NCRIB President, Shola Tinubu
The Nigerian Council of Registered Insurance Brokers of Nigeria (NCRIB), has called on the Federal Government to adopt insurance policy into its housing programme at the construction stage to unlock the potential in the industry.
The President, NCRIB, Shola Tinubu, who spoke to The Guardian after a news conference in Lagos, said insurance should be given its rightful place in such projects in line with Sections 64 & 65 of the Insurance Act 2003, which stipulates a compulsory cover for ongoing construction projects.He also lauded the Government’s Right-to-Own project, designed to enhance affordability by eliminating the need for down payments and other costs associated with normal mortgage loan arrangements, stressing that this will go a long…
Read More…..Guardian Newspapers
