of making the right investments at the right time and in the right areas, with a focus on improving the value and security of contributors’ funds. He explained that in the past, some investments faced challenges due to poor oversight and inadequate structures, but recent efforts have focused on correcting these issues through the engagement of professional consultants and improved governance systems.

He noted that beginning in 2015 and continuing into 2016, NASSIT embarked on major reforms and reviewed its investment portfolio to ensure that future projects deliver value to members. As part of this reform process, the Trust is elevating its board and restructuring its decision-making process to allow for stronger oversight and accountability. “We are creating a system where decisions on large-scale investments will be properly vetted, managed, and monitored to ensure contributors’ funds are safe and profitable,” Gondoe stressed.

The Acting Director also shared updates on NASSIT’s infrastructure projects, including the construction of modern office complexes, new residential facilities, and additional warehouses that will support its operational needs. He revealed that NASSIT plans to construct multi-storey buildings and provide affordable housing opportunities while ensuring government workers and contributors can access these services at reasonable costs.

One of the key highlights was NASSIT’s plan to invest in water supply systems to mitigate challenges faced by the Guma Valley Water Company. Mr Gondoe explained that NASSIT is developing a system that can store and supply up to 200,000 litres of water, enough to serve parts of Freetown for up to one month in the event of a water shortage. This initiative, he said, is not only an investment opportunity but also a social intervention that will benefit the public.

He further mentioned upcoming safety and security improvements, including fire alarm systems, security gates, firefighting equipment, and enhanced monitoring systems for NASSIT buildings. These steps, he said, are aimed at safeguarding lives, property, and sensitive records within NASSIT’s facilities.

In closing, Gondoe reassured the public that NASSIT remains committed to transparency, accountability, and providing benefits that reflect the contributions of workers across Sierra Leone. He called on stakeholders to support the institution’s reform process and assured that members will soon see tangible results from ongoing investments and infrastructure development.

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