NCRIB Canvasses For Government’s Supports, Understanding Of Insurance Roles In Economic Development

The NCRIB has solicited the assistance of the Minister of Marine and Blue Economy, Mr Gboyega Oyetola, to enlighten the government on roles of insurance in stimulating and sustaining economic development of the country.

NCRIB President, Prince Babatunde Oguntade, made the case while leading a delegation of the Council on a courtesy visit to the Minister of Marine and Blue Economy, Mr Gboyega Oyetola in Abuja, as part of strategic collaboration initiatives of the current leadership.

Prince Babatunde Oguntade observed that the knowledge of government about roles of insurance was still low and that it takes the commitment of astute members and professionals like the Minister in top executive positions in government to redress the trend.

He assured that the Council would continually seek ways to add value to the Ministry of Marine and Blue Economy through required advisory services in insurance and risk management, when engaged.

The NCRIB President thanked the Minister for his past support to the Council and implored him to use his strategic position to further tooth the horns of insurance brokers with the government.

Responding, the Minister appreciated the visit and affirmed that he remained a proud member of the NCRIB and by extension the insurance family, being one of the pioneer graduates of Insurance from the University of Lagos.

He assured the Council of greater support and promotion of roles of the Broker amongst his contemporaries in government.