Business Trends & Strategies, General, Insurance News in Nigeria

Fire Disasters: NCRIB Sympathizes With Galaxy TV, Others

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The outbreaks of fires have become a recurring decimal in the country, draining the nation of substantial material resources and loss of human lives, according to a release signed by President of the Nigerian Council of Registered Insurance Brokers (), Mr. Kayode Okunoren.

The Council commiserated with management of which station was gutted by fire recently in Lagos and victims of recent fire outbreak in Lagos and other parts of the Country.

Okunoren stated that individuals and business owners needed to devote more attention to risk prevention mechanisms, of which, insurance is pivotal, in preserving their material resources.

“Individuals and owners need to understand risk vulnerability occasioned by the present harsh weather conditions and poor town planning policies, and in so doing, engage insurance experts to advise them on risk prevention”, Okunoren advised.

He said while the painful incidents of fires with its ravenous effects had been witnessed in Ibadan, Nnewi, Abuja and Kaduna in recent times, Lagos State has also had its painful share of the incident. He however enjoined State to get involved in massive education of its citizens on need to engage risk prevention mechanism with special emphasis on insurance.

Recently, the Lagos State Fire Service disclosed that 1,898 fire incidents were recorded in 2015 with billion of naira lost and 80 deaths. The records show that the outgoing year recorded 200 fire incidents over that of previous year.

The advocated a synergy between the insurance industry and various organizations and agencies to continually brainstorm of preventive strategies and evolvement of public enlightenment activities to reduce the menace of fire incidents in the country.

 

 

Source: businesstodayng

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