News Africa25 Jan 2021

Nigeria:Govt urged to insure state assets

25 Jan 2021

The National Insurance Commission (NAICOM) has advised the federal government to adequately insure its assets.

The subject was raised amidst the growing agitation that the government should compensate victims of the recent civil unrest occasioned by the EndSARS protests across the country, reported This Day.

Speaking to journalists last month at a national workshop on microinsurance and takaful, Mr Rasaaq Salami, NAICOM's head of corporate communications and market development department, said, “If the government will support insurance and ensure that government assets and liabilities are adequately insured, the issue of government dipping hands into its coffers to compensate victims would not arise.”


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