RITCORP Renders NIC Dormant Concerned Citizens Aver
Investigation mounted by this medium has revealed that the country’s National Insurance Company (NIC) has now become an idle ground as there is little or no work left for them to do. This, according to our investigation, is as a result of the fact that almost all the work of the NIC has been taken over by the Reliance Insurance Trust Corporation (RITCORP).
According to the mandate of the National Insurance Company, all insurance businesses of the country including all government Parastatals, private investments to name but a few are supposed to be championed by the NIC. This mandate, according to our sources, is no longer applicable to the country’s Insurance Company as RITCORP, which is alleged to be the child of those in governance, has taken over almost all government and most private companies Insurance Business in the country leaving the NIC absolutely useless.
Details of this story will be available in our next edition
By Ibrahim Alusine Kamara
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