Legislative AccountabilityObservatory
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Solvency of insurers under the federal group life insurance scheme

Status
No final report
Assembly
House of Representatives
Opened
11 February 2020
Assembly term
9th National Assembly (2019–2023)
Committee
Committee on Insurance and Actuarial Matters
Sum at issue
₦200 billion
Subject
Spending and misuse of funds
Without a report for
2,465 days

The House of Representatives Committee on Insurance and Actuarial Matters, chaired by Darlington Nwokocha, initiated a probe into the solvency and premium investments of insurance companies handling the Federal Government’s Group Life Insurance scheme. The investigation, which screened 812 MDAs, scrutinized allegations that over ₦200 billion in premiums had "filtered into the air" without providing actual protection for workers in the civil service, military, and paramilitary agencies.

What the record shows

  • 11 February 2020
    Probe opened.
  • As of 11 November 2026
    No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.