By Damilare Adeleye
IGP Kayode Egbetokun, Inspector-General of Police, has directed the enforcement of third-party insurance effectively from February 1, 2025.
This was as the IGP reiterated that Section 68 of the Insurance Act and Section 312 of the 1945 Motor Vehicle (Third Party Insurance) Act mandate that all vehicle owners possess third-party insurance before operating their vehicles on public roads.
This was disclosed in a statement released on Friday by ACP Olumuyiwa Adejobi, Force Public Relations Officer.
He said the IGP gave the directive when he received the Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin and his team on Friday.
Adejobi added that Mr. Olusegun was accompanied by Dr. Usman Jankara, Deputy Commissioner (Technical); Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner (Finance and Administration); Dr. Talmiz Usman, Director (Legal, Enforcement, and Market Development); Mr. Ajibola Bankole, Director (Inspectorate); Mr. Taiwo Babatola Adeoye, Special Assistant to the Commissioner for Insurance; and other members of NAICOM.
“In his remarks, the IGP affirmed the importance of third-party insurance and announced February 1, 2025, as the commencement date for the enforcement of the relevant laws.
“The IGP further stated that Section 68 of the Insurance Act and Section 312 of the 1945 Motor Vehicle (Third Party Insurance) Act mandate that all vehicle owners possess third-party insurance before operating their vehicles on public roads.
“He urged Nigerians to comply with these laws, as violations are punishable by imprisonment, fines, or both,” the statement partly read.
“The NPF remains steadfast in collaborating with all MDAs and companies in ensuring that the protection of lives and property of all citizens of the Federal Republic of Nigeria remains paramount,” the police spokesperson added.
