The Nigeria Deposit Insurance Corporation (NDIC) and the House Committee on Insurance and Actuarial Matters have strengthened their partnership to promote economic stability in Nigeria. This collaboration was evident at the 2025 Stakeholders Workshop held in Lagos, themed “Navigating Financial Disruptions: Strengthening the NDIC’s Mandate for Economic Stability.
The workshop brought together key stakeholders to discuss strategies for navigating financial disruptions and enhancing the NDIC’s mandate. By fostering dialogue and cooperation, the NDIC and the House Committee aim to
– *Strengthen Economic Stability*: Enhance the NDIC’s role in maintaining financial stability and promoting economic growth.
*Navigate Financial Disruptions*: Develop strategies to mitigate the impact of financial disruptions on the economy.
*Promote Collaboration*: Foster partnerships between regulatory agencies, government institutions, and industry stakeholders.
The workshop featured prominent figures, including Hon. Ahmadu Usman Jaha, Chairman of the House Committee on Insurance and Actuarial Matters, and Mr. Bello Hassan, MD/CE of the NDIC. Other notable attendees included Hon. Rasheed Abdullahi, Hon. James Barka, and NDIC Executive Director, Operations, Mustapha M. Ibrahim. Discussions are centred on the importance of collaboration in addressing financial challenges and promoting economic stability.
The partnership between the NDIC and the House Committee on Insurance and Actuarial Matters demonstrates their commitment to economic stability and growth. By working together, they can develop effective strategies to navigate financial disruptions and promote a stable economy. This collaboration is crucial in today’s fast-changing financial landscape, where adaptability and cooperation are key to success.