Connect with us

NEWS

NAICOM to Enforce Compulsory Insurances Cover Scheme in South-East

Published

on

Share

The National Insurance Commission (NAICOM) on Wednesday in Enugu said it would soon commence the enforcement of compulsory insurance cover for people in the South East of the country.

Mr Cliff Chukwuani, Head, South-East Zonal Office, NAICOM, who disclosed this to the press, said it was a way of making the people of the region to register for insurance cover.

Chukwuani said that the enforcement was part of its core mandate to ensure that Nigerians abide by its compulsory insurances as stipulated under Insurance Act 2003.

He explained that the compulsory insurances were those made mandatory by the Nigeria law, and urged the people of the zone to obtain the insurance cover, as enforcement would commence after May.

According him, the five compulsory products are Motor third party Insurance meant to ensure the safety of third party road users, because the government made it compulsory for citizens and residents to have motor insurance before plying on public roads.

“Others are Employer’s liability/workmen’s compensation insurance, Group life assurance, Health Care Professional Indemnity insurance, Occupiers Liability insurance or insurance of public buildings.

“They are compulsory insurances and very soon, we are going to embark on massive strict enforcement under the law, because ignorance to the law will not be an excuse,” he said.

See also  FG Directs NAICOM to Strengthen Insurance Industry with New Policies, Products

The zonal head noted that the perception and participation of people in the region to insurance business was very low in spite of its enormous benefits.

He said that NAICOM Enugu office was the only one in the South East, but added that plans were underway to open offices in other states within the region.

“It is my desire to unleash something for them to know the value of insurance companies; it will not cost them much to cover their life, property and businesses,” he said.

Chukwuani, while further emphasising the need to create massive awareness about the insurance business in the region, noted that the beauty of insurance cover was that when risk occurs the person would be placed back to his/her former position prior to the loss through indemnity.

“Aside your business, you can insure your building against fire, storm and flood. Last year almost all parts of the nation were flooded with billions of naira loss, imagine if they were insured, people won’t cry,” he noted. (NAN)

NEWS

Gov. Bago Inspects Site of Demolished Police Station in Niger

Published

on

Share

Gov. Umaru Bago of Niger, on Thursday inspected the site of a police station demolished by the state government in Chanchaga, Minna.

The governor had on May 29, during his inaugural speech, announced that the police station was built on major water pipeline disrupting supply of water in Minna metropolis.

Bago, who was represented by his deputy, Mr Yakubu Garba, said the structure was disrupting adequate water supply to residents, adding that there was the need to demolish the structure to pave way for free water supply.

He noted that demolishing the police station was part of government’s efforts to ensure that metropolitan towns enjoy supply of potable water.

(NAN)

See also  NAICOM Partners Development Agency to Launch Digital Insurance Solution
Continue Reading

NEWS

Council Chairman Imposes Dusk-to-dawn Curfew on 3 Communities in Ebonyi

Published

on

Share

Chairman of Ohaozara Local Government Area of Ebonyi, Mr Chinonso Ajah has imposed a dusk- to-dawn curfew on three communities in the council area.

Ajah stated in Abakaliki on Thursday that the decision followed recurring restiveness in the communities.

He listed the communities as Ọkpọsị, Ugwulangwu and Uburu, the hometown of immediate past Gov.

David Umahi.

The curfew which is intended to check the restiveness, takes effect from 6 p.

m. on Thursday till further notice, he added.

“All forms of movements including activities of motorcyclists and commercial tricycle operators within the areas have been outlawed.

“The people are advised to adhere to this directive to avoid further threat to peace in the council area,’’ Ajah stressed.

He advised traditional and religious leaders as well as town union executives to sensitise their subjects on the need to comply with the curfew.

“This is because, violators will be dealt with severely,’’ the council chairman stated. (NAN) (www.nannews.ng)

See also  Group Unveils Business TV Channel on Startimes
Continue Reading

NEWS

Panic in Anambra Assembly as Armed Men Try to Whisk Away Member-elect

Published

on

Share

There was panic at the Anambra State House of Assembly as four armed men, suspected to be operatives of the Directorate of Security Services (DSS), tried to whisk away member-elect for Nnewi North constituency, Mr Onyekachukwu Ike.

The armed men drove into the Assembly complex in three vehicles and grabbed the member-elect after he participated in a valedictory thanksgiving mass for the seventh Assembly.

They forced the member-elect into their vehicle and were trying to drive out of the Assembly complex when security personnel quickly locked the exit gate.

The Acting Clerk of the Assembly, Mrs Esther Aneto, and other senior staff lamented that the suspected DSS operatives did not inform them or even the Police personnel at the Assembly before trying to whisk Ike away.

One of the suspected DSS operatives, however, explained that they had a court order to arrest the member-elect.

It took the intervention of the Speaker, Dr Uche Okafor, and the Deputy Governor, Dr Onyeka Ibezim, who came to represent the Governor at the Valedictory session of the seventh Assembly, before the member-elect was released. (NAN)

See also  Buhari’s Outreach to South-east
Continue Reading

Read Our ePaper

Top Stories

NEWS6 hours ago

Gov. Bago Inspects Site of Demolished Police Station in Niger

Share Post Views: 97 Gov. Umaru Bago of Niger, on Thursday inspected the site of a police station demolished by...

FEATURES6 hours ago

Why no Woman Should Die From Cervical Cancer

Share Post Views: 87 Cervical cancer is the second most common cancer affecting women in Nigeria and the fourth most...

NEWS7 hours ago

Council Chairman Imposes Dusk-to-dawn Curfew on 3 Communities in Ebonyi

Share Post Views: 68 Chairman of Ohaozara Local Government Area of Ebonyi, Mr Chinonso Ajah has imposed a dusk- to-dawn...

NEWS7 hours ago

Panic in Anambra Assembly as Armed Men Try to Whisk Away Member-elect

Share Post Views: 48 There was panic at the Anambra State House of Assembly as four armed men, suspected to...

NEWS7 hours ago

Marketers Kick Over Anambra Govt’s Plan to Demolish 13 Petroleum Outlets for Flyover Project

Share Post Views: 142 The Independent Petroleum Marketers Association of Nigeria (IPMAN), has lamented the proposed demolition of 13 functional...

Economy7 hours ago

Oil Spillage: NOSDRA, Stakeholders Move to Tackle Menace 

Share Post Views: 73 The National Oil Spill Detection and Response Agency, (NOSDRA), has called on stakeholders in the petroleum...

President of the Senate Ahmed Lawan President of the Senate Ahmed Lawan
NEWS8 hours ago

Senate Approves N6.7bn as Refund for Kebbi for Road Repairs

Share Post Views: 137 The Senate has approved payment of N6.7 billion to Kebbi Government as refund for repairs carried...

NEWS9 hours ago

Why I Left U.S. for Politics in Nigeria – Osun Speaker  

Share Post Views: 177 Mr Adewale Egbedun, the Speaker  of Osun House of Assembly, on Thursday,  said he returned to...

JUDICIARY10 hours ago

10th NASS Proclamation: Court Extends Order Stopping EFCC, Others From Detaining Yari 

Share Post Views: 85 A Federal HighCourt, Abuja has extended the  order restraining the Economic and Financial Crimes Commission (EFCC),...

NEWS11 hours ago

Gov. Mbah Assures Assembly Members elect of Healthy Working Relationship

Share Post Views: 72 Gov. Peter Mbah of Enugu State has promised a healthy working partnership between the Executive and...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc