Insurance

NCRIB implores govt to tackle insecurity, food scarcity

From left: The Executive Secretary/CEO, The Nigerian Council of Registered Insurance Brokers, Tope Adaramola; Head, Public Education, Lagos State Fire and Rescue Service, Amodu Shakiru; Deputy President, NCRIB, Mrs. Ekeoma Ezeibe; President, Prince Babatunde Oguntade, Managing Director, Fin Insurance Company Limited, Basir Binji; Past President, NCRIB, Asiwaju (Dr) Michael Olawale-Cole and Executive Director, Fin Insurance Company, Samuel Ohonusi at the February 2024 NCRIB Members’ Evening held in Lagos

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Chuks Udo Okonta

The Nigerian Council of Registered Insurance Brokers (NCRIB) has asked the federal and state governments to tackle challenges of insecurity and food scarcity bedeviling the country.

The President of NCRIB Babatunde Oguntade, disclosed this today at the February Edition of NCRIB Members’ Evening in Lagos, adding that in the wake of the recent economic challenges bedeviling our nation, it is pertinent to urge the Federal Government and all other relevant agencies to rise up to the challenge of tackling the issue of food scarcity.

He submitted that one of the factors responsible for food scarcity, aside the continuous rise in foreign exchanges, influence of hoarders and unscrupulous elements within the system, is the issue of insecurity, particularly the indiscriminate killings of farmers.

This he said made it impossible for them to produce farm products enough to care for the nation.

“It is on this premise that our Council join other well-meaning Nigerians to appeal to the Federal Government and the Nigerian Service Chiefs to, as a matter of urgency, look into the issue of insecurity and doggedly pursue its avowed commitment towards re-establishment of forest rangers and of course, state policing.

“In the immediate, we urge Government at every level to continue tenaciously in the distribution of grains to the citizens without any political colouration. There must be consistent assistance rendered to the farmers in terms of fertiliser’s distributions.”

He urged the governors to invest more in farming, adding that this will ensure surplus food in circulation, stating lúife devoid of hunger put the effect of poverty at a low bay.

While all these efforts are being mustard by government, our Council will like to enjoin Nigerians to eschew violence and be more patient with the present government towards solving these besetting challenges, he said.

Ogungbade also used the opportunity to awaken Nigerians to put primacy on insurance as a risk mitigation device, stating that this is simply because recovery capability of any loss item has become difficult.

He maintained that NCRIB Members Evening is one of the most pivotal programmes of the Council, through which Registered Insurance Brokers, who are members of the Council, interact with renowned underwriters in the market, with a view to mutually add value to both parties.

He noted that it has been observed that some CEOs who by design should be present at the Evening, now find it comfortable to stay away.

He used the opportunity to appeal to such CEOs to see the event as one of the flagship events of the Council.

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