Harboursandport.com: Lagos - The Nigerian Association of Insurance and Pension Editors (NAIPE) has unveiled panelists for its 2024 national conference.
The
panelists, comprised of experts from key sectors of the economy including
insurance, Pension, and Capital Market, will discuss and analyse the theme of
the Conference “Towards A $1 Trillion Economy: Roles of Insurance And Pension
Sectors.”
This year’s
edition of the NAIPE national conference which is 9th in the series will take
place on October 8, 2024, at the Oriental Hotel, Lekki-Ajah Expressway,
Victoria Island, Lagos, by 9 am.
The former
Commissioner for Insurance/CEO, National Insurance Commissioner (NAICOM), who
is also the former Managing Director/CEO, FBS Reinsurance Limited, Mr. Fola
Daniel, will chair the conference. At the same time, the Managing
Director/Chief Economist, Analysts Data Services and Resources, Dr. Afolabi
Olowookere, will deliver the theme paper.
The Special
Guests of Honour for the Conference will be the newly appointed Commissioner
For Insurance/CEO, NAICOM, Mr. Olusegun Omosehin and the Director-General of
the National Pension Commission (PenCom), Mrs Omolola Bridget Oloworaran.
The event
will bring together stakeholders in the insurance and pension sectors to
discuss the importance of the sectors’ contribution to the $1 Trillion Economy
projected by the present administration for achievement by 2026.
It would be
recalled that President Bola Ahmed Tinubu while attending the 29th Session of
the Nigerian Economic Summit Group (NESG) in 2023, promised to grow the
nation’s economy to $1 trillion by 2026.
Presently
the main drivers of the economy are crude oil, agriculture, services and
manufacturing. As the various sectors of
the country’s economy increase the tempo of economic activities to meet the set
target, there will be opportunities thrown up, therefore the insurance and
pension sectors must be ready to take advantage of those opportunities.
While
Insurance sector is expected to provide the needed support in terms of
protection against risks that may likely crystallise during the period and
beyond, Pension Sector on the other hand is expected to take care of the
welfare of the workers by ensuring proper management of workers pension
contributions and timely payment of pensions to retirees.
The Chairman
of the occasion, Mr. Fola Daniel is an astute professional in the Nigerian
insurance and pension sectors; while the Keynote Speaker, Dr. Afolabi
Olowookere is a renowned economist.
Commenting
on the theme of the conference, NAIPE Chairperson, Mrs. Nkechi Naeche-Esezobor,
said the theme of the conference was carefully chosen to draw the attention of
the operators of the two sectors to the realities on the ground, especially
regarding what they need to do to remain relevance in the unfolding economic
situation in Nigeria.
Esezobor
noted that not less than 250 stakeholders from the insurance, pension, finance,
organised private sector and trade Unions and Associations would attend the
conference.
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