NAICOM Should Assist Lagos in Activating Capital Based Tax – Sanwo-Olu

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Governor Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu, has called on the management of the National Insurance Commission (NAICOM) to assist the state in activating the Capital based tax in claims as enshrined in the Nigerian Constitution.

Speaking while receiving the management of NAICOM led by its Commissioner for Insurance and Chief Executive Officer, Mr. Olorundare Thomas, who paid him a courtesy visit at the Lagos House, Ikeja, Sanwo-Olu noted that the State has considerably tapped into opportunities available from the Insurance sector, especially for its workforce, pledging to collaborate more.

The governor also tasked the sector with continuous advocacy and education of residents on the benefits of the Insurance sector to businesses, promising to be a partner in progress.

READ ALSO: https://brandpowerng.com/boost-for-lagos-free-zone-as-european-businesses-explore-opportunities/

Responding, Olorundare Thomas commended Governor Sanwo-Olu for all his efforts Lagos state, adding that NAICOM is set to partner with all the relevant Ministries, Departments and Agencies (MDAs) of government in the State. He also informed the Governor on the Commission’s plan to organise an interactive session for Small and Medium Enterprises, SMEs to create awareness on the importance of Insurance to their businesses.

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