We can’t build sustainable society without insurance – Sanwo-Olu


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Chuks Udo Okonta

The Governor of Lagos State, Babajide Sanwo-Olu, has said there cannot be a sustainable society without insurance.

He said this today in Lagos at the 65th birthday celebrations and commissioning of Plum House belonging to the former President of the Nigerian Council of Registered Insurance Brokers (NCRIB) and Managing Director/Chief Executive Officer, Plum Insurance Brokers Limited, Mrs. Laide Osijo.

The Governor who was represented at the event by his Deputy, Dr. Kadri Obafemi Hamzat, noted that the state had laid down plans on how to work with insurance companies to protected lives and properties in the state through insurance.

He called on insurance operators to do more in getting more people to embrace insurance, adding that the absence of insurance is putting more pressure on the finances of government as people that suffered losses always cry to government for help.

According to him, 80 per cent of the people that suffered yesterday fire inferno in Lagos Island may not have an insurance.

Acting Commissioner of Insurance, Sunday Thomas; President, Nigerian Council of Registered Insurance Brokers, Dr. (Mrs.) Bola Onigboji; Lagos State Deputy Governor, Dr. Obafemi Hamzat; representing the Governor, Celebrant and Managing Director/CEO, Plum Insurance Brokers Limited. Mrs. Laide Osijo; Lagos State Commissioner for Commerce, Industry & Cooperatives, Dr. (Mrs) Lola Akande and Mrs. Adedoyin Adeniji, during the official commissioning of Plum Insurance broker’s to mark the 65th birthday celebration of Mrs Laide Osijo, at Yaba Lagos

The Deputy Governor with other dignitaries joining the celebrant, Mrs. Osijo to cut the 65th birthday celebrations cake.

He implored religious leaders to make insurance parts of their sermons in churches and mosques, adding that people need to secure their lives and properties through insurance.

The Acting Commissioner for Insurance, Sunday Thomas, implored the Lagos State Government to sustain the relationship it had established with the insurance industry, adding that Lagos has been a leading light in the patronage of insurance.

He called on the Governor to restore the insurance contracts terminated by the last administration, adding that the insurance industry had a good working relationship with Babatunde Raji Fashola’s administration.

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