Tag: NIA

  • NIA makes N153m from data uploads

    The Nigerian Insurers Association (NIA) recorded N153.10 million from data uploads in the Nigerian Insurance Industry Database (NIID) last year,  its Director-General, Mrs Yetunde Ilori has said.

    Mrs Ilori stated that interest accrued on the NIID accounts was N3.06 million while disbursement stood at N102.07 million; transfer to the association’s account, N43.40 million, while the balance at the end of the year was N79.97 million.

    He said the implementation of the NIID had transformed the motor insurance policy landscape, stressing that the NIID has become a household name among stakeholders across the federation.

    She noted that the association had continued to receive requests for integration from state government agencies seeking to sanitise their states’ motor administration.

    She said the reduction in the level of secondary enforcement by government agencies in some major states, policyholders make demand of their insurers for instant uploads, stressing that to give more power to policyholders in verifying and ensuring the genuineness of their policy, the association has introduced a USSD code *565*11#.

    Mrs Ilori said the claims module of the NIID platform had been strengthened to flag and report suspected cases of multiple insurance/claims and that these had led to early detection of cases of fraudulent claims.

    She noted that the NIID has proved to be a breakthrough in insurance business, adding that it has become a case study for some African markets.

     

  • NIA: only five million vehicles have genuine insurance

    Not more than five million vehicles out of the estimated 12 million plying Nigerian roads have genuine insurance, the Nigeria Insurers Association (NIA) has said. Its Chairman, Eddie Efekoha, said the data was obtained through the Nigeria Insurance Industry Database (NIID).

    Efekoha, who spoke at a media parley in Lagos, said the NIID has impacted positively on the operations of insurance companies.

    The number of vehicles captured, he said, fell below expectations going by the number of vehicles in the country.

    He stressed that the industry is working to capture all vehicles plying the nation’s roads and will sustain the drive.

    He said: “The association is forging ahead in the implementation of the Unstructured Supplementary Service Data (USSD) code. Discussions between the Association and Nigerian Interbank Settlement System (NIBSS), for deployment of the USSD have progressed significantly and an inter-agency publicity committee has been put together between NIA and NIBSS with a view to publicising the project to engender public support and acceptability.

    “When fully operational, the USSD code is expected to close the gap encountered in the operation of the NIID as the code will not require internet connectivity for verification of motor insurance certificates across the country.”

    On the construction of the association secretariat , he said the construction of the seven storey building will soon commence as over N500 million has been realised for the project.

    He recalled that following his election as 22nd Chairman of the association, he promised to give further impetus to the development projects initiated by his predecessor, notable amongst which is the New NIA House Project.

    He said he was delighted that the journey the association commenced about three years ago, aimed at building a befitting NIA Towers, will soon crystalised.

     

  • Buhari appoints Deputy Directors-General for NIA

    President Muhammadu Buhari on Tuesday approved the appointment of Amb. Apollonius Demenongu Agev from Benue State (North Central) and Mr. Kio Solomon Benibo  Amieyeofori  from Rivers State (South-South)  as Deputy Directors-General (DDGs) of the National Intelligence Agency (NIA).

    The Permanent Secretary in the Office of the Secretary to the Government of the Federation, Olusegun A. Adekunle, disclosed this in a statement in Abuja.

    The appointments, according to the statement, are in fulfillment of Para. 4 (1) & (2) of the relevant Instrument establishing the NIA.

    “The Director-General of the National Intelligence Agency (DGNIA) in line with the provisions of the Instrument under reference, will assign areas of responsibilities to the DDGs who will assist him in carrying out his functions as Director-General,” the statement added.

    The appointments take immediate effect.

  • NIA to NAICOM: stop claims defaulters from new businesses

    To sanitise the insurance industry and rid it of underwriters who fail to pay genuine claims to insuring public, insurance companies’ umbrella body, Nigeria Insurers Association (NIA),  has called on the regulatory body, the National Insurance Commission (NAICOM) to stop the erring firms from doing new businesses.

    NIA Chairman, Eddie Efekoha, made the call at a press briefing to announce the association’s two-year plan to build a multi-million secretariat. The association has temporarily relocated to 264, Ikorodu Road, Obanikoro, Lagos in other to pull down the old secretariat.

    Efekoha, who is also Consolidated Insurance Plc (CHI) Managing Director,  said business owners and shareholders should take actions against companies that are not performing, stressing that it is not right for any underwriter to refuse to pay a genuine claim.

    He asked if a firm that is unable to pay claim should be partake in new businesses. He asked: “Who is to take the decision against such firm? Is it the NIA, the market or the regulator?”

