Emir of Kano Urges Nigerians to Embrace Insurance

Ebere Nwoji

The Emir of Kano, Alh. Aminu Ado Bayero has urged Nigerians to embrace insurance as a way of mitigating against loss, especially business and property losses.

The Emir stated this when the Management of the National Insurance Commission (NAICOM) led by the Commissioner for Insurance, Olorundare Sunday Thomas paid a courtesy visit to his Palace in Kano recently.

Bayero also urged the Commission to ensure insurance obligations were  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 was no doubt an important aspect of human life as extensive research has shown that insurance was 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 and would personally attend the conference.

The Commissioner thanked the royal father for the warm reception and his acceptance to personally attend the National Insurance Conference scheduled for October 22 – 24, 2023, in Abuja. 

The Commission thereafter named the Emir Aminu Ado Bayero as Royal Ambassador for Insurance in the country and commended his style of leadership since his takeover of the throne.

 In a related development the NAICOM team also visited the executive Governor of NASARAWA State Governor Abdullahi Sule.

The commission said the courtesy visits were part of its drive to sensitise stakeholders on the benefits of compulsory insurances of Public Buildings and Buildings Under Construction, MotorThird Party Insurance amongst others.

Thomas said the visit was to intimate the governor and members of his executive council about the benefits of insurances.