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Read More »Oil tankers, filling stations owners face imprisonment over new insurance act 2025
[ad_1] The Nigerian Insurance Industry Reform Act (NIIRA), 2025, mandates that all oil tankers and gas/petroleum refilling stations be insured for third-party damages Anyone found in violation of this law faces a fine of at least N1,000,000 or a minimum of two years in prison, or both The Act also …
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