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Africa Housing News > Blog > News > Ministry of Transport, NAICOM Partner To Provide Effective Insurance For Road Transport Workers
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Ministry of Transport, NAICOM Partner To Provide Effective Insurance For Road Transport Workers

Fesadeb
Last updated: 2021/05/21 at 4:07 PM
Fesadeb Published May 21, 2021
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By : Ogine Victor

In line with its transformation agenda of ensuring the safety and wellbeing of Road Transport workers in Nigeria, the Minister of State for Transportation, Sen. Gbemisola Saraki has revealed plans to collaborate with the National Insurance Commission (NAICOM) in providing adequate insurance for road transport owners and users within Nigeria and in ECOWAS member countries. 

Senator Gbemisola disclosed this during her courtesy visit to the Commissioner for Insurance (CFI), Mr. Sunday Thomas in Abuja.

The former lawmaker who described insurance as a critical aspect of the transportation sector said that the ministry has embarked upon a transformation programme for the road transportation sector that would have a tremendous impact on the lives and wellbeing of the Nigerian public.

On his part, Mr. Sunday Thomas, Commissioner for Insurance (CFI) assured the minister of his administration’s readiness to collaborate with the Federal Ministry of Transportation to ensure the provision of adequate insurance for road transport owners and users in the country.

He also noted that the National Insurance Commission (NAICOM) was working round the clock to ensure that issue of fake insurance in the road transportation sector was a thing of the past.

Mr. Thomas, further, revealed that NAICOM has developed the technology for verifying insurance policies, with a view to weeding the industry of fake insurance. The highlight of the meeting saw both parties reaching an agreement to immediately establish a joint committee to look into different areas of interest to ensure a mutually beneficial relationship.

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TAGGED: Insurance, naicom
Fesadeb May 21, 2021 May 21, 2021
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