Lagos To Enforce Building Insurance Act

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In line with the Insurance Act 2003 Provision, the Lagos State Government is introducing a mandatory Insurance for all existing and new buildings in the state.
The Director-General, Lagos State Safety Commission (LSSC), Mr Hakeem Dickson, make this known while addressing newsmen on “Naija Safe Awards 2017”, in Lagos, last week.
Dickson stated that, he henceforth; it was mandatory for home owners and new ones still being constructed to ensure their properties as stipulated by law.
The LSSC director-general, explained that in the event of disaster, victims would be able to access compensation from the insurance companies instead of having to wait on government all the time.
He noted that, the state was already in dialogue with a consortium of insurance companies through, the National Insurance Commission (NAICOM) and the measure when is proactive, was to bring the state at par with developments around the world.
Dickson pointed out that, to ensure success of the scheme, the commission has been reorganized and staff members reassigned to ensure innovative approach and better service delivery for the public.
On the Naija Awards”, he said.The event was meant to recognize and encourage outstanding performances and initiatives of organizations, individuals and groups towards promoting and raising safety consciousness among workers and citizens.
The Chief Coordinator Officer, “Naija Safe Awards 2017, Mr Femi Da-Silva, stated that, the award was aimed at promoting Health, Safety and Environment (HSE) practices in the work place and generally raise safety consciousness.