Fidelity Bank extends savings promo

Photo GAIM 6 Prize Presentation GbagadaThe bank explained that the promo targets a broad demographic, including NYSC members, women, children, and small traders, with participation starting from deposits as low as N2,000.

It stated that the draws were supervised by the Federal Competition and Consumer Protection Commission to ensure fairness and transparency.

Each N5,000 deposit qualifies customers for the monthly and grand draws, where N10m, N5m, and N2m will be awarded to the grand prize winner, first runner-up, and second runner-up respectively.

Fidelity Bank added that N47m remains available to be won in upcoming draws, including N30m in the monthly draws and N17m in the grand finale scheduled for December.

In the seventh and eighth monthly draws, 20 customers received N1m each.

Speaking on the development, the bank’s Divisional Head of Product Development, Osita Ede, said the promo’s extension was based on customer feedback.

“They asked for more opportunities to benefit from the promo, and we listened. With management and regulatory consent, we’re thrilled to keep the excitement going for another three months,” he said.

NNPC can increase stake in Dangote refinery — Aliko

Aliko DangoteThe President of the Dangote Group, Alhaji Aliko Dangote, has said the Nigerian National Petroleum Company Limited has the opportunity to increase its 7.2 per cent stake in the Dangote refinery.

However, Dangote said this would happen after he must have proven to the state-owned company what the refinery can do.

Dangote stated this in a recent interview with S&P Global Commodity Insights.

“The door remains open for Nigerian National Petroleum Co. to boost its stake after the state oil company trimmed its interest to 7.2 per cent, but not before its next phase of growth is well underway.

“I want to demonstrate what this refinery can do, then we can sit down and talk,” Dangote was quoted as saying.

A close aide of Dangote was also reported to have said that the company would exert caution before inviting additional participation from NNPC.

Within the next year, he noted that the refining business will list 5–10 per cent of its shares on the Nigerian stock exchange.

“We don’t want to keep more than 65-70 per cent,” Dangote said, explaining that shares will be offered incrementally subject to investor appetite and market depth.

The NNPC had reduced its stake in the Dangote refinery from 20 per cent to 7.2 per cent.

The former spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, disclosed last year that the state-owned energy firm reduced its stake in the Dangote refinery to invest in compressed natural gas.

Soneye revealed that the NNPC capped its stake at 7.2 per cent instead of 20 per cent to build CNG stations across the nation.

He stated this while featuring on Berekete Family Radio, a video of which was sighted by our correspondent.

He mentioned that the NNPC realised that CNG was more affordable as a better energy alternative for Nigerians, especially during the period of energy transition.

He added that Nigerians could fuel their vehicles with N10,000 when using CNG, compared to petrol.

“The reason for reducing our stake in the Dangote refinery is because we wanted to invest in CNG. We observed that CNG is very cheap, and all over the world, people are investing in clean and cheaper alternative energy.

“That is why the NNPC is building different CNG stations everywhere. We understand that with N10,000, Nigerians can fill their cars and use it for two weeks. We realised that gas is cheaper in Nigeria; why don’t we invest in it?” the former NNPC spokesman said in August 2024.

The new Group Chief Executive Officer of the NNPC, Bayo Ojulari, had recently told Argus Media that NNPC remains committed to increasing its stake in the 650,000-barrel-per-day Dangote refinery.

Many Nigerians were surprised to hear from Dangote in 2024 the the NNPC had trimmed its investment in the refinery to a paltry 7.2 per cent.

PDP crisis deepens as North West leaders reject Turaki as consensus candidate

Leaders of the Peoples Democratic Party, PDP, from the North West zone have rejected the reported adoption of former Minister of Special Duties, Kabiru Tanimu Turaki, as the consensus candidate for the position of National Chairman of the party.

The decision followed reports that northern PDP stakeholders had endorsed Turaki after a meeting led by Adamawa State Governor, Ahmadu Fintiri.

