Amid a concerning surge in building collapses in Nigeria, the National Insurance Commission (NAICOM) is adopting a proactive stance by spearheading the National Insurance Conference 2023.
Under the thought-provoking theme of “Redefining Safety – Insurance Solutions for Public Buildings and Buildings under Construction,” this conference aims to confront the pressing issue of ensuring comprehensive insurance coverage for structures that find themselves most at risk.
In line with this mission, NAICOM has initiated a collaborative effort with the esteemed Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa. The intention behind this collaboration is to formally request the physical presence of the Minister at the upcoming National Insurance Conference, an event organized by NAICOM.
This significant step towards synergizing the realms of insurance and housing was marked by a courtesy visit conducted by the Commissioner for Insurance, Olorundare Sunday Thomas, and a delegation from NAICOM.
Their visit, which took place on a Thursday, was a gesture of goodwill and an expression of the Commission’s earnest desire to enhance compliance with laws concerning public buildings and structures under construction.
In a response that underscores the spirit of cooperation and a shared vision for a safer and more insured future, Minister Dangiwa accepted the extended hand of collaboration from NAICOM. He also confirmed the active participation of both himself and the Ministry of Housing in the upcoming National Insurance Conference scheduled for October 22-24, 2023.
This collaboration holds the promise of not only addressing the immediate challenges posed by building collapses but also laying the groundwork for a future where comprehensive insurance protection for such structures is not just a necessity but a reality.
The joint efforts of NAICOM and the Ministry of Housing are set to redefine safety standards in Nigeria’s construction industry and to offer greater protection for public buildings.
