Committee on Insurance of Public Buildings Meets on Compliance

From Left: Mrs. Adebola Odukale, DG, NIA; Mr. Ahmed Adamu, Ag. Directo, Research & Statistics, NAICOM; Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman and Mr. Rasaaq Salami of NAICOM.

As part of the on-going initiatives spearheaded by the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, the 2nd Meeting of the Insurance of Public Buildings and Buildings Under Construction Committee took place on Tuesday, July 2, 2024, in Abuja.

The Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman, welcomed the committee members representing various stakeholder institutions. In his opening remarks, he emphasised the importance of the committee’s national assignment: developing a methodology to ensure compliance with the insurance of public buildings and buildings under construction. This effort aims to enhance the uptake of insurance in these sectors.

The day’s deliberations focused on identifying and exploring synergies with stakeholders, liaising with State Governors and Houses of Assembly to domesticate insurance laws for better compliance, researching similar policies in other jurisdictions, and sensitising stakeholders on the importance of adherence to compliance with compulsory insurances.

Hot this week

T+1: SEC Insists on 5pm Settlement Deadline for Equities, Commodities on CSCS Platform

The Securities and Exchange Commission (SEC) has fixed 5:00...

Tinubu: Refineries Will Return to Deliver Profit, Welcomes Support by NUPENG

President Bola Ahmed Tinubu said in Abuja refineries will...

NRS Chair: Report of $279m Frontier Exploration Fund Transfer is Fake News

The Executive Chairman of the Nigeria Revenue Service (NRS),...

Former CFI: Regulatory Concession on Recapitalisation Will Undermine Integrity of the Process

The former Commissioner for Insurance/CEO, National Insurance Commission (NAICOM),...

Terrorism: SEC Directs Capital Market Operators to Freeze Assets of 9 Financiers

The Securities and Exchange Commission (SEC) has directed capital...

Topics

WEF, City of Helsinki: Human-centric Approach Data for Global Progress

  The World Economic Forum and the City of Helsinki...

Hallmark HMO Collaborates to Discount Cervical Cancer Screening Kits

  Mrs. Oladotun Adeogun Managing Director/CEO Hallmark HMO Hallmark Health Services Limited (Hallmark...

Stanbic IBTC Bank Nigeria PMI: Inflationary Pressures Remain Elevated in November

Rates of inflation in the Nigerian private sector remained...

IEI COO, Uyi Osagie, Lays Mother to Rest in Edo State

From 3rd Left: Chief Operating Officer, Uyi Osagie; Managing...

ALARM! Nigeria is Running Out of Cash

Another day, another oil producer in trouble! Nigeria is considering...

Orange, Google Partner on Mobile Internet Services in Africa, Middle East

Orange announces a new partnership with Google™ to bring...

Emirates Expands Network in Africa to 20

Emirates restarted services to Entebbe, Uganda on 1 October. The...

Certified Pension Institute of Nigeria Holds Workshop in Abuja

I am very pleased to participate in this three-day...