Nigeria: Insurance Cover for Storey Buildings in Lagos

[Guardian]WITH buildings collapsing at an alarming rate in Lagos and other parts of the country, the directive by the Lagos State Government to developers/owners, especially of storey buildings to obtain insurance cover for the buildings is understandable. Hundreds of innocent people have lost their lives from what has become a tragic phenomenon and billions of naira have been lost as a result. It is just appropriate, therefore, that the government has chosen to put measures in place to curb this.