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•We’ll embrace, support insurance –Emir of Kano
By Henry Uche
As part of the National Insurance Commission’s drive to sensitise stakeholders on the benefits of compulsory insurances (Public Buildings and Buildings Under Construction, 3rd Party Motor Insurances amongst others), the Commissioner for insurance and a delegation from NAICOM recently paid a courtesy visit on the Executive Governor of Nasarawa State, Abdullahi A. Sule, to intimate him and members of his executive council about the benefits of insurances.
The Commissioner for Insurance, Mr. Sunday Thomas, used the opportunity to invite the Governor to the National Insurance Conference scheduled to hold from 22-24 October, 2023, in Abuja.
In a remark, the Governor gave a personal testimony while he was still in the private sector of how the sugar refinery where he worked as the Managing Director was razed by fire but thanks to insurance, a newer and better one was built from the claims paid by insurance company.
In a related development, the Emir of Kano, Alh. Aminu Ado Bayero urged Nigerians to embrace insurance as a way of relieving loss, especially in businesses and property loss. The Emir stated this when the management of the Commission led by the Commissioner for Insurance, Olorundare Sunday Thomas, paid a courtesy visit to the Emir’s Palace in Kano recently.
Emir Ado Bayero also urged the Commission to ensure insurance obligations are adequately met by insurers and commended the leadership of the Commission for the giant strides and efforts in developing the Nigerian insurance market.
He reiterated that insurance is no doubt an important aspect of human life as extensive research has shown that insurance is not conflicting with religious belief, especially with the coming of Takaful insurance. “We shall support insurance deepening in the country” he assured.
