Nigeria Police Force (NPF) will commence full enforcement of Third Party Compulsory Insurance on roads across the country by February 1, 2025.
Gatekeepers News reports that this followed a partnership deal between National Insurance Commission (NAICOM) and NPF when Commissioner for Insurance and Chief Executive Officer of NAICOM, Olusegun Ayo Omosehin paid a working visit to Inspector General of Police (IGP), Kayode Adeolu Egbetokun at the Force Headquarters on Friday.
Omosehin congratulated the IGP on his notable achievements, particularly, the recent licence acquisition for the Police Insurance Company.
He reminded the IGP of his earlier request for assistance in enforcing all compulsory insurance policies and narrowed his focus on Third-Party Motor Insurance.
The CFI pledged to provide the necessary support to ensure seamless enforcement of third-party motor insurance across the country.
He further emphasised the need for a mass awareness campaign and education of the Nigeria Police Officers.
The IGP on his part, expressed his alignment with the CFI for insurance, acknowledging the compulsory nature of third-party motor insurance in Nigeria.
Egbetokun noted that violating this law is punishable, yet unfortunately, only 30% of vehicles in the country are insured.
He highlighted the numerous benefits of having insurance coverage, stressing the importance of protecting lives and property, and urged citizens to obtain at least a third-party insurance cover for their vehicles before driving on Nigerian roads.
The IGP then announced that full enforcement of third-party motor insurance will commence on February 1, 2025.
Those present at the meeting included the deputy commissioner of Technical, Dr. Usman Jankara, deputy commissioner of Finance and Administration, Ekerete Ola Gam-Ikon, Director of Legal, Enforcement & Market Development, Dr. Talmis Usman, director of Inspectorate, Bankole Ajebola, Senior Police Officers, and others.