Addressing journalists after a meeting in Abuja, the North West PDP leaders said the purported endorsement did not represent the collective position of stakeholders from the zone.

Speaking on behalf of the group, the party’s National Organising Secretary, Umar Bature, accused Zamfara State Governor Dauda Lawal of acting unilaterally without consulting other leaders.

Bature explained that the governor had initially called for a meeting to deliberate on possible candidates for the chairmanship position zoned to the North West but later postponed it and went ahead to adopt a candidate on his own.

“We want to make it clear that this zone has not adopted anybody as a candidate for the PDP chairmanship. There is a lot of resentment due to lack of consultation among leaders in this zone,” Bature said.

He added that the process was inconsistent with the principle of consensus, stressing that no meeting had been held to decide on a candidate for the region.

The leaders also questioned the credibility of the so-called “open contest” when a candidate had already been handpicked, describing it as a move that undermines internal democracy within the party.

Present at the meeting were Mustapha Lamido, son of former Jigawa State governor Sule Lamido; 2023 Kaduna State governorship candidate Isa Ashiru; 2023 Katsina State candidate Garba Lado; and other party leaders from the zone.

The disagreement is believed to be linked to the ongoing division within the PDP between factions loyal to the Minister of the Federal Capital Territory, Nyesom Wike, and those aligned with the acting National Chairman, Umar Damagum, ahead of the party’s convention.

INEC faces backlash as 2027 campaign posters emerge nationwide despite electoral ban

Political observers and stakeholders have aired their views on the failure of the Independent National Electoral Commission, INEC, to control the activities of political parties in the country.

There is the belief that laws and regulations are hardly followed, with institutions in the country showing weakness or turning the other way when they are to enforce the laws.

INEC’s approach in managing the excesses of these political parties, especially the ruling party, has been widely condemned.

In a recent roundtable organised by the electoral umpire to discuss ways and possible solutions to these challenges, especially that of premature election campaigns in the country, it became clearer to the electorate that INEC has limited powers in handling some of these issues.

The ruling party has been the biggest offender on the prevailing issue, and this was made manifest after Abuja residents woke up to see gigantic billboards all over the city featuring President Bola Tinubu holding his wife, Remi, with a clear message: “Grassroots Support for Tinubu 2027.”

It was the announcement of the President’s second term three years before the next election.

However, the argument is that the President, or any other aspirant, may not have initiated their campaigns themselves; it could have easily come from third parties doing so without clearance from the aspirants to gain recognition or favours whatsoever.

There also lies the possibility of the aspirants’ political opponents launching premature campaigns to make the aspirant appear to be in breach of the rules and regulations.

Meanwhile, another question has been the failure on the part of advertisement regulatory agencies to ask the necessary questions before approving such billboards or to immediately pull them down if they were not approved.

DAILY POST can report that other billboards reading “Tinubu Continuity 2027,” often alongside Governor Umar Namadi, among others, were mounted on major roads and public places across the country.

Apart from this, social media, especially Facebook, X, TikTok, Instagram, and YouTube, has been busy with all sorts of campaigns such as songs, skits, and hashtags that project particular aspirants.

Following INEC’s warning at some point, where the attention of some of the aspirants was called to the reckless abuse of the laws of the land, the Presidency came out to deny sponsoring or having anything to do with the campaign materials.

It also demanded that the campaign materials be taken down immediately, but the Presidency’s demand fell on deaf ears.

DAILY POST can further report that aspirants and their supporters make use of the slightest opportunities to campaign during cultural festivals, book launches, flagging-off or commissioning of projects, religious and other gatherings.

Section 94(1) of the Electoral Act 2022 stipulates: “For the purpose of this Act, the period of campaigning in public by every political party shall commence 150 days before polling day and end 24 hours prior to that day.”

Speaking at the Abuja roundtable, the outgone Chairman of INEC, Mahmood Yakubu, pointed out some challenges and loopholes in the law being exploited by these politicians.

