File Photo As businesses and individuals adopt cost reduction measures in response to rising inflation and the harsh business environment, the National Insurance Commission, NAICOM, has charged Nigerians to avoid the tendency to shun insurance of their assets. Commissioner for Insurance, Mr. Sunday Thomas, who gave the charge noted that despite the biting inflation in the country, even as people reduce the cost of expenses, this is not the best of time to reduce insurance consumption. Thomas stated this at a webinar organised by Coronation Insurance Plc in partnership with Access Bank Plc, with the theme: “Managing Business Risks at a Time of Uncertainty.” Thomas, who was represented by Mr. Taiwo Adeoye, Technical Adviser to the Commissioner for Insurance, noted that sometimes the gain in ...
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Rumble in Edo as governor runs government without cabinet
Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...