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Insurance Horizon Widens With ‘One Million Youths In Insurance’ Training Programme

Nwanne Ikemefune by Nwanne Ikemefune
October 4, 2024
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The stretch of insurance awareness and training takes a new dimension today with the National Insurance Commission and the Ministry of Youth Development signing a Memorandum of Understanding to train one million youths in Nigeria in Abuja.

The MoU signed in conjunction with the Chartered Insurance Institute of Nigeria. The program tagged “One Million Youths in Insurance” NAICOM cleared is in line with the project of President Bola Ahmed Tinubu to create more jobs and empower the youths.

The program would sensitise Nigerian Youths with knowledge that insurance offers financial protection, peace of mind and embrace it; and stick to best practices to be able to participate in Insurance, boost youth entrepreneurship, create employment across the 774 Local Government Areas. Through this channel there would be opportunities for our youths to promote insurance awareness on social media platforms, boost the insurance with impact across other sectors and accelerate Nigeria’s financial inclusion mandate.

The Commissioner in his remark thanked the Minister of State for Youths Comrade Ayodele Olawande for his commitment towards the project and expressed his appreciation to all parties involved in the project believing that the project would be a clear win for the youths.

The Minister in his welcome address expressed his delight for the signing of the MoU, and remarked that similar MOU was signed with the Nigerian Data Protection (NDPC) to train Nigerian Youths in data protection and privacy.

He said that the future of Nigeria rests on the shoulder of the youths who make up over 60% of the population and insurance which is critical to the economy of any growing Nation like Nigeria rarely receives a glance. Confident Olawande said through this partnership with NAICOM, Nigerian youths would be sensitized to know the importance of insurance, foster entrepreneurship, and create employment opportunities across all 774 local government areas of the country.

Featured picture, from left: Dr. Usman Jankara (Dep. Commissioner for Insurance, Technical), Mr. Olusegun Ayo Omosehin (CFI), Hon. Ayodele Olawale (Minister of State for Youths), Mr. Ekerete Ola Gam-Ikon (Dep. Commissioner for Insurance, Finance and Admin) and Mr. Amu Ogbeide (Founder and CEO Sapphital Academy).

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