NAICOM, NEMSA Partners On Electrical Safety, Insurance Compliance

Oluwakemi Kindness

The National Insurance Commission and the Nigerian Electricity Management Services Agency have entered into a historic partnership, signing a Memorandum of Understanding on electrical safety and enhancing insurance compliance.

This collaborative effort aims to establish a framework for mutual understanding and cooperation in achieving their regulatory obligations, prioritizing the safety of lives and property in relation to electrical incidents.

At the signing ceremony at the NAICOM Headquarters, the Managing Director, NEMSA, Aliyu Tahir, highlighted the agency’s mandate to enforce technical standards and regulations, conduct inspections, testing, and certification of electrical installations.

He said a synergy between NAICOM and NEMSA will ensure safety and mitigate risks.

For the Commissioner for Insurance, Olusegun Ayo Omosehin, expressed his enthusiasm for the partnership, describing it as a “landmark strategy” that will foster development through collaboration and enforcement. He reaffirmed NAICOM’s commitment to achieving expected compliance.

The Deputy Commissioner for Insurance Technical, Dr. Usman Jankara, reassured the NEMSA delegation of NAICOM’s commitment to the partnership, emphasizing the importance of teamwork in achieving their shared objectives.

The signing of the MoU marks a significant milestone in the collaboration between NAICOM and NEMSA, paving the way for enhanced electrical safety and insurance compliance in Nigeria.