“INEC, as registrar and regulator of political parties, [is expected] to act in the face of the brazen breach of the law on early campaigns. However, the major challenge for the Commission is the law itself. Section 94(2) of the Electoral Act 2022 imposes sanctions, albeit mild (a maximum amount of N500,000 on conviction), on any political party or a person acting on its behalf who engages in campaigns 24 hours before polling day. However, there is no sanction whatsoever concerning breaches for campaigns earlier than 150 days to an election. Here lies the challenge for the Commission in dealing with early campaigns by political parties, prospective candidates, and their supporters,” Mahmood Yakubu said.

Analysts have also questioned another part of the Electoral Act, Section 92(4), which states that “No registered political party in Nigeria, its aspirants, or candidates shall be prevented from holding rallies, processions, or meetings at any time for their constitutional political purposes, and the Police shall, in a consultative manner, resolve any conflict of time and venue between and amongst parties where such arises.”

While all this favours the politicians, there is a call for a much clearer regulatory framework to highlight what constitutes premature or early campaigning to avoid the ambiguities that create loopholes.

Former INEC Chairman, Prof. Attahiru Jega, in a recent presentation, recommended that all election campaign offences, especially premature campaign offences, should be carefully defined, stiff penalties specified, and strictly applied where applicable.

He also said that all candidates and their parties, and especially incumbent officeholders and their political parties, should be vicariously held responsible and penalised for premature campaigns by third parties. EFCC and ICPC should pay special attention to third-party campaigners and thoroughly interrogate their sources of funding.

Professor Jega said that in determining whether candidates’ and parties’ expenditures fall within approved limits, the estimated or determined expenditure by a third-party campaigner for the candidate or party should be taken into consideration.

He said that the Election Management Bodies, such as INEC and the State Independent Electoral Commissions, must work closely and collaboratively to ensure appropriate imposition of sanctions and penalties where necessary.

Making further recommendations, Jega called for the establishment of an Elections Offences Commission and Tribunal, which he said has become even more urgent and important for consideration, and should be addressed in the next round of electoral reforms before the 2027 elections.

Speaking to DAILY POST on the issue of premature election campaigns, the Convener of Situation Room and former Country Director of ActionAid Nigeria, Mrs Ene Obi, lamented that laws, rules, and regulations are not followed in Nigeria.

“Well, you have somebody in authority on election matters that has talked about it, but what does the Constitution say? What is the timeline for the election itself?

“Some people have started posting posters, and others say, yes, the posters are posted by third parties and not by them. They don’t know who is posting them. You hear denials and so on and so forth.

“I think we have a problem with the rule of law. We have a problem with obeying the law. INEC has not announced the timetable yet.

“So is it premature? Or is it not premature? Because INEC has the right to hold them accountable. What are the laws?

“But what should be between one election and the other is a time for the government to show what they are doing, or for the ruling party or those who are leading to show they are worthy of being re-elected.

“What we need to warn against is the use of official time for campaigns. They are going to be using official time, when they’re supposed to be working for the people, for campaigns instead of delivering good governance or democracy.

“So for now, we are watching and waiting to see what INEC would do, when the guidelines will come out, and when the campaign will begin officially.

“If INEC can say it cannot implement or enforce it, then who will enforce it? Who has the regulation? Who has the right to disqualify people? All these things are stated in the law.

“In Nigeria, we don’t keep laws. So what are the rules? What are the current rules that are not working? When we see the violations, we come out and voice them. And that’s why, for the Nigerian Civil Society Situation Room, we look at the laid-down rules.

“That’s why, when INEC is appointing people, you see us coming out, and we call the sections of the law for you. We are not having sanctions. And a country that does not have sanctions, how do they move?

“Even INEC itself, when they are confused on issues, they will tell you to go to court. Even when they are not confused, when it’s very clear for them to make pronouncements, they will tell you to go to court. So who will save us unless citizens rise and stick to the rules, and demand accountability, for people to obey the rules and regulations, and the Constitution of Nigeria.

