With the continuous building collapse across the country, and most recently, in Oyo and Lagos states, there is a need for owners of public buildings to insure their houses in order to avert collateral loss. ZAKA ABD-KHALIQ writes.
Building collapse is a nightmare to the victims, especially, the occupants and owners of the collapsed house.
This has resulted to loss of lives and properties worth millions of naira, with no adequate plans for compensation.
For the unlucky ones, they pay the price with their lives while their immediate families wallow in penury. For the building owner, popularly known as landlord, he would loose a multi-million naira investment that may never be recouped in his lifetime.
However, all these sufferings could have been prevented or at least, limited with adequate building insurance cover sold at a paltry premium.
But Nigerians are a special species who rely so much on God for virtually everything, including, protection. They believe…
