The leadership of the National Insurance Commission (NAICOM) and the National Space Research and Development Agency (NASRDA) have entered a strategic partnership aimed at leveraging geospatial data and satellite technology to expand insurance access, strengthen enforcement, and enhance risk management across Nigeria’s insurance ecosystem.
The collaboration, agreed during a high‑level engagement between both institutions in Abuja, seeks to deploy space‑based intelligence and data‑driven solutions to support national economic resilience, financial inclusion, and sustainable development.
Speaking during the meeting which was a visit to NAICOM, the Director-General of NASRDA, Dr. Matthew Olumide Adepoju, explained that the partnership would harness NASRDA’s geospatial and satellite capabilities to generate accurate, evidence‑based datasets.
On his part, Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr. Olusegun Ayo Omosehin, emphasized that the initiative aligns strongly with NAICOM’s strategic transformation agenda and its commitment to swift, results‑oriented reforms.