    He argued that before a firm’s problem becomes compounded, somebody along the line has a duty to do something. He, however, noted that the Insurance Act has not been so friendly to the regulators and  has affected them in some areas where they needed to act.

    “The Insurance Act has not been so friendly to the regulators and has affected them in some areas where they need to act. Although the Act is undergoing some amendment, it has been a bit slow. We all know that the wheel of government grinds slowly, but it will surely grind. In the same vein, the problem we are having has nothing to do with the management of NAICOM but as a country.

    “I think that the issue of merger and acquisition cannot be decreed, but the regulator can say company A,  B and C, your capital is below minimum and if you don’t address it in maybe between one to  six months, we will take the next step. The first step is to say, you are not doing business anymore until you show evidence of resolving the problem. Then if it does not happen, you take further step. If you think it is the board that is contributing to it, you ask them to have a board change. If it is management, you ask them to change the management.

    “Although insurance company licences are not renewed on yearly basis, but they submit their account and reinsurances.There are rules for this business and when they are adhered to, there cannot be failure.

    “When a company raised N3 or N2 in 2007 and it is approved and reissued licence and that company today is having problems with its capital, among others, the question is what happened over the period. Did the regulator see their account and reinsurance? Were these reinsurances paid for? If they were paid for, why were the claims not paid? So if the direct underwriter fails, did reinsurance equally fail? So, it takes all hands to be on deck for us to resolve the problem. Management and owners of business must ensure that their companies are properly managed. It is not even the regulator because they don’t own the companies,” he explained.

     

  • Senate receives report on EFCC/DSS officers’ clash

    The Senate on Wednesday received the report of its Ad hoc Committee Investigating the clash between officers of EFCC, NIA and DSS on Nov. 21, 2017.

    Chairman of the committee, Sen. Francis Alimikhena, laid the report before the lawmakers during plenary.

    Sen. Fatima Rasaki seconded the motion for the report to be laid.

    The Senate had in November. 2017, set up the committee to investigate the showdown between officials of the Department of State Services ( DSS ) and the Economic and Financial Crimes Commission ( EFCC ) in Abuja.

    The face-off was said to have stemmed from EFCC’s attempted arrest of former directors- general of DSS, Ita Ekpeyong and NIA, Ayodele Oke.

    “The EFCC went to the residence of the former DG of DSS, Mr Ita Ekpeyong, to effect his arrest and the men of the DSS stopped the attempt.”

    Alimikhena, however, told our correspondent that the report had been laid and was awaiting the day for the consideration of the report before he could pass any comment.

    NAN

  • We will recover NIA’s $202m – Magu

    We will recover NIA’s $202m – Magu

    The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, said on Wednesday the Commission is determined to recover the balance of $202 million from the total sum of $289 million that is allegedly missing from the coffers of the National Intelligence Agency (NIA).

    Magu spoke with journalists after meeting with members of the House of Representatives’ Committee on National Security and Intelligence on the ongoing efforts to recover the security intervention fund allocated to the NIA

    He said: “As you can see everybody is supporting us and we need the support of everybody to succeed.

    “As far as this investigation is concerned, we are very much on course and very soon we shall recover the money.”

    The EFCC chairman said he was undaunted by his non- confirmation by the Senate after serving for two years in acting capacity.

    “No problem. With or without challenges, we are unrelenting. You don’t expect the investigation to go on smoothly.”

    “I said we are unrelenting. Everyday you wake up and face all manners of adversaries, but what we need is the support of all Nigerians in the fight against corruption,” he added.

    The Chairman, House Committee on National Security and Intelligence, Abdulsammad Jaji, told journalists that the $202 million is yet to be recovered.

    He said: “Even the acting Chairman of EFCC said the same that the $202 million or whatever remains unaccounted for.

    “And I know he remains committed and resolute to see that they recover the $202 million or whatever. As a committee, we are going our best.”

     

     

     

  • NIA: Much ado about appointment

    In the last couple of weeks, one of the issues that have caught national attention is the recent appointment of Ahmed Rufai Abubakar as Director General of the National Intelligence Agency (NIA). Prior to his recent appointment, Abubakar had worked in the presidency as senior Special Assistant to President Muhammadu Buhari on Foreign Affairs/International Relations.

    May be because of the nature of his assignment, he was a face that worked behind the scene as one of those tackling issues connected with Boko Haram insurgency and other security challenges.  His latest assignment therefore is a major one, given the fact that President Buhari has promised among others to defeat Boko Haram which until recently has held Nigeria by the jugular.

    Back to the appointment of Abubakar. One would have thought that his appointment by President Buhari would have received thumbs up even among government’s critics.

