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Oriental News Nigeria
Home»Insurance»NIA Collaborates With Lagos State On NIID
Insurance

NIA Collaborates With Lagos State On NIID

By orientalnewsngJanuary 21, 2015No Comments2 Mins Read
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Yemisi Izuora

NIA

The Nigeria Insurers Association (NIA) said it is planning to launch the Nigerian Insurance Industry database monitoring device in Lagos in which it hopes to engage the services of law enforcement agents and other stakeholder which include the Motor Vehicle Administration Agency (MVAA), the Vehicle Inspection officers ( VIO), and Ministry of Transport, the supervisory ministry in this regard.

Mr Davis Iyasere, its Corporate Affairs Manager of NIA said contrary to recent media reports that the Lagos State Government is frustrating the insurance industry database monitoring scheme, the industry is enjoying cordial relationship and full cooperation of the state government and its transport and road law enforcement agents.

Davis declared ‘’We must restate that the Hon. Commissioner for Transport, Comrade Kayode Opeifa has been most supportive of our efforts to see that the device is launched in the state’’.

According to him,to turn around and accuse the state government of frustrating the launching of the device will be most unfair.

He added that the senior officials of Lagos State governor have shown tremendous support for the project and were fully convinced that it remains a veritable mechanism for wiping out fake insurance certificates.

Davis maintained that the story was a misrepresentation of the state of affairs as it concerns the relationship between Lagos State government and the Nigerian Insurers Association.

Speaking further on the relationship between NIA and the state Government, Davis stated ‘’the Association views the state government as a critical stakeholder in the battle against fake motor insurance certificates and would continue to seek the support and collaboration of the state to win the war.

The Association acknowledges the fact that the Lagos State Governor,Babatunde Fashola has been in the forefront of efforts to promote insurance culture in Nigeria and has taken advantage of every available opportunity to propagate the gospel of insurance’’.

According to him, it is on record that only Lagos State has domesticated the law on insurance of buildings under construction amongst other laws on insurance.

As a result he said ‘’We do not intend to join issues with anybody on this but to state that the Story which quoted an anonymous source did not emanate from the Association.

The Lagos State government and the general public are hereby urged to disregard the entire story as it does not reflect the true position of things’’, he stated.

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