The National Insurance Commission (NAICOM) and Abuja Metropolitan Management Council (AMMC) are set to ensure compulsory insurance for developers and occupiers in Abuja, Nigeria’s capital.
The compulsory embrace of insurance was the menu when the management of Abuja Metropolitan Management Council (AMMC) led by the Director, Development Control at the Federal Capital Territory Administration, Mukhtar Galadima mni, paid a courtesy visit to the National Insurance Commission (NAICOM) on Friday.
The team was received by the Commissioner for Insurance/CEO, Olorundare Sunday Thomas, and his management team.
The focus of the visit which was to explore areas of collaborations in order to enforce compliance by building developers and Occupiers of Public Buildings with sections 64 & 65 of the Insurance Act 2003 got off the starting block racing to achieve.
The two agencies demonstrated the resolve to achieve this by the setting up a Joint Committee to work out the modalities for the enforcement of these compulsory insurances within the FCT.
