The Federal Government has moved for the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the ECOWAS member states.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, unveiled this while speaking at the inauguration of the chairman of Council of Bureaux, ECOWAS Brown Card Insurance Scheme, Mr. Ganiyu Musa, at Abuja.
She noted that the existence of the scheme and its effective implementation would stimulate integration of the West African regional block preparatory to the full implementation of the African Continental Free Trade Area subscribed to by most of ECOWAS countries.
Mrs. Ahmed, who was represented by the Commissioner for Insurance, National Insurance Commission, Mr. Sunday Thomas, applauded the initiative that welcomed the free movement of goods and services within a sub-region and promotes intra-regional investments and cooperation.
She said it was a huge step in the right direction for economic integration.
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