“And there must be sanctions, like those who have looted the treasury and all of those things. Many of their cases are before the likes of the EFCC, but nobody can take them to court.

“I think we need more civic education. We need people who are patriotic to Nigeria, and that is what is lacking.”

Also speaking to DAILY POST, Yunusa Tanko, the National Coordinator of the Obidient Movement, said the law should be strict on what should be done to offenders.

He accused the government of the day and the ruling party of having broken the rules already, saying, “The government is already doing a campaign. It’s completely against the rules and regulations of the Electoral Act, and so they should be held responsible. I don’t think it’s true when INEC said they lack the powers. The rules are there,” insisting that the Obidient Movement is very careful with the way it goes about pre-election matters as it would not like to be held accountable.

Meanwhile, the National Assembly is proposing moving Nigeria’s next general elections to late 2026, six months earlier than the traditional February 2027 schedule.

The proposal, contained in the Electoral Act (Amendment) Bill 2025, was unveiled on Monday during a joint public hearing organised by the Senate and House Committees on Electoral Matters in Abuja.

The bill, which seeks to repeal the 2022 Electoral Act and enact a new one, has drawn wide input from lawmakers, civil society groups, and electoral stakeholders.

The Senate on Thursday confirmed the nomination of Joash Amupitan as the new Chairman of INEC. He was screened by Senators on Thursday following a request by President Tinubu.

During the screening, the INEC Chairman, among other things, assured that the electoral body would educate Nigerians in a bid to regain the confidence of voters.

The INEC Chairman was appointed to replace Professor Mahmood Yakubu, who has completed his two terms.

Fed Poly Offa reacts to ASSUP’s alleged accreditation fraud

Management of the Federal Polytechnic, Offa in Kwara State, has described claims of accreditation fraud by the academic union of the institution as false, misleading, and malicious.

A statement by the spokesman of the institution, Iroye Yinka, on Friday read in part: “The attention of the Management of The Federal Polytechnic, Offa, has been drawn to another round of false, misleading, and malicious claims regarding the recently concluded NBTE Accreditation Exercise, alleging that equipment were outsourced and that funds were misappropriated.

“This recycled narrative, previously peddled in a Daily Post publication of August 11, 2025, under the headline ‘Federal Poly Offa: ASUP decries N500 million accreditation fraud,’ remains false, baseless, mischievous, and deliberately intended to malign the institution and its leadership.

“For the benefit of the Polytechnic community and the general public, the Management wishes to clarify the following facts once again:

“On the Accreditation Budget. The Polytechnic was scheduled for accreditation of 81 academic programmes, not 21 as falsely reported.

“The sum of N500 million mentioned in various reports was only a proposed and duly approved budget, collated by the Directorate of Academic Planning at the instance of Management and presented to the Governing Council in line with due process and public service financial procedures.”

The statement explained that “Departmental submissions initially totalled about N900 million, but management, through prudent financial oversight, streamlined the figure to approximately N500 million without compromising the quality and standards required by the National Board for Technical Education NBTE.

“On Procurement and Expenditure: Out of the approved amount, over N300 million worth of modern equipment and materials were procured and distributed to departments and units across the institution.

“These include: Laboratory and workshop equipment: Modern office furniture, air conditioners, fridges, and televisions, studio and training tools, among many others

“Every department and programme scheduled for accreditation was fully equipped and adequately prepared in compliance with NBTE requirements.

“Therefore, the claim that equipment were outsourced or borrowed is false, malicious, and a deliberate attempt to mislead the public,” the statement added.

The management said no equipment was borrowed, sourced externally, or improvised during the accreditation exercise, as every departmental need was fully provided for and verified by NBTE officials.

On financial transparency, the management disclosed that disbursement of funds followed strict federal financial regulations, with internal and external audit checks at every stage.

