By Tony Obiechina Abuja
In a bid to educate traders and the general public on the importance of insurance, the National Insurance Commission (NAICOM) and the United Nations Development Programme (UNDP) took their Insurance Literacy and Consumer Protection Campaign to Wuse Market, Abuja, on Tuesday, February 11, 2025.
The campaign, tagged “Insurance Literacy And Consumer Protection Campaign: A UNDP (Nigeria) Project 2025,” aimed to enhance financial resilience and promote inclusive insurance as a vital tool for reducing poverty and building financial inclusion.
The UNDP representative, Mrs Bukola Ifemade welcomed participants to the event and expressed appreciation to all stakeholders.
Key discussions at event included, Fire and Special Perils Insurance; Goods in Transit Insurance; Accident Insurance; and Life Insurance.
The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, represented by Mr. Kenneth Aroh, emphasized NAICOM’s core mandate to protect policyholders and regulate the insurance industry.
Other stakeholders, including the Nigerian Council of Registered Insurance Brokers (NCRIB) and the Nigerian Insurers Association (NIA), also participated in the campaign, providing guidance on purchasing genuine insurance policies and verifying their authenticity.
Representative of the NIA, Mrs Toyin Akinmoya explained to the participants how to verify a genuine insurance policy by visiting www.niip.ng or www.askiid.ng.
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