The Chartered Insurance Institute of Nigeria (CIIN) has distributed more than 12, 000 insurance textbooks to senior secondary schools across the six geo-political zones of the country through the various ministries of education and directly to such schools.

Sir Muftau Oyegunle, the President/Chairman of Council of the CIIN, said in Lagos that all tertiary institutions offering insurance in Nigeria, Cameroon and The Gambia also received two sets of CIIN course books to support and encourage the student members of the Institute to take their professional examinations.

“We have domesticated all our insurance textbooks but we still maintain a very healthy relationship with the Insurance Institute of London because insurance is a global business.”

On the importance of insurance to the national economy, Oyegunle said: “Insurance helps the economy to grow. It is a business that builds national wealth. A business that helps people to beat poverty. Insurance is in the interest of our future. It is our collective responsibility to take insurance to the level of higher percentage of penetration like what obtains in other countries.”