Thursday, March 12, 2026
33.5 C
Lagos

NAICOM, Fire Service Hold Sensitisation Forum on Insurance of Buildings

From left: Mr. Leonard Akah (Director, Policy & Regulation NAICOM), Alhaji Sabiu Bello Abubakar (Deputy Commissioner for Insurance, Technical) and Mrs. Debbie Windele (Representative of the Comptroller General of the Federal Fire Service) at the ongoing Sensitisation Workshop for Federal and State Fire Service Officers on Insurance of Public Buildings and Buildings under construction above 2 floors.

By Alhaji Sabiu Abubakar
Deputy Commissioner for Insurance (Technical)
National Insurance Commission

It is my pleasure to be here with you today in this sensitisation workshop which aims at sensitizing Fire Service Officers on the importance of Insurance of public buildings and buildings under construction above 2 floors.
This Workshop is being convened as part of ongoing efforts to apprise participants of their roles in enforcing the insurance of public building and building under construction above 2nd floor.
Suffice it to say that it has now more than before become imperative to put in place measures to enforce the insurance of Public Building in Nigeria.
Furthermore, let me bring to your attention the provision of Section 65of the Insurance Act 2003 which stipulates that all public building shall be adequately insured. Also, Section 64of the Act provides that all buildings under construction above 2 floors shall be adequately insured.
It is pertinent to note that the Commission can better achieve this task with the full cooperation of the Federal and State Fire Service. Today’s workshop is a part of the drive to achieve the above mandate as enshrined in extant laws.
It is very worrisome to the Commission that most public buildings and buildings under construction above 2 floors are never adequately and appropriately insured, which further accentuated the need for urgent measures to be put in place by the Commission to ensure that these buildings are adequately insured. It is the desire of NAICOM to change this narrative for good.
The essence of Insurance of public buildings and buildings under construction above 2 floors is to cushion the impact and reduce the burden and liabilities that the owner / government would have to bear in likely occurrences of catastrophic events such as natural disasters, fire, accidents, building collapse, injuries or death to third parties, etc, thereby saving the government money which can be channeled towards augmenting the needs of the citizenry, providing infrastructure, and creating employment, among others.
As follow-up to the success of previous nationwide awareness campaigns for compulsory insurance, NAICOM is moving the bar a notch higher. Therefore, this Sensitization Workshop is aimed at equipping Fire Service Officers with the necessary knowledge to properly enforce the insurance of public buildings and buildings under construction above 2 floors.
At the end of this Workshop, it is expected that Federal and State Fire Service officers will now have the knowledge of insurance of public buildings.
NAICOM is elated at this turnout notwithstanding the prevailing circumstances in the Country. We are quite sure of a much better participation in the next batches lined up to educate Officers of Fire Services of their responsibilities and the benefits inherent if public buildings are adequately insured.

spot_img
spot_img
spot_img

Hot this week

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

Guild of Editors Seek Tolerance, Unity in Nigeria

The Nigerian Guild of Editors (NGE) has called for...

Insurance Sector: N533bn Premium Income, N243bn Claims in Q3, 2022

Mr. O.S. Thomas Commissioner for Insurance/CEO National Insurance Commission (NAICOM) The Nigerian...

Guinea Insurance Reports Written Premium of N1.35bn in 2021

L-R: Ademola Abidogun, MD/CEO; Godson Ugochukwu, Chairman Board of...

Wema Bank Wins 2022 Highest Dividend Yield at PEARL Awards

L to R:  Chairman, Lasaco Assurance Plc & Former...

ADB Bags 2016 Organisation of the Year Award

The African Development Bank Group was named the African...

Heirs General Insurance Offers N100,000 Fuel Vouchers for Motor Insurance Subsidy Promo 

Heirs General Insurance – the Non-Life arm of the Heirs Insurance Group - the fastest-growing...

MTN Nigeria Targets $500m from Public Offer

MTN Nigeria is hoping to reap over$500 million from...

Christopher University Law School Holds Dinner Week

  Managing Director, John Holt Nigeria Plc, Dr. Christopher Eze...
spot_img

Related Articles

Popular Categories

spot_imgspot_img