The Nigerian Insurers Association (NIA) has extended its condolences to all individuals, families, and businesses affected by the tragic fire incidents that occurred at the Afriland Towers and Emab PLaza in Lagos on Tuesday, 16 September 2025.
“We deeply mourn the loss of lives and property and stand in solidarity with those who are grieving and rebuilding in the aftermath of this unfortunate event. Our thoughts are with you during this difficult time.”
As the umbrella body for insurance and reinsurance companies in Nigeria, NIA assured all parties concerned, that it has identified member companies who provide insurance covers for the affected buildings, promising that losses covered under valid insurance policies will be duly compensated by the respective insurance companies.
Chairman of NIA, Kunle Ahmed, noted that the insurance industry remains committed to upholding its promise of protection and financial recovery in times of crisis.
Ahmed encouraged members of the public and business owners to embrace insurance as a vital tool for risk management and resilience, stating that the importance of being insured cannot be overstated, especially in a world where unforeseen events can have far-reaching consequences.