According to the statement, the accreditation budget passed through several layers of scrutiny, Departmental, Management, Governing Council, TETFund, and NBTE, making any alleged mismanagement or diversion of funds impossible.

“In addition, N30 million represented statutory fees payable directly to NBTE, while the balance covered logistics such as transportation, accommodation, feeding, and honoraria for nearly 100 NBTE appointed resource persons who participated in the accreditation exercise.

“When benchmarked with similar accreditation exercises across the country, these expenditures are standard, reasonable, and justified,” the management stated.

The management dismissed the insinuation that the Rector, Engr. Dr. Kamoru Kadiri, and the Director of Academic Planning, Engr. Dr. Waheed Balogun, requested N50 million and N20 million respectively for themselves or the Governing Council, describing it as “false, mischievous, and defamatory.”

It added that “The Polytechnic’s financial system is guided by transparency and accountability, with all transactions documented, audited, and reportable to relevant government oversight agencies.

“Management therefore categorically denies any act of financial impropriety or corruption as alleged.”

The management defended the present Federal Polytechnic Offa administration under Engr. Dr. Kamoru Kadiri, arguing that it has brought about unprecedented infrastructural and academic transformation within a short period.

On union engagement, the management said the Polytechnic Accreditation Committee already comprises Deans, Heads of Departments, and senior academic staff, most of whom are members of ASUP by designation.

“Hence, the demand for a separate ‘ASUP slot’ is unnecessary and inconsistent with NBTE accreditation procedure.

“The Management remains open to constructive dialogue with all staff unions but will not condone actions or publications that distort facts or attempt to destabilize the institution.”

The management reaffirmed its commitment to transparency, accountability, and academic excellence and advised the public “to disregard these recycled falsehoods aimed at causing unnecessary tension.”

NYSC releases 2025 Batch ‘B’ Stream II exemption certificates, gives deadline

The National Youth Service Corps, NYSC, has announced the release and delivery of Certificates of Exemption for the 2025 Batch ‘B’ Stream II to corps-producing institutions across the country.

The scheme made the announcement in a post on its official X handle on Friday, stating that the certificates have been produced and distributed nationwide.

According to the NYSC, the six-month countdown for the return of all unclaimed Certificates of Exemption by institutions began from October 6, 2025, in line with its policy on certificate management.

“DELIVERY OF 2025 BATCH ‘B’ STREAM II CERTIFICATES OF EXEMPTION TO SCHOOLS NATIONWIDE

“The 2025 batch ‘B’ Stream II Certificate of Exemption have been produced and delivered to Corps Producing Institutions (CPIs) nationwide.

“In line with the Scheme’s Policy on return of all unclaimed Certificate of Exemption by the Schools six (6) months after delivery, the countdown is with effect from the 6th October, 2025,” the post read.

Katsina NBS trains workers on climate change, conflict resolution

Katsina State mapThe Katsina State Bureau of Statistics office on Tuesday trained its staff on Climate Resilience, Peace and Security

The Katsina State Statistician General, Prof. Saifullahi Sani, while declaring the three-day workshop open, said training was necessary, noting the critical times when accurate and reliable data are needed to understand how climate change and conflicts affect communities.

According to him, “I am delighted to see such a diverse and dedicated group of individuals gathered here today, all united by a common goal of enhancing our understanding and skills in addressing the pressing issues of climate change and conflict.

“This training comes at a critical time when accurate and reliable data are needed to understand how climate change and conflicts affect our communities. The knowledge and skills you will gain here will not only improve our ability to collect, analyse, and use data for better planning and decision-making but also empower us to develop evidence-based solutions to the complex challenges we face.

“Climate change and conflict are two of the most pressing issues of our time, and their impact on our communities is far-reaching. Rising temperatures, changing precipitation patterns, and increased frequency of extreme weather events are altering the fabric of our society, exacerbating existing tensions, and creating new challenges for peace and security.

“In Katsina State, we have seen firsthand the devastating impact of climate change and conflict on our people and our economy.

