The National Social Security Fund (NSSF) of Tanzania has expressed satisfaction with the performance of its development projects, including the Nyerere Bridge in Kigamboni. According to Masha Mshomba, Director General of NSSF, the bridge has generated 150.04 billion Tanzanian shillings in user fees since its inception in 2016. This substantial revenue underscores the bridge's value as a vital infrastructure project.
The NSSF's development portfolio extends beyond the Nyerere Bridge to include the Mkulazi Sugar Factory in Morogoro Region. During the 2025/26 financial year, the factory recorded a profit of 4.56 billion shillings, while creating employment opportunities for Tanzanians. This achievement demonstrates the fund's ability to drive economic growth and job creation through strategic investments.
The NSSF's five-year development plan, aligned with the National Development Vision 2050, aims to promote sustainable prosperity for Tanzanians. The plan focuses on implementing priorities that drive economic growth, improve living standards, and enhance social welfare. By executing this vision, the NSSF seeks to make a meaningful impact on the lives of Tanzanians.
Under its new five-year plan, covering July 2026 to July 2031, the NSSF intends to register new members and boost contribution collections. This will be achieved through education and outreach to various social groups that need to join the scheme. By expanding its membership base, the NSSF aims to increase its financial resources and enhance its capacity to support development projects.
The NSSF's value has grown to over four trillion shillings in the past six years, driven by an increase in membership and measures to control financial leakages. This significant growth demonstrates the fund's effective management and strategic decision-making. The NSSF's strong financial performance enables it to invest in projects that benefit Tanzanians.
The Tanzania Editors' Forum (TEF) has commended the Office of the Treasury Registrar for resuming meetings with editors, pledging cooperation with the NSSF in educating the public about projects that directly impact citizens. This collaboration will facilitate the dissemination of information about the NSSF's development projects and their benefits to Tanzanians.
The NSSF's development projects, including the Nyerere Bridge, have a direct impact on the lives of Tanzanians. By investing in infrastructure, manufacturing, and other sectors, the fund contributes to economic growth, job creation, and improved living standards. The NSSF's commitment to sustainable development and social welfare underscores its role as a key player in Tanzania's development landscape.
Key points
- The NSSF's Nyerere Bridge has generated 150.04 billion Tanzanian shillings in user fees since 2016.
- The Mkulazi Sugar Factory recorded a profit of 4.56 billion shillings during the 2025/26 financial year.
- The NSSF's value has grown to over four trillion shillings in the past six years.
