Business
Insurance Experts Task NAICOM On Sensitisation Campaign
Some insurance practitioners on Monday in Lagos urged the National Insurance Commission (NAICOM) to carry out a quarterly compulsory insurance enlightenment campaign in the country.
They told newsmen that the road show, organised by NAICOM on Oct. 13 in four locations in Lagos, was an eye opener for the public.
Mr Kola Ayanfenwa, Senior Manager, Marketing, NICON Insurance Plc, said the awareness campaign, which was the first in the history of the industry, would boost the people’s confidence in the sector.
He said it would be good if the campaign held quarterly to sustain the tempo generated by the first outing.
“The awareness campaign was the first of its kind in the history of the industry.
“I am hoping that efforts will be made to carry it out on quarterly basis to enable us to sustain the tempo we have already generated by this first outing,” he said.
Mrs Assumpta Udo, the Assistant Director, Industrial and General Insurance Plc (IGI), said that the industry had suffered from public apathy for long.
According to Udo, the enlightenment campaign is the tonic the industry needs to regain its lost glory.
She said that insurance firms now paid genuine claims, adding that some claims could be processed and cheques issued within two weeks.
Mr Ayo Abayomi, a member of staff of Great Nigeria Insurance Plc (GNI), said that the campaign had helped efforts at marketing insurance products.
He said that the presence of NAICOM was a moral booster for all the insurance companies represented at the road show.
Reports say that NAICOM had on Oct. 13 carried out a road show on compulsory insurance in Ikoyi, Apapa, Surulere and Ikeja.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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