Committee on Insurance of Public Buildings Meets on Compliance

From Left: Mrs. Adebola Odukale, DG, NIA; Mr. Ahmed Adamu, Ag. Directo, Research & Statistics, NAICOM; Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman and Mr. Rasaaq Salami of NAICOM.

As part of the on-going initiatives spearheaded by the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, the 2nd Meeting of the Insurance of Public Buildings and Buildings Under Construction Committee took place on Tuesday, July 2, 2024, in Abuja.

The Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman, welcomed the committee members representing various stakeholder institutions. In his opening remarks, he emphasised the importance of the committee’s national assignment: developing a methodology to ensure compliance with the insurance of public buildings and buildings under construction. This effort aims to enhance the uptake of insurance in these sectors.

The day’s deliberations focused on identifying and exploring synergies with stakeholders, liaising with State Governors and Houses of Assembly to domesticate insurance laws for better compliance, researching similar policies in other jurisdictions, and sensitising stakeholders on the importance of adherence to compliance with compulsory insurances.

Hot this week

The First Foundations of Inclusion: Mobility, Education and Nigeria’s Future

Chuma Nwokocha | Chief Executive, Stanbic IBTC Holdings Discussions about...

NAICOM Issues Official Disclaimer, Public Notice over Suspected Impersonation of CFI

DISCLAIMER ON FRAUDULENT SOCIAL MEDIA ACCOUNTS, IMPERSONATION OF THE...

‘Nigeria Unseen’: NLNG Announces 2027 Creative Arts Prize Call for Entries, Appoints Advisory Board

Nigerian filmmakers are being challenged to show audiences a...

Ecobank Adire Lagos Returns with Bigger Dec Edition, Targets 35,000 Visitors, 150 African Brands

Ecobank Nigeria has announced the return of Ecobank Adire...

InvestBeta Gameshow 3.0 by Stanbic IBTC Asset Management Now Live on YouTube

InvestBeta Gameshow 3.0 is officially live on the Stanbic...

Topics

CBN: ‘Old N200, N500, N1000 Banknotes Remain Legal Tender Till Dec 31’

  The Central Bank of Nigeria (CBN) released an official...

Pension Assets Hit N5.3tr, N41bn Deficit Expected in 2016

Nigerian pension assets have hit all-time high of N5.3...

President Tinubu to Inaugurate Renovated National Arts Theatre Today

As part of activities commemorating Nigeria’s 65th Independence Anniversary,...

Stanbic IBTC Insurance: The Good Life Campaign Targets Awareness Creation

L-R: Segun Arinze, actor and celebrity; Lara Ibirogba, Consumer...

Stanbic IBTC Capital Leads RMB Nigeria’s ₦40bn Multi-Instrument Issuance Program

RMB Nigeria Issuance SPV Plc, a funding vehicle incorporated...

West Africa Economy for 7.2% Growth in 2016

In 2016, the member-countries of WAEMU (West African Economic...

Private Wealth in Africa, Middle/East Hit $8tr in 2015

Private wealth in the Africa-Middle East region has increased...

Nigeria: Digital Economy Revenue to Top $18.30bn by 2026

L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds...