“I do not know the state of the bill. I know that I was sent a draft for my comment some months ago. I did not comment because this matter has dragged on for years. I recollect that I was one of those co-opted into the Committee that revised the Insurance Act, 2003. It was a thorough exercise under the chairmanship of Professor Joe Irukwu. This was around 2009. I am not sure of the exact year. That we should still be dealing with the same matter in 2021 leaves a lot to be desired. The potential of the Insurance Industry to drive the economy has not been fully explored. It is sad.”

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About Chioma Agomo

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