NCRIB congratulates Buhari, commends electoral process

THE Nigerian Council of Registered Insurance Brokers, umbrella body of all insurance brokers in Nigeria has commended the President-elect, General MuhammaduBuhari and applauded the electoral process for ensuring that the wishes of Nigerians counted at the polls.

In a release signed by the President of the Council, Ayodapo Shoderu, the NCRIB said that the peaceful conduct of the election and emergence of a new president has paved the way for the socio-economic and political stability of Nigeria.

He also commended the incumbent President, Goodluck Jonathan for creating an enabling environment for further deepening of the democratic process, noting that he had by so doing joined the prestigious league of the global statesmen and eminent fellows.

President Shoderu noted that the result of the election was already impacting positively on the economy, given the response of market forces to the political process. According to him “there is an inextricable link between politics and economy and whatever affected one would definitely affect the other”

He challenged the president-elect to start giving serious thoughts to strategies for growing the nation’s economy through the provision infrastructural development and creation of jobs in order to enhance quality lives for Nigerians and by so doing increase their disposable income.

Shoderu further stated that since no economy could develop without taken into cognizance the place of insurance and risk management, the in coming government In another development, the Council has commiserated with victims of the recent Balogun market fire incident where properties worth millions of naira were destroyed. The President of the Council stated that the incident has further depleted the resource at the disposal of the victims and national economy in general.

Shoderu reaffirmed the place of insurance in mitigating such losses and called on marketers all over the country to embrace insurance as a proactive risk mitigating device.

The NCRIB recalled that the Council had made clarion calls to market women and men to always imbibe insurance and utilization of the services of insurance brokers for their assets during the Council’s delegation visit to the Iyaloja of Nigeria, Madam Folasade Tinubu-Ojo.