Building safety : Dangote partner NAICOM

Building safety : Dangote partner NAICOM
Kola Oyelere Kano
THE Dangite Industries Limited, (DIL,) in its effort to ensure safety and proper adherence to  law governing construction of building in the country, has sponsored a conference organised by the National Insurance Commission, (NAICOM,)to ensure necessary  compliance with Insurance of public buildings and buildings under construction.
According to the Emir of Kano  Dr. Ado Bayero, on the occasion, disclosed that  the insurance conference was apt and urged the convergence of Insurance stakeholders to network and share innovative ideas towards finding lasting solutions to the problems.
However, this conference held in Abuja, themed “Redefining Safety: Insurance solutions for Public Buildings and Buildings under Construction” highlighted the synopsis of Insurance and Technology, launching of the Insurance Industry Strategic Plan, and the Guidelines for Insurances of Government Assets.
While expressed concern by the menace of collapse building in the country, DIL disclosed that early in the year would unveiled plans to set up a block makers’ Academy to address the problem.
The Academy, to be structured and equipped, is to impart the needed skills to block makers and artisans in the real estate sector.
The company said the Academy will move Block making forward and reduce colossal loss of lives and property occasioned by building collapse, check quackery in the industry, and improve the economy.
He noted that the block moulders would be empowered with necessary machineries and tools to enhance their skills.
While speaking on the occasion,on the paper presented,the Group chairman, Heirs Holding, Tony Elumelu, stressed the need for increased awareness on Insurance at all levels for acceptability.
However on his own ,the Speaker, House of Representatives, Tajudeen Abbas stated that  “the conference centres on two major sections of the Insurance Act, 2023 (Sections 64 and 65) which emphasis the provision of succour to the third Parties who are victims of coming in contact with the insured property
While speaking on his behalf on the occasion,
 Hon. Ahmed Jaha, hinted that ‘ the driving motive for making Insurances compulsory is because it is unconscionable and insensitive to leave a visitor who lawfully has the right of ingress or egress to a Building Under Construction or a Public Building to suffer a loss without compensation to him/her or his/ family”
He added that  the 10th National Assembly and the executive would commit to a symbiotic working relationship to protect lives and property of Nigerians and all nationals in the country while enhancing a robust economy.

Related articles



Please enter your comment!
Please enter your name here

Share article

Latest articles


Subscribe to stay updated.