FG directs MDAs to insure all government assets

The federal government is set to issue a circular ordering all Ministries, Departments and Agencies (MDAs) to insure all government assets.

Secretary to the Government of the Federation (SGF) Mr. Boss Mustapha gave the hint in Abuja Thursday when he received the governing board of the National Insurance Commission (NAICOM).

Represented by the Permanent Secretary, General Services Office (GSO) Dr. Maurice Mbaeri, Mr. Mustapha asked the NAICOM team to come up with a draft document of what they want the circular to contain to guide the Office of the SGF in properly articulating the circular.

According to the SGF, “send a draft copy of the circular to the SGF, after the review, of the circular will be released to the MDAs”.

The SGF added told the NAICOM team that “the draft circular should reflect what you want. If it meets the SGF’s expectations, it will be issued to the appropriate MDAs”.

Mbaeri urged NAICOM to “write for the decentralization of insurance premium amongst the MDAs”.

Earlier, the Chairman, Governing Board of the National Insurance Commission (NAICOM) Dr. Abubarkar Sani pleaded with the SGF to support the Commission in executing a compulsory insurance scheme for all MDAs.

Dr Sani said the Commission is interested in seeing all government assets insured. “we want the SGF to issue a circular or letter to all MDAs on the necessity of compulsory insurance”.

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