The immediate past Commissioner for Insurance and chief executive officer of the National Insurance Commission (NAICOM), Olorundare Sunday Thomas, Monday, urged the management of the Federal University, Lokoja, to expand courses that will create room for self employment as well as engendering entrepreneurship.
Thomas gave the advice at the main campus of the university in Felele, Lokoja, Kogi state while presenting the 7th Distinguished Public Lecture series of the Federal University Lokoja (FUL) tagged: “Insurance Solution in Wealth Creation and Sustainability.”
He said it was high time for the Vice Chancellor of the institution, Professor Olayemi Akinwumi, who has interest for development, to start looking at insurance and actuarial science as part of the courses of learning in the university.
He said the subjects which are business oriented, if considered for accreditation and made elective for other disciplines will enable independence of the students post graduation.
While commending the leadership of the vice chancellor for experiencing enormous increase in the asset base of the university, the insurance expert advised the management of the institution to considered the insurances of all the assets in order to free funds for other developments in the fast growing citadel of learning.
Speaking on the significant of Insurance planning, the former commissioner for insurance pointed out that it enables budgeting for the unexpected, adding that once people provide for the appropriate premium, they will be indirectly providing for the unexpected.
