INSURERS TO COMPENSATE CAR OWNERS THAT LOST THEIR VEHICLES TO THE TANKER EXPLOSION AT OTEDOLA BRIDGE

Insurers to compensate seven vehicles’owners that lost their car to the Otedola bridge tanker explosion.

Seven out of the 54 vehicles that were burnt in the tanker explosion that occurred on the Otedola Bridge end of the Lagos-Ibadan Expressway recently have been confirmed to have comprehensive insurance.

Figures obtained from the Nigerian Insurers Association revealed that 22 other vehicles had third party insurance.

The NIA noted that the ownership and full details of 15 vehicles were yet to be ascertained.

According to the association, investigations were still ongoing on how to know the owners of the unidentified vehicles.

The Director-General, NIA, Mrs Yetunde Ilori, said the underwriters that insured the identified cars had been notified of the vehicles under their purview. “We have told them not to wait until the owners come forward, but because they have the details, they should contact the owners on time and commence the claims payment,” she said.