Under Section 33(1) of the Employee's Compensation Act 2010, what rate of contribution is an employer in Nigeria legally mandated to make to the Employee's Compensation Fund managed by the NSITF?

Section 33(1) of the Employee's Compensation Act 2010 mandates every employer to contribute 1% of the total monthly payroll into the Employee's Compensation Fund managed by the Nigeria Social Insurance Trust Fund (NSITF). This fund provides compensation to employees or their dependents for workplace injuries, diseases, or death.