Tag: Third-Party Insurance
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Third-Party Insurance: Feb. 1 commencement of enforcement sacrosanct — Police
The Nigeria Police Force says the Feb. 1 commencement of enforcement of the mandatory Third-Party Insurance for vehicle owners nationwide is sacrosanct. The Force Public Relations Officer, ACP Olumuyiwa Adejobi said this in a statement on Friday in Abuja.
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Increase in Third Party Insurance premium – By Francis Ewherido
A circular dated December 22, 2022, from the National Insurance Commission (NAICOM) increased the premium and limit of liability of various classes of motor insurance. Private motor third property limit was increased from N1m to N3m; own goods limit was increased to N5m; staff bus was increased to N3m; trucks/general cartage; special types was increased…
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TNG Deal Breakers: In The Beginning
Whilst we were yet adults, we learnt of the cliché, “let my people go” which when translated infers the minimum position to scale through a requirement. In academics, it is called a pass. It means you may pass to the next level or class on your personal best and not on the competitive best. Pass…