NAICOM Launches Revised Insurance Regulation For Leased Aircraft
Image Credit: leadership- NAICOM unveiled a revised insurance regulation for leased and financed aircraft to boost Nigeria’s aviation and insurance sectors.
- The policy aims to improve investor confidence, align local practices with global standards, and facilitate aviation growth.
- The reform involved broad consultations and seeks to liberalize insurance conditions and expand local insurers’ capacity.
- Minister Festus Keyamo praised the initiative, emphasizing its role in making Nigeria an aviation investment hub in Africa.
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