By Ayomide otitoju
the Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, Ph.D, NPM, held a meeting with the Commissioner for Insurance at the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, and his team.
Mr. Omosehin was accompanied by key officials from NAICOM, including Dr. Usman Jankara (Deputy Commissioner, Technical), Mr. Ekerete Ola Gam-Ikon (Deputy Commissioner, Finance and Administration), Dr. Talmiz Usman (Director, Legal, Enforcement, and Market Development), Mr. Ajibola Bankole (Director, Inspectorate), and Mr. Taiwo Babatola Adeoye (Special Assistant to the Commissioner for Insurance), along with other members of the commission.
Police Insurance and Public Compliance
During the meeting, Mr. Omosehin congratulated the IGP for his significant achievements, particularly the establishment of the Police Insurance Company Limited. He stressed the need for the police’s assistance in enforcing compliance with insurance laws across the nation. The commissioner also requested the support of the Nigeria Police Force (NPF) in the nationwide enforcement of compulsory third-party insurance, which is aimed at benefiting all road users.
Enforcement of Third-Party Insurance
In response, IGP Egbetokun affirmed the importance of third-party insurance, announcing that enforcement of the relevant laws would commence on February 1, 2025. He highlighted that the Insurance Act, specifically Section 68, and the 1945 Motor Vehicle (Third Party Insurance) Act, Section 312, mandate that all vehicle owners possess third-party insurance before operating vehicles on public roads. He urged Nigerians to comply with the laws, noting that violations could lead to imprisonment, fines, or both.
The IGP reaffirmed the commitment of the NPF to collaborating with all ministries, departments, agencies (MDAs), and companies to ensure the protection of lives and property across Nigeria.
