Insurance industry chieftains, under the umbrella of the Chartered Insurance Institute of Nigeria (CIIN), recently visited the Palace of Emir of Kano Alhaji Muhammadu Sanusi II. During the visit, the association donated 100 copies of insurance text books to secondary schools around the Emir’s palace and 400 copies to the Kano State Ministry of Education.
CIIN President, Lady Isioma Chukwuma, said the visit was part of the institute’s campaign to promote insurance education and awareness in Nigeria.
According to the CIIN President, the campaign, forms part of the institute’s statutory functions as enshrined in Act No 22 of the Federal Republic of Nigeria in February 1993.
In his response, the Emir, commended the institute for the gesture and encouraged it to upscale its drive in the area of insurance awareness creation observing that insurance penetration in Nigeria is very low compared to what obtains in other countries.
He however called on the business community especially in the northern region, to embrace insurance as a matter of necessity in order to avoid total losses in the event of unforeseen occurrences.
The 400 copies of insurance textbook were received by the Permanent Secretary in the Kano State Ministry of Education, Alhaji Danlami Garba.
The CIIN President, in making the presentation, said the donation was borne out of the desire of the institute to further strengthen the teaching and study of Insurance in Nigeria.
She further expressed the institute’s desire to partner the Kano State Ministry of Education to train prospective insurance teachers in Kano state on how to effectively teach insurance at the secondary school level.
In his response, Alhaji Garba expressed the appreciation of the Kano state government and assured the institute that the state would embrace the study of insurance as a subject in its schools and also encourage students to take up the subject.
He pledged the state’s commitment to partnering the institute in training of prospective insurance teachers stating that the objective is to have at least one insurance teacher in each of the schools in the state.
CIIN Director General, Richard Olutayo Borokini, in a statement, pledged that the institute is committed to taking its insurance education and awareness drive across the federation as has been done in Lagos, Ogun, Osun, Ondo, Ekiti, Kwara, Edo, Rivers and Imo states.
The visit to Kano state culminated in the investiture of Mr. Mustapha Abba as the Chairman of the Chartered Insurance Institute of Nigeria, Kano Chapter along with other members of the Chapter’s executives.