INDICATIONS have emerged that Lagos State governor, Mr Akinwunmi Ambode, will soon introduce compulsory insurance scheme for all buildings in the state.

Director-General, Lagos State Safety Commission, Hakeem Dickson, gave the hint on Monday at a media briefing on the activities of the commission.
He said as part of preparations towards the commencement of the policy implementation, the state government, in synergy with consortium of insurance companies and National Insurance Commission (NAICOM), was already working out ways of enforcing the policy.
According to him, the measure is in line with the Lagos State Government Safety Law 2003, saying the law would be applicable to both owners of completed and uncompleted buildings in the state.
Penalties for defaulters, according to him, attracts N100, 000, fine or one year imprisonment, or both on conviction.
Dickson stated that the aim of the insurance policy was all about safety of lives and property in the state, adding that the grassroots was not left out in the drive to bring safety to all nooks and crannies of the state.
“That is why we have a department in the commission that takes care of this. There is the need to check the incessant building collapse and attendant loss of lives in the state, due mostly, to negligence and lack of compliance to safety measures.
“The state government through the commission in order to ensure that all buildings are insured, is about to sign a Memorandum of Understanding, MoU, with representatives of NAICOM, this Wednesday.
“The commission has also been reorganized and staff reassigned to ensure innovative approach and better delivery of service to the public.
“The commission will continue to strengthen its collaborations with other government agencies, while private organizations have and will continue to play major part, to ensure compliance to safety regulations,” he said.
Dickson added that the commission would be establishing a Safety Institute where stakeholders can be trained and certified.
“Identification has been an issue and the commission intends to address this by equipping staff, safety consultants, agents and vendors with secure IDs.
“We have also engaged consultants who are qualified in different domains to assists in ensuring that all organizations conform to lay down safety laws, regulations and measures in their daily business,” Dickson said.

http://tribuneonlineng.com/ambode-introduce-compulsory-insurance-policy-buildings-lagos/

smart one

eko o ni baajr

If these guys would focus on health, education, employment the way they focus on income generation, 'eko ma dubai'

Only the rich will soon be the only ones to live in Lagos.

After I pay land use charge and other charge,we'll surely pay for dis.While dey ban danfo,arrest hawkers,etc.This APC slogan CHANGE get as E be oo.Some danfo owners are now selling their buses

It is needed.

Well for the now am like the policy how it will turn out.

Marketing tenant go suffer it most cos it will bring more hardship to the citizen... Automatic increase in house rent and price of landed properties in the state

Fraud! simple our insurance are too technical to do business with, common man would just been paying for nothing..

Okay, Let's say everybody insures their building. That means more money for Institutional Investors (Insurance Companies and co) to invest with the premium paid by subscribers, and that's more money for them in terms of return on investment (dividend).

Lagos is trying to be too smart here!

Only for the rich!


Meanwhile....that bas.tard wey be judas don recive alert! Him don sell bros J.

But no wahala, we go stil see am on sunday!

I just hope all these are done with the right intents and not just to bring more money to the coffers of the government.....Meanwhile something evil is happening in Ib.....Please help spread the message....#BringBackGQ

This is nothing but hardship. If ambode should implement this. Apc should just forget Lagos in next coming election.

Is alright

No wahala. The Landlords will pay Ambode's Insurance Policy money, and inturn do the needful....so tenants, the ball is in your court.

dead on arrival. so if i refuse to insure my house u go arrest me or lock my house. i remember when Tinubu boys con lock our big gate cos of tenement rate. we break d tin. mtcheew

Now I believe that AMbode have a great vision for Lagos state unlike that useless on my state

Thank God for insurance in Nigeria now for the great improvement unlike 2000-2006 Insurance companies.

I know that many will COMPLAIN or reject this... But at the end, they will enjoy it... go to advance country, u can't see a building with insurance cover there....

Lagos, Nation of afonja, Develop by developer

What about those recently displaced residents? Where's their insurance?

Hahahah a government always thinking of how to milk people like cow

itiswellandwell:
This is nothing but hardship. If ambode should implement this. Apc should just forget Lagos in next coming election.

prophet of election

Morning, water borehole, soil test, pile foundation

Another bad policies there...
Always thinking on income generation. A beg I dey go village

L

Tazdroid:
prophet of election

Am telling you, all what this people care about is just how to collect from the masses and there won't be nothing or nothing much to show for it.
Trust me, the insurance policy will be one of pdp campaign selling point. If the policy would an ongoing payment and not a one time payment. Pdp would come and say, they will cancel it and people will fall for it.
Aside from pdp trying to use this as a yardship to win election, people might want to have a feel of another party.

Ogun state remains the best place to build at the moment.

Some of you are olodo.


Mr tinubu was the one who put the logo of Lagos at the lagos house. It should not be there.


The local government want finance autonomy. That good.

The insurance rate with houses which has Igbo shops will be 100 times more expensive. Landlord now don't rate to shops to Igbo people because yoruba , people are burning down Igbo shops in Lagos, and your houses will be affected

http://1.bp..com/-akJ-tE7BIA0/ViVufAyZFPI/AAAAAAAAD8A/2LGyYVCr444/s1600/3.jpg

ok

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itiswellandwell:



Am telling you, all what this people care about is just how to collect from the masses and there won't be nothing or nothing much to show for it.

its a shame that our democracy is one sided whereby the government implement only laws that brings revenue to them n forget about the masses shame on scam n shame on change cos we now understand the definition of change

this man is a joke, how can you force insurance on people

realone2012:
Okay, Let's say everybody insures their building. That means more money for Institutional Investors (Insurance Companies and co) to invest with the premium paid by subscribers, and that's more money for them in terms of return on investment (dividend).

Lagos is trying to be too smart here!

You need to look at the other part too

Someone who paid just 200k to insure a house can collect as much as 20million if the house is gut by fire.

So it's not just collecting premium claims are being paid in huge amount

Tinubu[color=#006600][/color]

Kaimallamm:
Who elected ambode as Lagos state governor

itiswellandwell:
This is nothing but hardship. If ambode should implement this. Apc should just forget Lagos in next coming election.

U lack knowledge about insurance

If you understand the benefit of having comperensive Insurance on your car.. Then u will knw that for house, its Important... Some pple are doing it before government implement it

Come look many building that collapse this days, where so u think the owner will start.... Its for their own safety..