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Nigeria Agricultural Insurance Corporation is an agency of the Federal Republic of Nigeria under the Federal Ministry of Agriculture, and the sole insurance company set up specifically to provide agricultural risk insurance cover to Nigerian farmers. It operates under the leadership of Folashade Joseph, who serves as the current Director-General.
The NDIC is parastatal under the Nigerian Ministry of Finance. The corporation is charged with protecting the banking system from instability occasioned by runs and loss of depositors' confidence. [2] It operates under the Nigeria Deposit Insurance Corporation Act (1990). [3] The NDIC is a member of the Financial Reporting Council of Nigeria. [4]
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Nigeria Deposit Insurance Corporation (NDIC) Nigeria Investment Promotion Commission (NIPC) Nigerian Export - Import Bank (NEXIM Bank) Nigerian Export Promotion Council (NEPC) Oil and Gas Free Zones Authority (OGFZA) Nigeria Export Processing Zones Authority (NEPZA) Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)
The Insurers Committee is a body consisting of the National Insurance Commission (NAICOM) and chief executive officers of all underwriting Insurance companies in Nigeria. [1] [2] The Committee operates under a mandate to activate the industry's change agenda, and strategically reposition the Insurance industry. [3]
National Judicial Council (Nigeria) National Judicial Institute (Nigeria) National Senior Citizens Act, 2018; Nigerian Bar Association; Nigerian Body of Benchers; Nigerian Courts of Appeal; Nigerian passport
Following the spirit of the new law, the government acquired interest in major expatriate led banks within the country including First Bank of Nigeria and Union Bank of Nigeria and mandated a compulsory percentage of loans be made to Nigerians. The government also acquired interest in the insurance and oil and gas sectors.
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