Wednesday, April 16, 2025
31.6 C
Lagos

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE) has unveiled panelists for its 2024 national conference.

The panelists, comprised of experts from key sectors of the economy including insurance, Pension, and Capital Market, will discuss and analyse the theme of the Conference “Towards A $1 Trillion Economy: Roles of Insurance and Pension Sectors.”

The panelists include Mr. Tunde Mimiko, Managing Director/CEO, Sanlam Life Insurance Limited; Mr Adeyemi Mayadenu, Executive Director, Technical, NEM Insurance Plc (General); Mr. Wale Okunrinboye, Chief Investment Officer, Access Pensions; Mr. Oluseye Olusoga, Managing Director/CEO, Parthian Partners Limited and Mr. Oguche Agudah, CEO, Pension Fund Operators Association of Nigeria (PenOp).

This year’s edition of the NAIPE national conference which is 9th in the series will take place on October 8, 2024 at Oriental Hotel, Lagos by 9 am.

The former Commissioner for Insurance/CEO, National Insurance Commissioner (NAICOM), who is also the former Managing Director/CEO, FBS Reinsurance Limited, Mr. Fola Daniel, will chair the conference. At the same time, the Managing Director/Chief Economist, Analysts Data Services and Resources, Dr. Afolabi Olowookere, will deliver the theme paper.

The Special Guests of Honour for the Conference will be the newly appointed Commissioner for Insurance/CEO, NAICOM, Mr. Olusegun Omosehin and the Director-General of the National Pension Commission (PenCom), Mrs. Omolola Bridget Oloworaran.

The event will bring together stakeholders in the insurance and pension sectors to discuss the importance of the sectors’ contribution to the $1 Trillion Economy projected by the present administration for achievement by 2026.

It would be recalled that President Bola Ahmed Tinubu while attending the 29th Session of the Nigerian Economic Summit Group (NESG) in 2023, promised to grow the nation’s economy to $1 trillion by 2026.

Presently the main drivers of the economy are crude oil, agriculture, services and manufacturing.  As the various sectors of the country’s economy increase the tempo of economic activities to meet the set target, there will be opportunities thrown up, therefore the insurance and pension sectors must be ready to take advantage of those opportunities.

While Insurance sector is expected to provide the needed support in terms of protection against risks that may likely crystallise during the period and beyond, Pension Sector on the other hand is expected to take care of the welfare of the workers by ensuring proper management of workers pension contributions and timely payment of pensions to retirees.

The Chairman of the Occasion, Mr. Fola Daniel is an astute professional in the Nigerian insurance and pension sectors; while the Keynote Speaker, Dr. Afolabi Olowookere is a renowned economist.

Commenting on the theme of the conference, NAIPE Chairperson, Mrs. Nkechi Naeche-Esezobor, said the theme of the conference was carefully chosen to draw the attention of the operators of the two sectors to the realities on the ground, especially regarding what they need to do to remain relevance in the unfolding economic situation in Nigeria.

Esezobor noted that not less than 250 stakeholders from the insurance, pension, finance, organised private sector and trade Unions and Associations would attend the conference.

spot_img
spot_img
spot_img

Hot this week

IPI Nigeria Appoints Idris, Garba Shehu, Egbemode, Ohwahwa, 25 Others to Committees

The International Press Institute (IPI) Nigeria has announced the...

NCC Committed to Fairness on Unclaimed Recharges

Distinguished guests, esteemed industry stakeholders, ladies and gentlemen, It...

GCEO of NNPCL, Bayo Ojulari, Pledges to Consolidate on Predecessor’s Achievements

R-L: New Group CEO NNPC Limited, Mr. Bayo Ojulari and...

Expert Laments Low Insurance Penetration Despite Youth Population

Dr. Akeem Oyewale, the Chief Executive Officer of Marble...

Topics

Abbey Mortgage Bank Records N76m Profit in Q1 2021

L-R: Mobolaji Adewumi, Executive Director, Finance and Admin; Lolita...

Selloffs in Banking Stocks Extend Bearish Run to Third Consecutive Day

Yesterday, sell-offs in Banking stocks - ZENITH (-1.6%), GUARANTY (-0.9%),ACCESS (-3.4%) and UBA (-2.0%) - extended...

Umaru Danbatta: In the Footstep of Exemplary Regulatory Regime

The exemplary regulatory regime at the Nigerian Communications Commission (NCC) has received a further boost with the recent appointment of Dr. Umaru Danbatta as the new Executive Vice-Chairman and Chief Executive of the NCC. Over the years, the regulatory performance of the NCC has endeared it to international and local telecom bodies, especially after the 2001 launch of GSM services in Nigeria. Danbatta, who holds a Doctorate Degree in Electronic Engineering, takes over from Eugene Juwah whose tenure expired on July 29, 2015.

International Women’s Day 2023: ‘STI Believes in a World of Equality’

  As the world gets set to celebrate the International...

Africa Projects303mAir Passengers Annually by 2035

The International Air Transport Association (IATA) expects 7.2 billion...

Worldwide Smartphone Sales Grew 9.7% in 4qtr 2015

Global sales of smartphones to end users totaled 403...

ADB Endorses $400bn Project to Transform Agriculture in Africa

The African Development Bank (AfDB) recently endorsed its “Feed...

NAICOM: Insurance Firms Will Settle Claims of Flood Victims

The National Insurance Commission (NAICOM) has pledged that operators...
spot_img

Related Articles

Popular Categories

spot_imgspot_img