Business Journal


NIA Plans Greater Contribution of Insurance to Economy

Mr. Eddie Efekoha

The Nigerian Insurers Association (NIA) says it is working towards greater contribution of insurance to the economic growth of the country.

Mr. Eddie Efekoha, Chairman, NIA, said at a retreat for insurance chief executives in the country that the meeting was part of the efforts by the industry to seek ways of making the impact of insurance business felt in the economic growth plan of the nation.

Efekoha said the retreat was organised to provide an avenue for chief executives to discuss and cross fertilise ideas on industry issues, serve as a platform for the development of manpower needs of the industry in critical areas and also an opportunity for interface between members and interaction with the National Insurance Commission (NAICOM).

The NIA chairman added that the retreat fits into his four-point agenda of stakeholders’ engagement, enforcement of market discipline, review of NIA constitution and greater attention to the new NIA House project.

He said the papers to be presented at the retreat on agriculture reflect the industry’s desire to support the diversification of the economy by the federal government and also empower members to explore business opportunities in that segment of the national economy.

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