The Nigeria Police Force (NPF) has announced that it will enforce a third-party insurance for vehicle owners beginning from February 1, 2025.
In a statement issued by the Police Public Relations Officer, ACP Olumuyiwa Adejobi, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun disclosed this when he hosted the Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin and his team on Friday.
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).
The team also include Mr. Ajibola Bankole, Director (Inspectorate); Mr. Taiwo Babatola Adeoye, Special Assistant to the Commissioner for Insurance; and other members of NAICOM.
In his remarks, IGP Egbetokun 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 noted 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 the laws, as violations are punishable by imprisonment, fines, or both.
On his part, the Commissioner congratulated the IGP on his significant achievements, particularly the establishment of the Police Insurance Bank Limited.
Olusegun emphasised the need for the police’s assistance in ensuring public compliance with insurance laws.
He also requested the NPF’s support in the nationwide enforcement of compulsory third-party insurance, which provides substantial benefits to all road users.
“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.
