Emir Of Kano Urges Nigerians To Embrace Insurance
Emir of Kano, his cabinet members and NAICOM delegation in a group photo during NAICOM’s courtesy visit to Emir of Kano on September 19, 2023.
The Emir of Kano, Alh. Aminu Ado Bayero has urged Nigerians to embrace insurance as a risk mitigating mechanism and poverty alleviation tool.
The Emir stated this when the Management of the National Insurance Commission (NAICOM) led by the Commissioner for Insurance/Chief Executive Officer Olorundare Sunday Thomas paid a courtesy visit to the Emir’s Palace in Kano today 19th September, 2023.
Emir Ado Bayero also urged the Commission to ensure insurance obligations are adequately met by insurers and commended the leadership of the Commission for the giant strides and efforts in developing the Nigerian insurance market.
He also reiterated that insurance is no doubt an important aspect of human life as extensive research has shown that insurance is not conflicting with religious belief, especially with the coming of Takaful insurance.
He thanked the Commission for the visit and promised to support insurance deepening in the country and further assured he would consider the invitation to the National Insurance conference.
NAICOM’s delegation visit to the Emir’s Palace in Kano is part of the Commission’s drive to sensitise stakeholders on the benefits of compulsory insurances (Public Buildings and Buildings Under Construction, 3rd Party Motor Insurances amongst others).
NAICOM also used the visit to inform the Emir and members of the Emirate Council as well as the people of Kano about the benefit and value of insurance as risk mitigating and poverty alleviation tool.
The Commissioner for Insurance also used the opportunity to formally invite the Emir to the National Insurance Conference scheduled to hold from 22-24 October, 2023 in Abuja.
