Buhari Commends Insurance Sector on Free Insurance Cover for Frontline Workers

 

President Muhammad Buhari has commended the insurance sector for supporting the government with free insurance cover for frontline workers.

He gave the commendation during his nationwide broadcast today at 8pm. He said: “In keeping with our Government’s promise to improve the welfare of healthcare workers, we have signed a memorandum of understanding on the provision of hazard allowances and other incentives with key health sector professional associations.We have also procured insurance cover for 5,000 frontline health workers. At this point, I must commend the insurance sector for their support in achieving this within a short period of time.”

Meanwhile, the insurance sector is excited that their effort is being appreciated at the highest level of authority.

The Chairman, Nigerian Insurers Association (NIA), Mr. Tope Smart said they are happy that for the first time, their role is being appreciated.

He stated that the recognition will further spur them to do more. He said the sector has always played major roles in the economy but this is the first time they are getting a presidential recognition.

He said they look forward to more partnership with the Federal Government in developing the country.

spot_img
spot_img
spot_img
spot_img

Hot this week

Harmony Group CEO, Olusegun Adebayo, Bets on Lekki Growth with Launch of New Housing Projects

As demand for quality housing continues to rise across...

Mother Nature Is Speaking. Are We Listening?

Over the past few days, Lagos has witnessed severe...

Lagos Flooding Sparks Fresh Interest in Safer Property Investments as Experts Set for Three P Conference

The widespread flooding that recently disrupted homes, businesses and...

Nigeria’s Nuclear Ambitions Boosted as Akkuyu NPP Unit 1 Construction is Completed

Nigeria is steadily advancing toward the development of its...

NHIA, ‎PTAD, Universal Insurance Sponsor NAIPE 2026 AGM

‎The National Health Insurance Authority (NHIA),‎ Pension Transitional Arrangement...

Topics

NIA Governing Council Visits NAICOM, Seeks Strategic Collaboration

The Commissioner for Insurance/CEO, Mr. Segun Ayo Omosehin, and...

AIICO Insurance Most Preferred Annuity Manager – Annuitants

AIICO Insurance Plc's customers have declared the company as...

NDIC Targets Risk-Based Premium by Banks in Deposit Insurance

KEYNOTE ADDRESS BY THE MANAGING DIRECTOR/CHIEF EXECUTIVE, NIGERIA DEPOSIT...

Market Regulation: Senate Passes ISB 2024

In a major boost to the operations of the...

Union Bank Unveils New Branch in Lagos

As part of efforts to deliver simpler and smarter...

Vodacom, Smart Lab Partner to Support Business Startups

Leading telecommunication company Vodacom Tanzania Plc and Smart Lab...

Headline Inflation Accelerates in April; Rises to 22-month High

The MPC concluded its third seating for the year with all policy rates left unchanged save the Cash Reserve Requirement (CRR) which was harmonized to 31.0%. This was in contrast to the previous 20.0% on private sector deposit and 75.0% public sector deposit (35.0% effective rate as at February 2015). We expect the equities market to react positively to this, given its implied impact on interest income of banking tickers going forward.

Guinea Insurance Holds 66th AGM, Pledges a Future of Sustained Profitability

L-R: Ademola Abidogun, Managing Director, Samuel Onukwue, Non-Executive Director,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img