NEWS
Insurance Act Amendment scaled second reading in the Senate
Insurance Act amendment Bill, sponsored by Senator Ibikunle Amosun representing Ogun Central Senatorial district, scaled second reading in the Senate at Wednesday’s debate.
The Insurance Act, 2003 (amendment bill) which was first read on Tuesday, 24th November, 2020, seeks to set a minimum limit of compensation in event of loss suffered by the insured.
In his lead debate, the former governor of Ogun State argued that there have been casualties which were not the fault of the insured, but the victims were left without compensation, noting that the essence of amendment was meant to compel insurance companies in Nigeria to have minimal standard of compensation to victims.
“The general principles of a Bill for an Act to amend the Insurance Act, 2003, is to set a minimum limit of compensation in the event of death, injury or loss of property of third parties, with respect to insurance of public buildings and buildings under construction and for related matters, 2021,” he said.
The lawmaker expressed concern on incessant collapse of buildings in Nigeria, noting that the amendment would ensure compensation.
“The need for the amendment of this Bill was necessitated by the prevalence of collapsed buildings in many Nigerian cities which has led to unquantifiable loss of lives and property, as well as permanent disability.
“There has been an increase in the cases of collapsed buildings in the country, most especially in the last 10 years.
“These cases and several others too numerous to mention are considered as some of the worst incidences of collapsed buildings in Nigeria, in recent times. The need to checkmate these rising cases prompted the urgent need to amend the insurance Act,” he added.
Contributing, Senator Bala Ibn’Nallah faulted some provisions in the proposed amendment, saying they were at variance with the existing laws.
He, however, advised that the differences be sorted out at the public hearing in order to make the amended Insurance law effective.
“Where the proposal talked about compensation for public building collapse, I am not comfortable with it, because our responsibility is first to ensure that buildings don’t collapse and not to talk of compensation.
“I hope that aspect and others would be handled at the Committee level, Mr. President,” he noted.
Earlier, while citing several cases of building collapse across the country, Amosun advocated for serious penalties for those responsible for building collapse in the proposal.
After contributions by some Senators, Senate President, Dr. Ahmad Ibrahim Lawan referred it to the Senate Committee on Insurance, Banking and Financial Discipline. They are to revert back in four weeks time.
ENTERTAINMENT
Lady reveals how her Estate people beat up man who faked seizure to collect money
A woman has disclosed how a man was attacked by the people living in her estate after he faked a seizure to get money from them.
Read also: “His father’s carbon copy” – Fans react as new video of Mohbad’s son pops up online
The woman detailed the incident in detail on her Twitter feed, @TheNonye, where she shared this.
She claimed that the man had come to the estate the day before, acting out a seizure and even foaming at the mouth to make it seem real.
When the estate’s residents saw this, they made an effort to assist; one woman even called her brother, a doctor, to ask for help.
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The man told them he was suffering from an ulcer and that he could no longer afford his medications, so they gave him some money so he could buy medication and food.
But an Estate worker discovered a video of the same man who was apprehended for staging a seizure.
Nevertheless, the man came back the following day in an attempt to get the remaining sum of money they had promised to pay him.
Now that they knew about his deception, the inhabitants beat him to barely an inch of his life.
See the video below:
Final update: He came back for the remaining money and they’ve beaten his life lmaoo. The whole estate have carried him 😭😭 https://t.co/q7hFfZAqzh pic.twitter.com/qBWAaCP6Sc
— Nonye Billions (@TheNonye) November 14, 2023
ENTERTAINMENT
“Why men need side chics” – Preacher reveals, netizens react
Nigerian preacher has mentioned the four important reasons why a man needs a side chick
The pastor explained in an Instagram video that, despite what is commonly believed, men need women by their sides in addition to their marriages.
He disclosed the four key reasons for side chicks’ importance.
The first explanation offered by the pastor was stupidity. He said that having side chicks is the finest way for a man to look dumb.
In response to a question about why guys are still searching for Coke after they have one, he pointed out that Coke in a bottle, can, or plastic is still Coke.
He identified premature death as the second reason why males require a side chick.
According to the preacher, a guy who wishes to pass away too soon must overwork his heart and stuff his body with unnecessary items.
He mentioned shame and embarrassment as additional reasons. A man who enjoys dishonor and shame, according to him, needs a side chick because that’s what he will eventually get.
According to him, a man should only require a side chick if he enjoys difficulty and turmoil.
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Reacting,
womeninporthacourt wrote: “This man is a national treasure. Protect him at all cost”
adeoluolatomide said: “While I understand you, sir… I prefer to have Coca-Cola in a bottle… I love it. 😂😂😂”
wallpaperplace reacted: “Listen to him before commenting! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣”
mizkimorahprecious wrote: “Y’all listen before commenting! Na like this una take pass exams? Wisdom sir….make we buy azul for u 😂”
Watch the video below:
ENTERTAINMENT
Tope Maggie, Ogbomoso-based Chef, set to dethrone Irish chef, Alan Fisher as he begins 200-hour cook-a-thon
Tope Maggie, an Ogbomoso-born Nigerian chef, is presently attempting to outdo Irish chef Alan Fisher in a 200-hour cooking marathon competition.
Read also: “God has been so good to me” – Uriel Oputa says as she promises to giveaway two wigs
This challenge comes after Alan Fisher recently beat Nigerian chef Hilda Baci to become the record holder for the longest cooking record at the Guinness World Records.
After an astounding 119 hours and 57 minutes, Alan Fisher was formally crowned the new record holder for the longest cooking marathon (person) by Guinness World Records.
This beat the previous best set by Hilda Baci, a Nigerian chef.
With a time of 47 hours and 21 minutes, Fisher also won the title of longest baking marathon (individual), breaking the previous record held by Wendy Sandner of the USA.
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In an attempt to beat Alan Fisher’s record of 119 hours and 57 minutes, Tope Maggie is scheduled to cook for an incredible 200 hours, just days after Fisher’s historic achievement.
As Nigerian chefs compete for worldwide recognition in the culinary arts, the rivalry in the kitchen persists.
See video below:
Tope Maggie, an Ogbomoso-based chef is set to dethrone Chef Alan Fisher as he starts a 200-hour cook-a-thonpic.twitter.com/5mQhheJ9YQ
— GistReel.Com (@GistReel) November 10, 2023
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