Gboyega Lesi, CEO of Leadway Assurance Company Limited, has called on communities, businesses, and individuals to take urgent preventive measures in response to the severe flooding forecasted by the National Emergency Management Agency (NEMA).
NEMA’s July report anticipates increased flooding across 33 states from August through October, prompting the agency to urge all sectors to begin preparations immediately. Lesi echoed these warnings, highlighting the serious threat flooding poses to Nigerian communities and stressing the need for proactive measures.
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“The latest Nigerian Meteorological Agency (NIMET) report underscores the urgent need for protective measures for individuals, families, properties, and investments,” Lesi said. He referenced the 2022 flood disaster, the worst in decades, which caused approximately $9.12 billion in direct economic damages according to the Nigerian Bureau of Statistics (NBS) and estimates from the Federal Government and the World Bank.
The extensive damage from the 2022 floods affected residential and non-residential buildings, businesses, households, public infrastructure, and disrupted agricultural sectors, emphasizing the financial and social impacts of such disasters.
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Leadway Assurance is committed to supporting Nigerians through these challenging times with its specialized insurance solutions designed to address flood-related risks. “Our comprehensive policies offer robust protection, enabling quick and effective recovery from flood impacts. We tailor our coverage to meet specific needs and circumstances,” Lesi added.
The company assures that its team is prepared to offer guidance and support to mitigate risks and facilitate swift recovery. Leadway Assurance is a leading insurance provider in Nigeria, known for its efficiency and customer reliability, and has expanded its services into West Africa through Leadway Vie Limited and Leadway IARD Limited in Cote d’Ivoire.
