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Home Economy

NIA, FRSC to enforce motor insurance policy

Business 360 by Business 360
August 7, 2023
in Economy, Insurance
0
Economy Review: Nigeria’s recovery expected to recover to its pre-pandemic level only in 2022

The Nigerian Insurers Association and the Federal Road Safety Corps are partnering to ensure motorists obtain genuine motor insurance. The Chairman, NIA, Mr Olusegun Omosehin, sought more support when he led a delegation of some members of its governing council to pay a working visit to the Corps Marshal, FRSC, Mr Dauda Ali Biu in Abuja recently.

The visit was in line with the theme of his tenure tagged, ‘Expanding the frontiers of insurance through partnership and stakeholders’ engagement’. The chairman assured that, “The NIA will continue to be a strong ally and do all within its powers to support the Corps Marshal and his team.

“Our appeal is that the FRSC should continue to help ensure the validation of genuine insurance in line with the law.” In his remarks, the Corps Marshal thanked the NIA delegation for the visit, and urged the association to maintain more frequent interaction and extend same to other enforcement agencies, to ensure total eradication of fake insurances.

The Director-General, NIA, Mrs Yetunde Ilori, thanked the Corps Marshal for the opportunity to visit and discuss matters of mutual interest between the two institutions and promised that the association would work hard to deliver on the expectations.

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