    The question then is: Did Buhari make a mistake by appointing his aide on foreign affairs and international relations to replace Ayo Oke who was sacked as NIA DG?

    Till date, nobody has faulted the legality/ constitutionality of the action of the president in appointing the new DG. All that we have been inundated with on the social media and the mainstream media are allegations that have been rather personal and unsubstantiated.

    Some of Abubakar’s critics claim he holds dual citizenship, schooled in Chad and married to a Moroccan.

    Questions have also been raised about his suitability for the job, having allegedly retired as an Assistant Director who also failed career exams twice.

    An Abuja-based lawyer was even on Channels Television recently where he raised the aforementioned issues with all the energy at his disposal.

    However, when the anchor of the programme asked him to substantiate his claims, he claimed to have gotten his facts from the social media! Curiously, the lawyer and others who have been peddling these rumours have not approached the courts over an otherwise constitutional issue.

    Though one is at a loss on why the man in question has not dignified his traducers with a response, his position as an intelligence officer may be a major challenge, as was the case when Chief Justice of Nigeria, Justice Walter Onoghen was to be elevated to his present position.

    Meanwhile, there has been no information about the Chadian passports of Mr. and Mrs. Abubakar to link them to Chad or any other nationality that may well expose them.

    Though President Buhari may not be perfect, there is no debating the fact whatever success that has been recorded in the fight against insurgency is a collaborative effort among the intelligence community. It will therefore not be out of place for the President to appoint somebody who has distinguished himself within the fold to a higher office.

    Abubakar in particular has worked with the president and he must have seen something that many of us do not see for him to have appointed him NIA-DG.

    Even at that, Abubakar parades impeccable credentials and has had a distinguished career in the Foreign Service where he rose to the level of a Deputy Director. Before his appointment as SSA by President Buhari, he was the Senior Political Adviser at the Multinational Joint Task Force (MNJTF) a regional initiative coalition of countries of the Lake Chad Basin, deployed to fight Boko Haram in Chad. He was also Director, Political Affairs at the United Nations Office for West Africa (UNOWA) in Dakar, where he directed and coordinated technical support for Special Representative of the Secretary General for West Africa, SRSGWA in spearheading UN’s efforts in the countries of West Africa and Mauritania.

    As an aide to President Buhari on Foreign/International Relations, he provided technical support to the chief of staff to the president on issues related to foreign policy and international relations.

    On the subject matter, Femi Adesina, Special Adviser to the President on Media and Publicity was categorical. Hear him:  “A lot of half-truths, misinformation, and outright falsehood have attended the announcement of a new NIA Director General. Some of such unfounded stories include that Abubakar retired from the services of NIA as an Assistant Director because he failed promotions examinations twice and had to quit, willy-nilly. Others claim he is married to a Moroccan and so, cannot hold such sensitive security position while others say he was born and bred in Chad, and he holds dual nationality. All these have been widely disseminated on the social, and some mainstream media.

    “The new NIA DG retired from the Foreign Service as deputy director (not assistant director) and three times during his career, won merit awards for competence and meritorious service. Failing promotion examination can only exist in the fecund minds of fiction writers.

    “His last position before the new appointment was as senior special assistant to the President on Foreign Affairs/International Affairs where, again, he quietly proved himself.

    “Abubakar parents hailed from Kastina State and had settled in Chad at a point in their lifetime. The new DG did his primary school in Ndjamena (then Fort-Lamy), but returned to Nigeria for his secondary and university education. He never, at any time, held Chadian nationality.

    “Mr. Abubakar’s only wife hailed from Kastina State, indeed, from the same community as the husband. The story of being married to a Moroccan can only be tale by moonlight, concocted by people who love a fib.

    “The president appointed the new DG because he had worked closely with him in the past two years and sincerely believes that he would add value to the NIA,” the presidential spokesman said.

    Coming from Adesina, a man that speaks the mind of the president, one can safely say that the controversy over the issue at hand has definitely been laid to rest. The onus now lies on Nigerians to give the new NIA DG all the support needed to succeed in his new assignment. Abubakar definitely has a rich repertoire of experience. The best we can do is to give him the necessary backing at this critical period of our national history.

     

    • Ejokparoghene, a political activist, writes from Warri, Delta State.
  • New NIA boss capable, not married to a Moroccan -Presidency

    New NIA boss capable, not married to a Moroccan -Presidency

    The Presidency has faulted claims that the new National Intelligence Agency (NIA) Directtor General, Ahmed Rufai Abubakar, is not suitable for the position.

    There have been claims that he retired from the services of NIA as an Assistant Director, because he failed promotion examinations twice.

