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Ambode urges operators to draft bill for insurance growth in Lagos

Lagos State Governor, Mr. Akinwunmi Ambode has urged insurance sector operators to come up with a draft bill that will accelerate growth of insurance business in Lagos.

The governor who gave this  charge during the commissioning of the corporate head office of Wapic Insurance Plc in Lagos, pledged that his administration will be committed to ensuring the growth of the insurance sector in Nigeria.

He said that insurance business has come to stay as one of the sectors that will transform the economy and contribute meaningfully to the growth of the GDP of Nigeria especially now that government is earnestly searching g for alternative means of foreign exchange earnings.

He said to this effect, Lagos sate, will early next year start implementing Health Insurance Scheme for its citizens and will partner with insurance industry operators in this regard.

He said that Wapic Insurance has been one insurance firm that has proactively partnered with his administration with insightful recommendations on key issues of governance and welfare of the citizenry, particularly in the areas of safety and security of lives and properties through insurance such as relating to building collapse, fire, accidents, amongst others.

He commended the Wapic Insurance building architecture adding that the architectural psychology of the new  Wapic Insurance head office was aimed at achieving optimal efficiency from staff with curtain glass walls, natural cross ventilation and greenery which are components that drive work space productivity all taken into account during the design phase.

“The Wapic Insurance head office is presently one of the most efficient and green buildings within and around the Awolowo axis of Ikoyi, Lagos with a total land size of 13,85Square Meter, total build up area 3,639Square meter including usable roof area showcasing 100 percent hard and soft landscaping area on the ground floor,” he  observed.

He said in developing the facility as a green building, the company has not only affirmed the forward looking orientation and values that have became its hallmark, but has shown that the company is an environmentally responsible creating sustainable work spaces without compromising the health and safety of the people.

He said Lagos State Government would continue to identify with and support organisations such as Wapic Insurance in its efforts to create the new Lagos of the administration’s dreams.

“As government, we will continue to explore ways to create an enabling environment to make your businesses thrive. We are committed to introducing new incentives for businesses in Lagos to enable them grow, support the society and take more of the youths off the streets”, he promised.



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