NAICOM, Transport Min Partner on Insurance Cover for Road Workers

L-R: Mr. Sabiu Bello Abubakar, Deputy Commissioner (Technical), NAICOM; Senator Gbemisola Saraki, Minister of State, Transportation and Mr. Olorundare Sunday Thomas, Commissioner for Insurance/CEO, NAICOM during a recent meeting in Abuja.

The National Insurance Commission (NAICOM) has initiated a strategic partnership with the Federal Ministry of Transportation to provide insurance cover for persons operating as road transport personnel in Nigeria and the West African region.

To achieve the objective of the partnership, both bodies have agreed to establish a committee to evaluate and fast-track the implementation of such policy framework to the benefit of both sectors.

That was the high point of the meeting in Abuja when Senator Gbemisola Saraki, the Minister of State for Transportation led a delegation from the Ministry to NAICOM recently. The delegation was received by Mr. O. S. Thomas, the Commissioner for Insurance/CEO, NAICOM.

Hot this week

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Leadway Assurance, CubeCover, Vitse Technologies Sign on as Official Partners for IMT 5.0

Insurance Meets Tech (IMT), West Africa’s premier platform for...

Topics

Mutual Benefits Assurance Celebrates 22nd Anniversary

Mutual Benefits Assurance Group last weekend celebrated its 22nd...

AERC Sets Agenda for Tackling Nutrition, Food Challenges in Africa

  (L-R) Prof. Njuguna Ndung’u, Executive Director, African Economic Research...

Kyari Seeks Adaptation to Changing Energy Landscape, Diversified Portfolio

NNPC Limited's Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan...

PenCom DG, Kogi Governor Reaffirm Commitment for Pension Reforms

The Director-General of the National Pension Commission (PenCom), Ms....

BRI: NASENI, Chinese Firms Sign MoU, Receives Letters of Intent for $2bn Investments 

At a ceremony attended by Vice President Kashim Shettima on...

Leadway Advocates for Public Safety as Nigerians Embrace the New Year

As Nigerians usher in the New Year with celebrations...

Enron: The Fall of A Wall Street Darling

Enron is a company that reached dramatic heights, only to face a dizzying collapse. The story ends with the bankruptcy of one of America's largest corporations. Enron's collapse affected the lives of thousands of employees, many pension funds and shook Wall Street to its very core. To this day, many wonder how a company so big and so powerful disappeared almost overnight. How did it manage to fool the regulators and the Wall Street community for so long, with fake off-the-books corporations?

Stanbic IBTC: N30m Cash Prize for Customers in Reward4Saving Promo

Emmanuel Aihevba, Head, Main Market Clients, Stanbic IBTC Bank...