By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Economic Issues
  • Home
  • Economy
  • Appointments
  • Business
  • Global Economy
  • Industry Analysis
  • Market Updates
  • Personal Finance
  • Contact
Reading: Police to Enforce Third-Party Motor Insurance Compliance from February 1st
Share
Notification Show More
Aa
Economic Issues
Aa
  • Economy
  • Business
  • Home
  • Economy
  • Appointments
  • Business
  • Global Economy
  • Industry Analysis
  • Market Updates
  • Personal Finance
  • Contact
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Economic Issues > Blog > Uncategorized > Police to Enforce Third-Party Motor Insurance Compliance from February 1st
Uncategorized

Police to Enforce Third-Party Motor Insurance Compliance from February 1st

Reporter
By Reporter January 10, 2025
Share
SHARE

Police to Enforce Third-Party Motor Insurance Compliance from February 1st

By Patience Ikpeme 

- Advertisement -
Ad image

 

The Inspector-General of Police (IGP), Mr. Kayode Adeolu Egbetokun, has announced a crackdown on motorists without valid third-party motor insurance, revealing that only 30% of vehicles in Nigeria are currently insured.

 

During a visit by the Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, to the Force Headquarters, the IGP emphasized the importance of third-party motor insurance and highlighted the legal penalties for driving without it.

 

Recognizing the critical importance of insurance in protecting lives and property, the IGP announced that the full enforcement of third-party motor insurance will commence on February 1, 2025.

 

- Advertisement -
Ad image

Commissioner Omosehin, during the meeting, reiterated the need for collaboration between NAICOM and the Nigeria Police Force to ensure compliance with compulsory insurance policies. He pointed out the need for a mass awareness campaign and education of police officers to effectively enforce these regulations.

You Might Also Like

How 24,000 Entrepreneurs are Rewriting Africa’s Economic Future.

Experts Back Nigeria’s Reforms to Drive New Investment

Uzoka-Anite Outlines Strategy for $1tr Economy

Taiwo Oyedele Takes Oath as Minister of State for Finance

FG to Pursue $1tr Economy with Vigour- Bagudu

Reporter January 10, 2025 January 10, 2025
Share this Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Tumblr Reddit Telegram Email Copy Link Print
Previous Article CBN Introduces New Accounts for Nigerians in Diaspora
Next Article NDIC Holds Workshop on Effective Procurement and Financial Management
about us

Unraveling the Threads of Global Economy: Your Source for Insightful Analysis and News on Economic Issues.

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?