NAICOM, FCT Collaborate To Ensure Enforcement Of Compulsory Insurances

By LOVETH AZODO, Lagos

The Honourable Minister of the FCT Mal. Mohammed Musa Bello on pledge his support to the Board and Management of National Insurance Commission (NAICOM) towards the enforcement of compulsory insurances in the FCT and the insurance awareness fitness walk coming up next month.

Bello gave the assurance yesterday during a courtesy visit by the board and management of the commission.

The FCT Minister who expressed delight in receiving NAICOM officials requested NAICOM to provide him with details of agencies under his ministry complying with the requirements of compulsory insurances.

It was also agreed that a joint enforcement committee would be setup comprising relevant departments of the ministry, NAICOM and other relevant security agencies.

The Commissioner for Insurance Sunday Thomas, said NAICOM is elated with the support and assurances from the Honourable Minister and promised to provide the information requested as quickly as possible.

The Chairman, Governing Board of the  Chief Emmanuel Jideofor Nwosu, during his speech vows that the commission will ensure the adequate protection of buildings in Abuja adding that NAICOM will continue to encourage more and more players within the insurance sector to open up offices and centers in Abuja thereby facilitating skill transfer and development.

This, according to him will further boost financial inclusion, faster digitalization and competitiveness of the FCT.