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Disasters: Obiano urges businessmen to embrace insurance

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Obiano advised businessmen in Anambra to consider positively investing in insurance as a sure way of alleviating concerns of potential disasters

Anambra state Governor Willie Obiano has advised traders and other business executives in the State to consider positively investing in Insurance as a sure way of alleviating concerns of potential bankruptcy due to negative eventualities. 

The governor gave the advice during the State Fire and Safety Summit held at the Prof Dora Akunyili Women Development Center, Awka today.

The Summit was organized by the State’s Emergency Management Agency, SEMA, in collaboration with the Institute of Safety Professionals of Nigeria, ISPON.

It attracted participants including traditional rulers, traders/business executives, Officials of SEMA and other stakeholders in issues of safety in the state. 

It featured paper presentations on:

1. Effective Fire Safety Management; 

2. Flood and Erosion Control; 

3. Prevention, Construction Safety and,

4. Building Collapse and Risk Mitigation and Insurance, amongst others.

This was noted in a media release by the aide, Kingsley Ezekwelu, while declaring the summit open.

Gov Obiano said his administration has so far through its security initiative and welfarist programmes, kept faith with its first function of protecting the lives and property of Ndi Anambra.  

He noted that Ndi Anambra being predominantly traders, were worst hit by the present economic recession and hike in the price of dollar.

He added that if they invest in Insurance, it will help reduce the people’s heavy dependence on government for respite when faced with challenges. 

He explained that the consistent payment of workers’ salaries which his administration has achieved in the state had ensured that the local economy remained vibrant despite the present general economic hardship in the country.

Meanwhile, the Agricultural Sector has been revolutionized to effectively play its key role as a major foreign exchange earner for the state. 

The governor commended ISPON for the initiative.

He expressed the hope that the Summit will help equip critical stakeholders on better ways to handle emergencies of various kinds and assured that his government will support them.

In a keynote address, the President, ISPON,  Dr Nnamdi Iloduba recalled that the state had in the recent past witnessed numerous incidents of safety concern.

Most of them have inflicted heavy losses on the citizenry.

He pointed out that the way forward was to intensify the people’s preparedness for emergencies by bringing about a change in their knowledge and attitude towards safety issues. 

He identified flood and erosion as key ecological challenges facing the state.

He also noted that the Summit was expected to place the issues on the front burner of government’s programmes with a view to galvanising the necessary support towards addressing the challenges. 

In his remarks, the Executive Secretary of SEMA, Chief Paul Odenigbo explained that the Summit initiative was consistent with the Agency’s paradigm shift.

The shift, according to him, is from disaster risk management to disaster risk reduction.

He added that under the new initiative, the Agency was engaging all relevant stakeholders to ensure that meaningful result was achieved. 

From Chuks Collins, Awka

 

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