NAICOM calls for aid in completing 3-decade-old CIIN office building

Zainab Iwayemi

The National Insurance Commission, NAICOM has appealed to all operators in the insurance industry to assist in the completion of the Chartered Insurance Institute of Nigeria, CIIN office building in Victoria Island, foundation of which was laid over thirty years ago.

The Commissioner for Insurance, Sunday Thomas, made this appeal when commissioning the 1,500 seating capacity multipurpose auditorium named, NAICOM Hall at the College of Insurance and Financial Management, CIFM in Ogun State.

“The same commitment that delivered the college with its infrastructure can do it,” he said while informing stakeholders that the commission, in its effort to fill the identified knowledge gaps in the regulatory system, would soon be requesting for assistance of erudite scholars in the industry.

“The commission is also internalising the human capital development initiative through the effective plan of action for the takeoff of its academy,” he added.

Speaking on the newly commissioned building, he noted that the auditorium of the College of Insurance and Financial Management, CIFM will boost training in the sector.

“The auditorium will facilitate the mass quality training of insurance professionals/agents and as well provide adequate facility for conducting the CIIN professional examinations.

“Beyond this, it is imperative to say that some of the insurance gatherings may just have found a permanent and convenient venue.” He said

The CIFM project building which commenced in November 12th 2019, during the tenure of the past president of CIIN, Eddie Efekoha, was concluded by the incumbent administration led by Muftau Oyegunle.

In recognizing the effort of the rector of the college, Dr Yeside Oyetayo, who ensured that the project was completed in record time. Oyegunle lauded the institute for their trust in the ability of the CIFM to deliver the necessary manpower for the near and future needs of the Nigerian insurance industry.