NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
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NAICOM ADOPTS OKR FRAMEWORK TO BOOST PERFORMANCE AND REGULATORY IMPACT. (PHOTO).

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 NAICOM Adopts OKR Framework to Boost Performance and Regulatory Impact


The National Insurance Commission (NAICOM) has officially adopted the Objectives and Key Results (OKR) framework to enhance performance management, regulatory efficiency, and accountability. Deputy Commissioner (Technical), Dr. Usman Jankara, announced the move during a performance management workshop, describing OKR as a results-driven model that aligns qualitative goals with measurable outcomes.


Dr. Jankara emphasized that the OKR system will foster transparency, outcome-focused operations, and team alignment across NAICOM. Staff will apply SMART principles—Specific, Measurable, Achievable, Relevant, and Time-bound—to guide performance indicators and maintain global standards.

The framework is designed to support growth and continuous improvement, not punishment. Expected outcomes include:

- Full alignment between departmental goals and NAICOM’s strategic priorities

- Improved regulatory efficiency through risk-based supervision and digital transformation

- Stronger consumer confidence via prompt claims settlement

- Expanded insurance penetration to support Nigeria’s economic development


NAICOM’s five strategic goals include protecting policyholders, strengthening supervision, safeguarding financial stability, promoting innovation, and expanding access to insurance. These are supported by broader objectives like governance excellence and effective claims management.


Dr. Jankara also highlighted the Nigerian Insurance Industry Reform Act (NIIRA) 2025 as a landmark step toward repositioning the sector. He called for internal culture change, urging leaders to instill integrity, discipline, and dedication across teams to ensure the success of the reforms.

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