Edun Charges New NAICOM Board Members On Effective Utilisation Of Resources

The Chairman, NAICOM Governing Board, Hajia Halima Kyari, and other Board Members were inaugurated by the Honorable Minister for Finance and Coordinating Minister of the Economy Mr Wale Edun (middle)

The newly appointed board members of the National Insurance Commission (NAICOM) have been urged to ensure the effective utilisation of resources for the benefit of the nation’s economic growth.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the charge in Abuja while inaugurating the newly appointed board members of the National Insurance Commission (NAICOM).

While highlighting the significance of the insurance sector in stabilising the economy, Edun emphasised the long-term saving potential provided by the sector and urged the board to utilise resources effectively for the benefit of economic growth.

Edun said “With a population of over 220 million and a median age of 17, Nigeria has demographic dividends that the insurance sector should leverage.

“I extend my heartfelt congratulations to each of you on receiving your appointment letters from the Secretary to the Federal Government. As the President’s representative, I recognise the weight of this responsibility and the significance it holds. Your impressive track records, past experiences, and capacity assure me that you are well-prepared for the challenges ahead.”

Also, Permanent Secretary of the Ministry of Finance, Mrs. Lydia Jafiya, urged them to fulfil their responsibilities diligently.

Responding, Chairperson of the board, Ms Halima Kyari said “as  a united team, we are committed to upholding the trust you’ve placed in us to lead this Commission. Our loyalty will steadfastly align with the directives and objectives you entrust to us. On behalf of the entire team, I extend our heartfelt gratitude.

Your confidence in us is deeply valued, and we assure you that it will not be misplaced,” she assured.