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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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NAICOM liquidates Niger Insurance and Standard Alliance.


By Akinola Ajibade


Operation of the Niger Insurance and Standard Assurance, would henceforth be under the control of  two receivers namely Mesrs Sanya Okunkuade and Kehinde Aina respectively.
Their appointment follows the decision by the 
National Insurance Commission ( NAICOM) to liquidate the two composite insurers recently, over industry matters.
NAICOM, in a statement, said that it has appointed receivers to oversee the liquidation of two firms, since it has withdrawn their operational certificates..
NAICOM, in a statement signed by its Head of Corporate Communications and Market Development, Razak Salami, assured stakeholders of the safety and protection of their interest.
The statement reads: “This is to notify all insurance stakeholders and members of the public that the Insurance Regulators- National Insurance Commission, NAICOM has cancelled the certificates of registration of Standard Alliance Insurance Plc, RIC – 091 and Niger Insurance Plc, RIC – 029 with effect from the 21st day of June, 2022.

“Consequently, the Commission has appointed Sanya, Ogunkuade Esq of Plot 217, Upper Grace Plaza, 3rd Floor (Left Wing), Shetima Munguno Crescent, Behind Julius Berger Equipment Yard, Utako, Abuja as the Receiver/Liquidator for Niger Insurance Plc and, Kehinde Aina Esq of Aina Blankson LP, 5/7, Ademola Street, SW Ikoyi, Lagos as the Receiver/Liquidator for Standard Alliance Insurance Plc.

“All stakeholders are advised to forward their enquiries to the respective Receiver/Liquidator for each company for their necessary action

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