Home Business Insurance World Continental Re, NCF To Plant 2,000 Trees For Environmental Preservation
Insurance World

Continental Re, NCF To Plant 2,000 Trees For Environmental Preservation

Share
Share

Continental Reinsurance is collaborating with the Nigerian Conservation Foundation, (NCF) to plant 2,000 trees, as part of efforts to preserve the environment.

The tree planting initiative was launched at the Lekki Conservation Centre in Lagos State, Nigeria, on Friday, with sponsorship from Continental Reinsurance. Chukwuemeka Akwiwu, the Executive Director, Technical Operations at Continental Re, led officials present to plant some trees.

Akwiwu said that this initiative, which promotes a green environment, will be a continuous support to NCF. “At Continental Re, we are pleased to support this noble cause with the initial donation of 2,000 trees for now, which will be used as we foster a healthier, greener Nigeria,” he stated. “This is just the beginning, and it is my intention that we should be having this conversation on an annual basis.

The partnership between Continental Reinsurance and NCF began last year and has since grown stronger. The collaboration was highlighted at the 9th Continental Reinsurance CEO Summit in Zimbabwe, where NCF’s participation inspired insurance industry leaders by showcasing the vital work NCF does and demonstrating how companies can support such impactful initiatives.

Akwiwu noted that the tree planting session is not just a ceremonial act, but a symbol of hope and a tangible step towards combating climate change, restoring ecosystem and securing a sustainable future for generations to come.

The Director, Business Development and Communications, Nigerian Conservation Foundation, Uchenna Achunine, said Continental Reinsurance is a special partner in its advocacy for nature conservation, and its activities that are geared towards building a better environment for all.

He highlighted the importance of partnerships in achieving ambitious environmental goals and emphasized the role of NCF in helping restore Nigeria’s forest cover to 25% by 2047.

Achunine explained, “Today, we have between four and eight per cent forest cover, depending on whose statistics you are using. Some statistics say it is four per cent, some say seven per cent, but it’s not more than eight percent of quality forest cover we have today, and it is quite well below what the standard is. Before, we had more than 25 per cent forest cover. So, our project is targeted at trying to see if we can recover Nigeria’s forest cover to 25 per cent by 2047.”

Continental Reinsurance is the largest private pan-African composite reinsurer that writes businesses in more than 50 African countries, which are serviced from its six client service centres in Nigeria, Cameroon, Kenya, Côte d’Ivoire, Botswana and Tunisia.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Heirs Insurance Group Empowers 500 School Children And Communities Through ‘The Good Project’

Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has rolled out a project...

NIA Commend Nigerian Police On Enforcement Of Third-Party Motor Insurance, Says Is A Game Changer For The industry

BY NKECHI NAECHE-ESEZOBOR— The Nigerian Insurers Association (NIA)on Monday applauded the Inspector...

With Investment In Oil Assets, Mutual Benefits Assurance Targets No 1 Position In Nigeria

…As GPW Hits N40bn FY2024    BY NKECHI NAECHE- ESEZOBOR— Mutual Benefits...

Linkage Assurance CFO Becomes Pioneer Chairman Of ICAN-NIA Chapter

Dr. Emmanuel Otitolaiye, Chief Financial Officer(CFO) of Linkage Assurance Plc has been...