House Committee on Insurance, stakeholders meet to strengthen NDIC’s mandate for economic stability (Photos)

By Chioma Obinagwam

The Chairman, House Committee on Insurance and Actuarial Matters, Hon. Ahmadu Jaha and stakeholders in the insurance and actuarial sector met in Lagos for a workshop aimed to strengthen the Nigerian Deposit Insurance Corporation’s (NDIC) mandate on ensuring economic stability.

Confiance News gathered that the workshop, which had the theme, “Navigating Financial Disruptions: Strengthening the NDIC’s Mandate for Economic Stability,” aimed to reinforce the NDIC’s legal and operational framework to better protect depositors and ensure the stability of Nigeria’s financial system.

Honourable members of the House Committee on Insurance and Actuarial Matters and Executive Management of the Nigeria Deposit Insurance Corporation (NDIC) in a group photo at the 2025 Stakeholders Workshop of the House Committee with the theme “Navigating Financial Disruptions: Strengthening the NDIC’s Mandate for Economic Stability” held in Lagos. Photo credit: NDIC. Source: X.

It also discussed ways of aligning the NDIC’s policies with global best practices, such as those outlined by the International Association of Deposit Insurers (IADI).

Confiance News took a tour to the official X handle of NDIC and curated photos of the event.

From L-R: Chairman, House Committee on Insurance and Actuarial Matters, Hon Ahmadu Usman Jaha (middle) and MD/CE Nigeria Deposit Insurance Corporation, Mr Bello Hassan (2nd Left) pose for a photo with Hon Rasheed Abdullahi (1st Left) Hon. James Barka and NDIC Executive Director, Operations Mustapha M. Ibrahim (2nd and 1st Right) at the 2025 Stakeholders Workshop of the House Committee On Insurance and Actuarial Matters with the Nigeria Deposit Insurance Corporation held in Lagos. Photo credit: NDIC. Source: X.

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