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NAICOM, Housing Ministry Move To Enforce Insurance Of Public Buildings

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From right: Deputy Commissioner Finance & Admin (DCF&A), Mr. Oba Obafemi Oluniyi; Commissioner for Insurance, Olorundare Sunday Thomas presenting a plaque to the Honourable Minister for Housing and Urban Development, Arc. Ahmed Musa Dangiwa and Head, Corporate Communications& Market Development, NAICOM, 'Rasaaq, Salami, during the visit.
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BY NKECHI NAECHE-ESEZOBOR—-The Ministry of Housing and Urban Development and the National Insurance Commission ( NAICOM) have agreed to collaborate to enforce compliance with the laws on public buildings and buildings under construction.
Indications to this emerged after the delegation from the commission, led by the commissioner for insurance, Sunday Thomas paid a courtesy visit to the Minister, Arc. Ahmed Musa Dangiwa, today in Abuja.

Also Read: NAICOM Restates Commitment To Uplift Insurance Sector To Global Standard


The visit is also part of the Commission’s drive to ensure optimal participation in the 2023  National Insurance Conference and also an opportunity to apprise the Minister of activities of the Commission.

Thomas also formally requested the physical attendance of the Minister at the National Insurance Conference being organised by the Commission. 

In his response, the Minister accepted the Commission’s extended hands of collaboration in the area of compliance with the laws on public buildings and buildings under construction.
He also confirmed his active participation and the Ministry of Housing in the conference scheduled to hold from 22-24 October 2023.

Compulsory insurance of buildings includes all schools, hospitals, hotels and offices, and they have the responsibility to show evidence that they have complied with Section 65 of the Insurance Act 2003.

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