BPP DG mandates Nigerian-assembled vehicles for government insurance
BPP Director-General Adebowale Adedokun ordered insurance companies to cover only Nigerian-assembled government vehicles, aligning with President Tinubu's 'Nigeria First' policy. The directive, signed with NAICOM, aims to strengthen the insurance sector and ensure compliance with ethical practices. A joint working group will standardize procurement requirements and address gaps in insurance coverage. This follows BPP's N1.1 trillion savings from procurement reforms and faster contract approvals. Insurers must comply with good governance standards or face sanctions.