Govt assets under-insured — NAICOM

Govt assets under-insured — NAICOM

Govt assets under-insured — NAICOM

The National Insurance Commission, NAICOM, has said that most assets of the Federal Government are never adequately and appropriately insured.

Commissioner for Insurance, Mr. Sunday Thomas stated this at a sensitisation workshop for insurance desk officers of Ministries, Departments, and Agencies, MDAs, on the insurance of Federal Government assets and liabilities in Abuja. Thomas consequently implored the MDAs to domesticate and help in the enforcement of compulsory insurances.

Thomas said: “It is very worrisome to the Commission that most assets and liabilities of government are…

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