• Wednesday, July 17, 2024
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ECOWAS Brown Card Insurance Scheme strengthens regional consumer protection

ECOWAS Brown Card Insurance Scheme strengthens regional consumer protection

The Nigerian National Bureau, in collaboration with the Economic Community of West African States (ECOWAS), has announced the celebration of the 42nd Anniversary of the ECOWAS Brown Card Insurance Scheme, identifying stronger integration.

Raphael Abiiba, secretary general/CEO, Nigerian National Bureau, ECOWAS Brown Card Insurance Scheme, said this significant milestone marks over four decades of successful implementation and operation of the scheme and its contributions to regional cooperation and integration.

Since its inception on May 29 1982, the ECOWAS Brown Card Insurance Scheme has played a crucial role in facilitating the movement of persons and goods across the ECOWAS member states.

The scheme provides compensation to road accident victims for bodily injury, death, and material damage within the ECOWAS region. This initiative has provided individuals and businesses with essential protection and peace of mind while promoting the free movement of goods and services within the region.

According to Kunle Ahmed, the chairman of the Board of Directors/Management Committee, the Nigerian National Bureau has been at the forefront of ensuring the smooth functioning and efficient administration of the ECOWAS Brown Card Insurance Scheme.

He noted that the unwavering commitment and tireless efforts of the board and dedicated management team have contributed to the impressive growth of the scheme over the years.

He explained that the ECOWAS Brown Card Insurance Scheme has not only fostered economic development, it has also strengthened regional solidarity and cooperation among member states, noting that it continues to promote cross-border trade and facilitates the movement of people while creating opportunities for businesses to thrive and individuals to explore new horizons.

He said, “As we celebrate this momentous occasion, the Nigerian National Bureau reiterates its commitment to further enhancing the ECOWAS Brown Card Insurance Scheme. Through continuous innovation and collaboration with stakeholders, we aim to address emerging challenges and provide even better services to our esteemed policyholders.

“On behalf of the board and the entire management team, we extend our heartfelt gratitude to all stakeholders, including member states, insurance companies, policyholders, and partners, for their unwavering support and trust throughout the journey.

“As we look ahead to the future, the Nigerian National Bureau remains steadfast in its mission to strengthen regional integration, promote economic growth, and ensure the welfare and protection of all individuals and businesses within the ECOWAS region”, he concluded.