Federal Republic of Nigeria House of Representative committee on Insurance & Actuarial Matters call for Memoranda and Invitation to Public Hearing on “Insurance Bill, 2020 (HB 967)”


Posted on: Tue 01-12-2020

ALL STAKEHOLDERS and the General Public in Insurance Sector are invited to a Two (2)-Day Public Hearing on the above subject matter scheduled as follows: 

A Bill for an Act to Repeal the Insurance Act, Cap, 117 Laws of the Federation of Nigeria 2004 and Enact the Insurance Bill 2020 to provide for a comprehensive legal framework for Insurance Business in Nigeria and for Related Matters, 2020. 

DATE: 14th -1 15th December, 2020 

VENUE: Room 028, House of Representatives, National Assembly Complex, Abuja 

TIME: 11.00am Prompt Daily 

SPECIAL GUEST OF HONOUR: 

His Excellency, Rt. Hon. Femi Gbajabiamila 

Speaker, House of Representatives

THE FOLLOWING ARE SPECIALLY INVITED TO MAKE SUBMISSION AND PRESENTATION AMONG OTHERS;

  1. National Insurance Commission (NAICOM) 
  2. Nigeria Insurer Association (NIA) 
  3. Nigerian Council of Registered Insurance Brokers (NCRIB) 
  4. Chartered Insurance Institute of Nigeria (CIIN) 
  5. Central Bank of Nigeria (CBN) 
  6. Securities and Exchange Commission (SEC) 
  7. Association of Registered Insurance Agents in Nigeria (ARIAN) 
  8. National Association of Insurance and Pension Correspondence (NAIPCO) 
  9. Nigerian Governor's Forum (NGF) 
  10. Federal Ministry of Finance (FMF) 
  11. Federal Ministry of Justice (FMJ)
  12. Federal Ministry of Agriculture and Rural Development (FMARD) 
  13. Office of the Accountant General of the Federation (OAGF) 
  14. Office of the Auditor-General of the Federation (OAGF) 
  15. Budget Office of the Federation (BOF) 
  16. Federal Inland Revenue Service (FIRS) 
  17. Head of Civil Service of the Federation (HOS) 
  18. Nigeria National Petroleum Corporation (NNPC) 
  19. Nigerian Maritime Administration and Safety Agency (NIMASA) 
  20.  Nigerian Ports Authority (NPA)
  21. Nigerian Inland Water ways Authority (NIWA) 
  22. Nigerian Content Development and Monitoring Board (NCDMB) 
  23. Federal Ministry of Aviation (FMA) 
  24. Federal Ministry of Power, Works and Housing (FMPWH) 
  25. Nigerian College of Aviation (NCAT) 
  26. National Petroleum Investment Management Services (NAPIMS)
  27. Ministry of Petroleum Resources (MPR) 
  28. Department of Petroleum Resources (DPR) 
  29. Federal Ministry of Mines and Steel Development (FMMSD) 
  30.  Ministry of Defence (MOD) 
  31. Federal Ministry of Health (FMOH) 
  32. Ministry of Transportation (MOT) 
  33. Council for the Regulation of Engineering in Nigeria (COREN) 
  34. Council of Registered Builders of Nigeria (CORBON)
  35. Federal Ministry of Communication and Digital Economy (FMC) 
  36. National Association of Nigerian Traders (NANTS)
  37.  Nigeria Fire Service(NFS) 
  38. Nigerian Customs Service (NCS) 
  39. Nigerian Police Force (NPF) 
  40. Nigeria Security and Civil Defence Corps (NSCDC)
  41. Nigeria Immigration Service (NIS) 
  42. Federal Ministry of Environment (FME) 
  43. Nigerian Union of Road Transport Workers (NURTW)  
  44. Vehicle Inspection Office (VIO) 
  45. Federal Road Safety Corps (FRSC) 
  46. Assest Management Corporation of Nigeria (AMCON)  
  47. Nigerian Social Insurance Trust Fund (NSITF) 
  48. Nigerian Labour Congress/ Trade Union Congress (NLC/TUC)
  49. Association of Local Government of Nigeria (ALGON) 
  50. National Health Insurance Scheme (NHIS) 
  51. Other Concerned Ministries, Departments and Agencies (MDAs) 
  52. Insurance Sectors CSOs
  53. The General Public/ Interested Stakeholders

All Memoranda to be submitted in thirty (30) hard copies and a soft copy is to be made to Room 2.26 or Meeting Room 440, House of Representatives, National Assembly Complex, on or before 11th December, 2020. 

For further enquiries or request for the soft copy of the insurance Bill, 2020 call 08035794485 or 09060465088 or email [email protected]

Your co-operation, contribution and participation are highly solicited.

Signed: 

Rt. Hon. Darlington Nwokocha 

Chairman, Committee on Insurance & Actuarial Matters