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Chuks Udo Okonta
The Chartered Insurance Institute of Nigeria (CIIN) is currently engaging seasoned personnel in the insurance industry for the National Insurance Commission (NAICOM) and Ministry of Youth Development’s proposed training of one million Nigerian youths in insurance.
Inspenonline gathered that the CIIN in the partnership is saddled with duties such as; developing the training modules; providing human resources to take different modules; (these will be picked from seasoned personnel in the industry) and issuing of certificate of participation to the one million youths.
It was also learnt that the knowledge to be provided would give a footing towards future inclusion in the insurance Industry.
The portal for registration, Inspenonline gathered is domiciled with the Ministry and would be activated immediately the CIIN perfects all it is expected to offer, paving the way for commencement of the program before the end of the year.
Recall, the National Insurance Commission and the Ministry of Youth Development on Friday October 4, 2024 signed a Memorandum of Understanding to train one million youths in the country in conjunction with the Chartered Insurance Institute of Nigeria.
The program tagged “One Million Youths in Insurance” is said to be in line with the project of President Bola Ahmed Tinubu to create more jobs and empower the youths.
The program is aimed to sensitize Nigerian Youths with knowledge and best practices to be able to participate in Insurance, boost youth entrepreneurship by offering financial protection and peace of mind, create employment across the 774 Local Government Areas by providing another channel of opportunities for our youths, promote insurance awareness on social media and other platforms, boost the insurance industry in Nigeria with impact across other sectors and accelerating Nigeria’s Financial Inclusion mandate.
The Commissioner had thanked the Minister of State for Youths Comrade Ayodele Olawande for his commitment towards the project and expressed his appreciation to all parties involved in the project believing that the project will be a clear win for the youths of our dear Nation.
The Hon. Minister expressed his delight for the signing of the MoU, making reference on signing a similar MOU with the Nigerian Data Protection (NDPC) to train Nigerian Youths in data protection and privacy.
He went further to say that, the future of Nigeria rests on the shoulder of the youths who make up over 60% of our population and Insurance which is critical to the economy of any growing Nation like Nigeria has been underutilized, therefore saying that through this partnership with NAICOM, Nigerian youths will be sensitized to know the importance of insurance, foster entrepreneurship, and create employment opportunities across all 774 local government areas of the country.
The MOU was signed by the Hon. Minister of State for Youth Development, the Commissioner for Insurance and the Chartered Insurance Institute of Nigeria.
