….. As IGP plays host to commissioner for insurance
….. charges Nigerians to respect law and policy
The Inspector-General of Police, IGP Kayode Egbetokun, on Friday, January 10, 2025, announced February 1, 2025, as the commencement date for the enforcement of third-party insurance and other relevant laws.
The IGP stated this when he received the Commissioner for Insurance, National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin, and his team. Mr Olusegun was accompanied by 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); Mr Taiwo Babatola Adeoye, Special Assistant to the Commissioner for Insurance; and other members of NAICOM.
The IGP further stated that Section 68 of the Insurance Act and Section 312 of the 1945 Motor Vehicle (Third Party Insurance) Act mandate that all vehicle owners possess third-party insurance before operating their vehicles on public roads.
He urged Nigerians to comply with these laws, as violations are punishable by imprisonment, fines, or both.
The Commissioner congratulated the IGP on his significant achievements, particularly the establishment of the Police Insurance Bank Limited. He emphasised the need for the police’s assistance in ensuring public compliance with insurance laws.
He also requested the Nigeria Police Force’s support in the nationwide enforcement of compulsory third-party insurance, which provides substantial benefits to all road users.