“However, we have also seen the resilience and determination of our communities in the face of adversity. It is this resilience that we must build upon, and it is this determination that we must harness to create a more sustainable and peaceful future for all.

“The strategic workshop aligns with Mallam Dikko Umaru Radda’s vision of using high-quality data for better service delivery.

“It is on record that Katsina State topped the subnational ranking in 2025 climate governance, mirroring the huge investment in data and clean energy,” he stressed.

The professor further said that the Bureau under his watch will continue to support the state with timely, reliable data for informed policy intervention.

Therefore, he appreciated the United Nations Development Programme for its continuous support and partnership with the Katsina State Government, especially the Bureau of Statistics.

“Their commitment to building local capacity and promoting peace and resilience is truly commendable. This training is a testament to the strong partnership between the Katsina State Government and UNDP, and I am confident that it will have a lasting impact on our efforts to build a more resilient and peaceful Katsina State,” Prof. Sani concluded.

Army lauds Aiyedatiwa’s swift response to ISWAP threat

The 32 Artillery Brigade of the Nigerian Army has commended the Ondo State Government for its swift and decisive response to the recent security alert over a planned terrorist attack by the Islamic State of West Africa Province in parts of the state.

It was earlier reported that the Department of State Services had issued a security advisory to the Brigade Commander on a planned ISWAP operation targeting several communities in Ondo State.

The letter, signed by one H. I. Kana on behalf of the DSS, was titled “Imminent Attacks in Ondo State by Members of ISWAP.”

According to the memo, the targeted areas included Eriti-Akoko and Oyin-Akoko in Akoko North-West Local Government Area, and Owo town, the headquarters of Owo Local Government Area.

Speaking during an official visit to the state Commissioner for Information and Orientation, Mr. Idowu Ajanaku, in Akure on Thursday, the Assistant Director, Army Public Relations of the 32 Artillery Brigade, Major Njoka Irabor, said the prompt response of Governor Lucky Aiyedatiwa reflected his administration’s strong commitment to the safety of lives and property.

“The governor’s immediate convening of an emergency security meeting and his directive for all security agencies to be on full alert demonstrated exemplary leadership and proactive governance,” Irabor said.

He also expressed appreciation to the state government for its consistent support to the military and other security formations, noting that such cooperation had been instrumental in maintaining relative peace across the state.

Irabor recalled that Governor Aiyedatiwa recently presented utility vehicles and other operational equipment to security agencies to boost their effectiveness and readiness.

He pledged the continued collaboration of the Nigerian Army with other security outfits to ensure that Ondo State remains safe for residents and investors.

In his remarks, Ajanaku thanked Major Irabor for the visit and commended the army’s steadfast commitment to the security of the state.

He assured that the Ministry of Information would continue to support the military and other agencies through effective public communication and sensitization.

The commissioner also urged residents to remain vigilant and promptly report suspicious movements or activities to the relevant authorities.

“Timely intelligence from the public is vital in helping the government and security agencies prevent crime and sustain peace,” Ajanaku stated.

mayTotal transactions in the nation’s equity market rose significantly by 78.5 per cent to N1.62tn in September 2025, up from N908.38bn recorded in August 2025, according to the latest Domestic and Foreign Portfolio Participation in Equity Trading report released by the Nigerian Exchange Limited on Thursday.

The NGX attributed the sharp increase in trading value to a series of block trades executed during the month under review, which boosted overall market activity.

The report showed that domestic investors continued to dominate trading on the exchange, accounting for 76.09 per cent of total market transactions valued at N1.23tn, while foreign investors accounted for 23.91 per cent, representing N387.62bn.

Compared to September 2024, when the total transaction value stood at N493.01bn, the September 2025 performance reflected a strong year-on-year growth of 228.89 per cent.

Further analysis revealed that total domestic transactions rose 67.51 per cent from N736.57bn in August 2025 to N1.23tn in September 2025. Similarly, total foreign transactions jumped 125.61 per cent from N171.81bn (about $112.18m) to N387.62bn (about $262.73m) within the same period.

