NASS Committee Pledges Support to NDIC in Safeguarding Depositors’ Funds


The Chairman of the House of Representatives Committee on Insurance and Actuarial Matters, Ahmed Usman Jaha, has pledged proactive measures to formulate regulatory frameworks and provide support to the Nigeria Deposit Insurance Corporation (NDIC).

Thank you for reading this post, don't forget to subscribe!

At a retreat organized by the NDIC with the theme ‘Maintaining a Resilient and Stable Banking System: The Role of NDIC,’ Jaha emphasized the need for new committee members to gain a comprehensive understanding of the insurance sector.

The retreat aims to members with the knowledge required to contribute meaningfully, especially in ensuring the safety of depositors’ funds.

Jaha expressed readiness to collaborate with NDIC to achieve this goal. NDIC Managing Director Bello Hassan highlighted the corporation’s role in ensuring financial system stability and safeguarding depositors’ funds.

The retreat provides an opportunity for insightful discussions and knowledge sharing on challenges and opportunities in the banking and insurance industry.

Share post:



More like this

Stock market declines by 1.31%, sheds N721bn

February 29, 2024. Azonuchechi Chukwu. Trading of equities on the floor...

“In Awada Anambra State: School Security Chief Unveiled as Serial Killer”

February 29, 2024. Azonuchechi Chukwu. In a shocking turn of events,...

Tinubu insists on restructuring states based on their natural resources during Southwest tour.

President Bola Ahmed Tinubu has outlined his administration's approach...

Olam’s Shares Surge Amid Second-Half Turnaround

Olam Group Ltd.’s shares soared following a significant turnaround...
WP to LinkedIn Auto Publish Powered By :