Reps Worried Over Low Revenue From Insurance Sector

The House of Representatives Committee on Insurance and Actuarial Matters has expressed concern over the low Internally Generated Revenue (IGR) of the insurance sector to the development of the economy of the country.

Chairman of the Committee, Hon Ahmadu Jaha, said this during a budget defence and interactive session with Nigeria Deposit Insurance Corporation (NDIC) and National Insurance Commission (NAICOM) on Tuesday in Abuja.