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Govs Agree To Implement Autonomy For State Legislature, Judiciary In May

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 Nigeria Governors’ Forum (NGF), Conference of Speakers of State Leg­islature and other stakeholders have reached an agreement on the implementation of the financial autonomy for state legislature and judiciary.

The chairman of the Nigeria Gov­ernors’ Forum, Gov. Kayode Fayemi of Ekiti State made this known to State House correspondents at the end of a meeting in Abuja on Monday.

The meeting was presided over by the Chief of Staff to the President, Prof. Ibrahim Gambari.

He said: “We are here for legislative and judicial auton­omy and governors, speakers of state Assemblies and the judges of the states are on the same page as far as this issue is concerned.

“We just emerged from a meeting with the Solicitor General of the Federation, the representatives of the ju­diciary and those of the Con­ference of Speakers and we are all in force, an agreement has been reached.

“The issue is about imple­mentation. There has been no objection from governors on judicial and legislative au­tonomy.

“As a matter of fact, it would not have passed if governors were not in sup­port in the first instance. So, that issue has been fully and holistically addressed,” he said.

Fayemi maintained that modalities were being fine-tuned and the implementa­tion of the agreement would begin in May.

He said: “We don’t just want to agree to something on paper without working out the modalities for imple­mentation.

“Thankfully, the meeting we just emerged from with the Chief of Staff to the Presi­dent chairing, has worked out the modalities, to the satisfac­tion of all the parties.

“As soon as the final doc­ument that is being cleaned up emerges, it will be imple­mented as soon as possible and that will be definitely not later than the end of May.”

He, therefore, called on striking judiciary workers to call off and resume work in the interest of the nation.

“In the interest of the nation, we believe that the striking workers should re­turn to their offices because as far as this has gone, we have met with all the parties concerned and the president, through his Chief of Staff, has been monitoring what has been happening.

“And I think we are rea­sonably at a position where whether you speak to the Conference of Speakers chairperson, or you speak to me, or you speak to the repre­sentative of the judiciary or the Solicitor General of the Federation, you will hear that we are speaking with one voice on the implementation.

“And no later than May, you will start seeing the im­plementation of the agree­ment that we have reached,” he said.

Those who attended the meeting included Gover­nors Bagudu Atiku of Keb­bi, Aminu Tambuwal of Sokoto and Simon Lalong of Plateau,

Others were the Solicitor General of the Federation, Dayo Akpata, as well as the leadership of the Conference of Speakers of States Legis­lature and that of states judi­ciary.

Earlier, the Senate on Mon­day said that the indepen­dence of the judiciary was non-negotiable.

Sen. Opeyemi Bamidele, Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, said this while reacting to the protest by members of the Nigerian Bar Association (NBA) at the National Assembly, Abuja, in solidarity with striking Judi­ciary Staff Union of Nigeria (JUSUN) protesting financial autonomy.

JUSUN began a nation­wide indefinite strike on Monday, April 6 over the non-implementation of ju­dicial financial autonomy as enshrined in the constitution.

President Muhammadu Buhari had signed an Execu­tive Order granting financial autonomy to the judiciary and State House of Assem­bly in May 2020, after several agitations.

However, the gazetting of the order was suspended after Buhari met with governors, who later expressed concern over its constitutionality.

Reacting to the develop­ment, Bamidele who said that the independence of the judiciary was non-negotiable added that no democracy could survive without rule of law and independence of the judiciary.

“For me as a Nigerian, it is laughable that we still need at this point, to be grappling with the need to grant judicia­ry independence at whatever level be it at the federal, state and local government level.

“Our laws are very clear on this,” he said.

He said that the National Assembly had guaranteed the independence of the judiciary at the federal level calling on state Houses of Assembly to do same.

“For the National Assem­bly, we have done the needful by making necessary laws that can guarantee indepen­dence of the judiciary at the federal level. So for us, it is not an issue because we have done the needful.”

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NAICOM Partners UNDP To Scale Insurance Innovation, Climate Risk Resilience

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The Commissioner for Insurance, Mr. Olusegun Omosehin, received a delegation from the United Nations Development Programme (UNDP) on a courtesy visit to the National Insurance Commission (NAICOM), aimed at deepening collaboration and setting strategic priorities to expand insurance access, enhance market stability, and scale climate and disaster risk solutions across Nigeria.

Speaking during the visit, the UNDP Regional Specialist, Mr. David Mueller, expressed appreciation for the Commission’s leadership and reaffirmed UNDP’s commitment to supporting Nigeria’s insurance sector. He highlighted UNDP’s interest in scaling the Lagos Flood Risk Insurance Model, strengthening systemic capacity, including actuarial development and enabling insurers to mobilize domestic capital for sustainable investment.

The UNDP delegation also pledged continued support for the implementation of ongoing reforms in the Nigerian insurance industry, drawing on lessons learned from previous UNDP supported projects within the sector.

In his response, the Commissioner for Insurance welcomed the UNDP team and expressed gratitude for their sustained support to the Nigerian insurance industry. He outlined five strategic pillars underpinning NAICOM’s reform agenda and reiterated the Commission’s commitment to a transparent recapitalization process, fostering innovation, and creating an enabling environment to significantly enhance insurance penetration in Nigeria.

The Commissioner noted that the recently enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025 provides a robust legal framework for strengthening consumer protection, enhancing regulatory capacity, improving financial soundness, promoting innovation and sustainability, and expanding market access and penetration.

