Oyetola pledges support for insurance industry

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Story by John Edet

The Governor State of Osun, Mr. Gboyega Oyetola has pledged his support for the development of insurance profession and assured insurance brokers of patronage by the state government.

He assured that the enormous material and human assets of the state would be duly preserved and enhanced through effective management of risks which falls within the confines of the insurance industry.

Speaking during his conferment as fellow of the Nigerian Council of Registered Insurance Brokers in Osogbo, the Governor noted that the importance of insurance to the development of any nation cannot be undermined, affirming that insurance business ensures continuity of other businesses, especially, after any form of calamity.

Reacting to the recent judgment of the Supreme Court that validated his election as governor, Oyetola stated that the victory has finally put to rest all disturbances against his determination to serve the people of Osun State diligently.

According to him, the award of Fellowship by the Council would further spur him to work assiduously and would not disappoint the industry as a professional in politics.

Speaking earlier, at the event, the President, Nigerian Council of Registered Insurance Brokers, Mr. Shola Tinubu, enjoined the Governor to introduce insurance education in all secondary schools across the state to further entrench the interest of insurance as a course in the minds of the teeming youth who are leaders of tomorrow.

Tinubu commended the Governor for his diligent commitment to the Council and particularly, for personally writing the dissertation that partly qualified him for the award in consonance with the Council’s fellowship statutory requirement.

He lamented the attitude of many Nigerians to the patronage of insurance products, adding that insurance has not been given its pride of place in the economy of the nation.

The President further stressed the importance of insurance brokers as the only professional arm of the industry that could be trusted with the nitty-gritty of insurance transaction.

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