THE LAGOS STATE POLICE COMMAND IS SET TO LAUNCH “OPERATION VELVET” ON LAGOS ROADS. HOW COMPLIANT ARE YOU?

Photo Credit: http://thenationonlineng.net

 

A few weeks ago, the Lagos State Police Command announced plans to launch a joint operation tagged; “Operation Restore Sanity On Lagos Roads/Operation Velvet” in conjunction with the Lagos State Traffic Management Authority (LASTMA), Federal Road Safety Corps (FRSC) and the Nigeria Security and Civil Defence Corps (NSCDC) to tackle the increase in traffic gridlock on roads across the State.

According to the Lagos State Sector Commander of the FRSC, Mr Hyginus Omeje, the Lagos State Police Command announced plans to launch a joint operation tagged; “Operation Restore Sanity On Lagos Roads/Operation Velvet” in conjunction with the Lagos State Traffic Management Authority (LASTMA), Federal Road Safety Corps (FRSC) and the Nigeria Security and Civil Defence Corps (NSCDC) to tackle the increase in traffic gridlock on roads across the State.

While this announcement has come with mixed reactions, it has definitely come in just in time to combat the increase in road traffic accidents that has become synonymous with the “ember” month, as only roadworthy vehicles and drivers with valid driver licence will be allowed on the public roads. In addition, residents can finally heave a sigh of relief from the persistent traffic gridlock experienced by motorist within the State; a situation which the Police Command has been blamed on the lawless driving habits of motorists. The announcement has been driving defaulting motorists to hurriedly ensure compliance with traffic laws. One of the documents they are chasing the most is the valid compulsory insurance papers.

According to the Nigerian Insurance Association (NIA), 64% of 11.5 million motorists who ply Nigerian roads have fake insurance policies. This is a very serious infraction as all motorists in Nigeria are required by law to have compulsory vehicle insurance before putting a vehicle on the road. By defaulting on this law, these overwhelmingly large numbers of motorists put themselves and other road users at huge financial risks. This is because in event of an accident, the vehicles they accidentally damage or the person that is injured, maimed or killed in the process, is left without compensation, which may completely alter the victim’s (or beneficiaries’) standard of living forever.

Apart from the financial implications of not having a genuine motor insurance, drivers who venture onto public roads in Nigeria without having the minimum insurance coverage of N1million through Third Party Motor Insurance coverage, are actually risking a jail term. According to Section 68 of the 4 Nigerian Insurance Act 2003, any motorist who contravenes the provisions of this section, will be liable on conviction to a hefty fine of up to N250,000 and/or 1-year imprisonment.

If you fall under the category of these motorists without at least a third party motor insurance, Leadway Assurance has got you covered! The foremost Nigerian insurer, with almost fifty years’ experience, has two car insurance policies designed to help you stay compliant as well as recover from the loss or damage of your vehicle, third party liability and medical provision as a result of an accident; The Leadway Auto Plan and Leadway Third Party Car Insurance.

  1. Leadway’s Auto Plan: The Leadway Auto Plan is a comprehensive motor insurance designed to provide a broad range of benefits for any level of insurance cover you purchase on your vehicle(s). It covers loss of or accidental damage to the vehicle of the insured and also compensates for damage to Third Party vehicles/ properties as well as third-party personal injury or death arising as a result of any accident from the use of the insured vehicle(s).
  2. Leadway’s Third Party Car Insurance: This third party car insurance is a more affordable car insurance option that provides benefits in the events of death or bodily injury to a third party arising from the insured car. It also covers damages to property other than property belonging to the insured. This policy can be purchased on the go via a N5000 and N7000 scratch card. So, don’t wait for the law enforcement agencies to nab you for the traffic law violations, call our experts at Leadway Assurance for professional guidance. To find out more about our policies, please call (01) 2800 700, or 2800701 or send an email to Lcs@leadway.com for more details.

 

 

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  1. “Traffic: Police launch joint operation to restore sanity on Lagos roads”,

vanguardngr.com, 2018

  1. “Operation Velvet: Get safety requirements, avoid arrest, FRSC tells motorists”,

punchng.com, 2018

  1. “64% of vehicles on Nigerian roads run on fake insurance-NIA”,

vanguardngr.com, 2018

  1. “Insurance Act, 2003”, nass.gov.ng

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