He further explained that the ongoing industry recapitalization exercise, with the first phase scheduled to conclude on 31 July 2026, is designed to reinforce the financial stability and resilience of insurance institutions. To support operators, NAICOM has established dedicated support mechanisms, including a Recapitalization Committee, to guide the process.

The Commissioner also affirmed NAICOM’s commitment to institutionalizing Environmental, Social, and Governance (ESG) principles and sustainable insurance practices through the development of an in house NAICOM ESG Framework, building on prior diagnostic work and toolkits developed in collaboration with partners such as FSD Africa and UNDP.

Both parties agreed on the urgent need to rapidly scale actuarial capacity across the insurance industry through coordinated systemic capacity building initiatives, including the GAIN programme and strategic partnerships with actuarial service providers.
The meeting further explored options to revive and advance a national catastrophic insurance scheme, to be implemented collaboratively by NAICOM, UNDP, and relevant disaster management agencies, including the National Emergency Management Agency (NEMA).

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NIA To Honour Past Governing Council Members

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The Nigerian Insurers Association (NIA) has announced plans to honour its past governing council members and director general, in recognition of their invaluable contributions to the growth and development of the association.

This initiative underscores the association’s deep appreciation for the visionary leadership, dedication, and selfless service of those who have steered the affairs of the NIA over the years. Their efforts have laid a solid
foundation for the association’s achievements and strengthened its role as the collective voice of the insurance industry.

The event is scheduled to take place on April 30 in Lagos, under the theme, “Service as the Cornerstone of Leadership and Institutional Legacy.”

Speaking on the significance of the initiative, the Chairman of the NIA, Mr. Kunle Ahmed, noted that honouring past governing council members and director generals is not only a mark of respect, but also a way of preserving the association’s rich legacy.

He said that their guidance and commitment have been instrumental in shaping policies, fostering industry collaboration, and promoting public confidence in insurance as a tool for national development.

Ahmed emphasised that the structures laid down by the past leaders, the values they upheld, and the sacrifices they made continue to resonate in the association’s present achievements.

He said: “Institutions are built over time, but their true strength lies in the people who devote themselves in service.

“This event is our way of pausing to honour those whose leadership and sacrifices created the pathway we now walk. Their legacy is not confined to history—it lives on in every milestone we celebrate today.”

The NIA Chairman further stated that by celebrating the association’s past leaders, the NIA preserves its history, reinforces its values, and set a clear benchmark for future leadership.

According to him, the progress the association enjoy today is firmly anchored in the foresight and dedication of its past leaders.

“Without question, they remain the bedrock of the NIA’s enduring relevance and success, he said.”

The ceremony will bring together industry stakeholders, regulators, and partners to celebrate these distinguished leaders and reaffirm the Association’s commitment to excellence, innovation, and sustainable growth.

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Heirs Insurance Partners United Capital On Self-care, Wealth Event

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Heirs Insurance Group and United Capital Plc, recently hosted the Yoga and Money Meet Up, an exclusive wellness and financial empowerment event for ambitious women.
The event, which held in Lagos, offered a curated experience combining guided yoga and stress management sessions with expert-led conversations on insurance, investment and asset protection. The event reinforced Heirs Insurance Group’s and United Capital’s commitment to making financial wellness relevant and accessible to Nigerian women.
Speaking on the initiative, Ifesinachi Okoli-Okpagu, Chief Marketing Officer at Heirs Insurance Group, underscored the strong link between insurance and wellness. “Self-care is not just about indulgence; it is about making deliberate choices that safeguard one’s physical, mental, and financial well-being – and insurance is fundamental to that. For many women juggling careers, businesses, and family, this event addresses a significant pain-point: how we protect our assets while still juggling life”.
She introduced HerMotor insurance plan, designed for ambitious women who need more than just insurance. The unique product offers comprehensive motor coverage against accidents, fire, theft, and other unforeseen incidents that cause loss to the policyholder’s car. An added benefit is the 24/7 emergency roadside assistance for female car owners during car breakdowns arising from accidents or mechanical faults. The first-of-its-kind solution in the industry is delivered in partnership with AA Rescue, and includes a robust reward programme, where customers can access discounts from spas, wellness programmes, and more.
Dr. Odiri Oginni, Managing Director, United Capital Asset Management, added that the collaboration reflects a shared commitment to women’s empowerment. “Empowerment is at the core of what we do, and co-creating on an initiative that directly addresses the financial realities facing Nigerian women further emphasises this. We recognise that financial independence and personal wellness are deeply interconnected, and by creating opportunities that bring both together, we are reinforcing our commitment to empowering women to confidently pursue and achieve their dreams. This vision informed the creation of our Wealth for Women Fund, which provides women with a secure and accessible avenue to invest smartly and build long-term financial security.”
The Yoga and Money Meet Up reflects a joint vision to empower Nigerian women through financial education and protection.
Heirs Insurance Group is the insurance subsidiary of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents. With a rapidly expanding retail footprint and an omnichannel digital presence, Heirs Insurance Group serves both corporate and individual customers across Nigeria.
United Capital Plc is a leading Pan-African financial and investment services group providing bespoke, value-added solutions to governments, corporations, and individuals across Africa. With operations in Nigeria, Ghana, and Côte d’Ivoire, and a growing pan-African footprint, the Group leverages technology, specialist expertise, and retail-led platforms such as InvestNow to deliver cutting-edge financial solutions. United Capital has been recognised by the Financial Times as one of Africa’s fastest-growing companies for three consecutive years.

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