The law requires insurance cover for assets, public officers and properties of government institutions, but the insurance policy covering the legislature as at today has been bankrolled due to huge debts.
Speaking with DAILY POST on Wednesday for further clarification, a Deputy Director in Finance and Accounts who pleaded not to be named told DAILY POST that the development was unimaginable given the fact that it was mandatory to insure government properties against fire and other hazards.“Unfortunately, the National Assembly is presently owing Insurance Service Providers in terms of premium on vehicles, fixed assets and life policy.
Speaking on the challenge of raising the insurance, he said, there was need for adequate budgetary provisions.“In the light of the foregoing, it is requested that adequate budgetary provisions should be made to cater for group scheme for all Public Servants in the National Assembly as well as all insurable assets buildings, motor vehicles, machinery and equipment.
Meanwhile, the sum of N37 billion was appropriated in 2020 budget for the renovation of the ‘White House’ part of the building that accommodates the chambers of both Senate and the House of Representatives.
Every structure of Nigeria is Islamic symbols and I wonder why people can see
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