The National Association of Nigerian Students (NANS) has declared support for the ongoing transformation agenda in the insurance sector and condemned attempts to derail the recapitalisation exercise. Speaking at a press briefing, the NANS National President said the apex student body, representing over 40.1 million Nigerian students across universities, polytechnics and colleges of education, stands firmly behind the reforms reshaping the industry. He said the association recognises the strategic importance of a strong, modern and resilient insurance sector to national economic development and commended the federal government under President Bola Ahmed Tinubu for initiating bold economic reforms. NANS noted that the recapitalisation exercise is critical to strengthening the financial capacity, stability and global competitiveness of insurance institutions in Nigeria.
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