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
spot_img

Hot this week

RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto & Co.

RMB Nigeria Asset Management Limited (RMBN AM) has received...

NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme for Supply Base Services

The Nigerian Content Development and Monitoring Board (NCDMB), in...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCDMB’s Oil & Gas Park to Become Operational Q4 2026

The Nigerian Oil and Gas Park Scheme (NOGaPS) at...

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

Topics

Sterling Premieres Anthology of Nigerian Literature with Farafina 

L-R: CHIEF MARKETING OFFICER, STERLING BANK PLC, DAPO MARTINS;...

NCDMB to Sponsor New R&D Projects, as Triple Helix Nigeria Unveils Vision

L-R: Prof Eucharia Nwaichi, Chairman Centra Planning Committee, Triple...

Lessons from the NCC IMEI Submission Controversy 

By Elvis Eromosele Nigerians are in a peculiar mode right...

Mohammed Kari: Berthing Leadership & Technical Expertise in NAICOM

President Muhammadu Buhari recently approved the appointment of Alhaji Mohammed Kari as the new Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM). His appointment was conveyed vide a letter signed by the Head of the Civil Service of the Federation, Danladi Kifasi. He succeeds Mr. Fola Daniel whose second and final tenure as Commissioner for Insurance lapsed on Friday, July 31, 2015.

NIMC Trains Corps Members for Nationwide NIN Ward Enrolment

The National Identity Management Commission (NIMC), in partnership with...

NCDMB Holds Retreat with Senate Committee on Local Content, Seeks Close Collaboration

Cross-section of NCDMB management and members of the Senate...

Nigerian Royal Entrepreneur Plans196 Hotels by 2026

A Nigerian Royal has unveiled her ambitious plans for...

PalmPay Recovers $677m for Customers as Fraud Jumps 277% in Q2

    As electronic payment platforms gain traction, the need for...
spot_img

Related Articles

Popular Categories

spot_imgspot_img