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12 states to adopt insurance into secondary schools curriculum

By Abdul Olalekan

No fewer than 12 states of the federation have started the process that would lead to adopting insurance as a subject into secondary schools curriculum, Business 247 has learnt.

This was made possible through an insurance advocacy programme embarked upon by the Chartered Insurance Institute of Nigeria (CIIN), an educational arm of insurance industry, whereby, it is persuading states governments through their Ministry of Education, to include and implement where it exists, the teaching of insurance in schools.

Before now, only few secondary schools offer insurance subject, while the number of students doing the subject in WAEC and NECO is abysmally low.

With this development, it is expected that students are better informed on insurance and can now chose it as a career, which will boost insurance education and acceptability.

Confirming this development at a media parley in Lagos to announce his imminent retirement, the Outgoing Director General of CIIN, Mr. Kola Ahmed, said: “As regards our insurance advocacy programme, we have reached out to students in secondary schools. We have done this in 12 states and each state we went, we have given the schools in those states free insurance textbooks.”

Stating that CIIN, during the visits to the Governors of the 12 states, met with their commissioners of education, including the principals of secondary schools in the benefiting states, noted that these stakeholders assured the institute of their cooperation, promising that his successor, Mr. Olutayo Borokini, who was the former Group Managing Director, Royal Exchange Plc, will reach out to more states in a bid to promote insurance subject in secondary schools nationwide.

According to him, “We still have the Training the Trainers. After donating the books, we still gathered some teachers and trained them on how to use this book and to impact insurance knowledge on the students, who are the future of insurance industry.”

While giving account of his stewardship, Ahmed said, under his regime, there was renewed advocacy on the promotion of insurance education in Nigeria through publication and free distribution of the ‘Insurance Textbook for Secondary Schools’ to some States in the federation, donation of the Institute’s course books to all tertiary institutions offering insurance as a course of study and donation of IT equipments to and furnishing of study centres of three fully CIIN accredited tertiary institutions.

The Director-General, who will be retiring by Wednesday, July 20, 2016, called on insurance operators to unite in moving the insurance industry forward, whilst also calling for more support for the institute.

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