    The Special Adviser to the President on Media and Publicity, Femi Adesina in a statement also denied claims that the new NIA DG was married to a Moroccan.

    According to the statement, the President appointed Abubakar because he had worked closely with him in the past two years.

    “A lot of half-truths, misinformation, and outright falsehood have attended the announcement of a new Director-General for the National Intelligence Agency (NIA), in the person of Mr Ahmed Rufai Abubakar”

    “Some of such unfounded stories include that Abubakar had retired from the services of NIA as an Assistant Director, because he failed promotion examinations twice, and had to quit, willy-nilly. Others claim he is married to a Moroccan, and so cannot hold such sensitive security position, while others say he was born and bred in Chad, and he holds dual nationality. All these have been widely disseminated on the social, and some mainstream media. With the formal assumption of office by Mr Abubakar, it is now necessary to set the facts straight”.

    “The new NIA DG retired from Foreign Service as Deputy Director (not Assistant Director) and three times during his career, had won Merit Award for competence and meritorious service. Failing promotion examination can only exist in the fecund minds of fiction writers. His last position before the new appointment was as Senior Special Assistant to the President on Foreign Affairs/International Affairs where again he quietly proved himself”.

    Abubakar’s parents hailed from Katsina State, and had settled in Chad at a point in their lifetime. The new DG did his primary school in Ndjamena (then Fort-Lamy), but returned to Nigeria for his secondary and University education. He never at any time held Chadian nationality.

    “Mr Abubakar’s only wife hails from Katsina State, indeed, from the same community as the husband. The story of being married to a Moroccan can only be tale by moonlight, concocted by people who love a fib”.

    “The President appointed the new DG because he had worked closely with him in the past two years, and sincerely believes that he would add value to the NIA”.

  • ‘Senate won’t dabble in appointment of new DG, NIA’

    ‘Senate won’t dabble in appointment of new DG, NIA’

    Those expecting the Senate to dabble in the appointment of a Director General for the National Intelligence Agency (NIA), Ahmed Rufai Abubakar may be disappointed after all.

    Many had expressed surprise at Abubakar’s appointment last week.

    Some concerned citizens and groups had written to the Security and Intelligence committees of the Senate and House of Representatives, demanding a scrutiny of the appointee.

    A member of the Senate Committee on Security and Intelligence confirmed that the committee received submissions from interested groups and the public on the matter.

    The senator, who did not want his name in print, confided in our correspondent yesterday that some sensitive issues were raised in some of the submissions.

    According to him, owing to the sensitive and security nature of the observations raised, the committee may advise the Senate on how to go about discussing some grey areas with the executive arm.

    The senator said: “Some of the submissions indicated that due diligence was not conducted on the appointee before the appointment was announced, particularly as relate to antecedents and marriage relationship of the new DG.

    “As a matter of fact, career progression and promotion issues from the parent body, the Foreign Affairs Ministry where the appointee last served, did not receive proper attention from the appointing authority.

    “However, the Senate would not want to be seen as dabbling in security and intelligence related appointments, although we feel strongly that the appointment failed to meet certain thresholds”.

    The lawmaker acknowledged that “genuine concerns” were raised in some of the submissions, stressing that if not addressed, such issues could constitute hindrances to smooth operations of the NIA.

    “For instance, the officer who was acting in that position still has up till September before his retirement date. We feel that the reasonable thing to do is to allow him hold forth till his retirement date before replacing him.

    “A few of the submissions we received spoke highly about the honesty and integrity of the immediate Acting DG, particularly his long standing record of dedication to duties over the years.”

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

  • Reps to investigate NIA DG’s appointment, $44m cash disappearance

    Reps to investigate NIA DG’s appointment, $44m cash disappearance

    The  propriety of the appointment of the Director General ( DG ) of the National Intelligence Agency  (NIA), Rufai Abubakar by President Muhammadu Buhari is to be investigated by the House of Representatives, it emerged yesterday.
    Abubakar is also to be investigated over the alleged disappearance of $44m cash from the agency’s vault barely two days after his asumption of office as DG.
    House Committee on National Security and Intelligence was given two weeks to carry out the assignment.
    This followed the submision of Diri Douye (PDP, Bayelsa) in a motion of urgent national importance when he expressed concern that the country is yet to recover from the shock of the Ikoyigate safe house scandal involving $43.4m, N23.2m and £27,800, the report of which is yet to be made public before being hit with the latest cash disappearance.
    “It is disturbing that the issues of the controversy over the appointment and the cash scandals paints a poor picture of our national security and diminishes the reputation of the agency in the eyes of the Nigerian public and the International community,” she said.
    The motion was adopted after it was put to a voice vote by Speaker Yakubu Dogara.