On a segmental basis, institutional investors outperformed their retail counterparts during the month. Institutional investors accounted for N955.26bn of total domestic trades, representing a 143.13 per cent increase from the N392.90bn recorded in August. In contrast, retail investors’ participation fell 18.94 per cent to N278.57bn from N343.67bn in the preceding month.

The NGX report noted that the value of domestic transactions in the first nine months of 2025 stood at N6.70tn, representing 78.44 per cent of total market activity, while foreign transactions amounted to N1.84tn, or 21.56 per cent. This reflects a significant increase from the corresponding period in 2024, when domestic and foreign trades stood at N3.27tn and N696.88bn, respectively.

Over an 18-year period, domestic transactions on the exchange have grown 33.15 per cent, from N3.56tn in 2007 to N4.73tn in 2024, while foreign transactions increased 38.31 per cent, from N616bn to N852bn within the same period.

The report also stated that the exchange rate stood at N1,495.35 to a dollar at the end of September 2025, compared to N1,531.57 to a dollar in August 2025, based on data from the Nigerian Autonomous Foreign Exchange Market.

Analysts believe that the participation of institutional investors and renewed foreign inflows indicate rising confidence in the Nigerian equity market amid efforts by the Central Bank of Nigeria and fiscal authorities to stabilise the economy.

NAICOM, FRSC, NHIA align to enforce motor insurance, others

NAICOMThe National Insurance Commission, the Federal Road Safety Corps and the National Health Insurance Authority have entered into agreements to enforce motor insurance and others under the new Nigerian Insurance Industry Reform Act 2025.

NAICOM, in a statement on Thursday, said that the agreements were arrived at during a meeting at the NAICOM Headquarters in Abuja, where the three agencies outlined concrete steps to integrate data systems, launch public awareness campaigns, and jointly enforce compliance with compulsory motor insurance requirements across the country.

According to the resolutions reached, the first major step will be the integration of data-sharing systems between NAICOM and FRSC to enable real-time verification of vehicle insurance status. This, officials said, will help eliminate fake motor insurance policies and ensure a swift response to road incidents involving insured motorists.

Secondly, the agencies agreed to embark on a joint awareness campaign to educate the public on the benefits of genuine motor insurance and the broader link between insurance coverage and road safety.

The meeting also endorsed the creation of a joint enforcement committee, tasked with ensuring strict compliance with motor insurance laws and addressing cases of fraud or fake documentation. Additionally, FRSC will include valid insurance verification as part of its nationwide enforcement and licensing operations.

FRSC Corps Marshal Shehu Muhammed emphasised the importance of “enhanced data exchange between NAICOM and FRSC to develop a robust system for quick response to road accidents and compensation.”

The Corps Marshal also stressed the importance of digitising the process for prompt emergency response and eliminating fake motor insurance policies.

In his remarks, the Commissioner for Insurance, Mr. Olusegun Omosehin, reaffirmed NAICOM’s commitment to working closely with the FRSC and NHIA to protect motorists and accident victims.

Omosehin said that “NIIRA 2025 has strengthened the compulsory third-party motor insurance policy and established a fund for compensating road accident victims, which will be administered by a committee that includes FRSC representation.”

The NHIA’s representative, Mr. Ajodi Nasir, highlighted the health dimension of the partnership, noting that the collaboration would ensure faster and better medical treatment for accident victims.

Nasir affirmed that the synergy will culminate in a robust system that not only safeguards roads but also ensures prompt and quality medical treatment for accident victims, thereby reducing the morbidity and mortality associated with road crashes.

The newly formed partnership underscores the federal government’s broader reform agenda under NIIRA 2025, which seeks to modernise Nigeria’s insurance ecosystem, improve safety standards, and protect the lives and livelihoods of all road users.

A date will soon be announced for the inauguration of the joint enforcement and coordination committee.