College of Insurance and Financial Management (CIFM) has received a boost in infrastructure development with the official flag off of the construction of the school’s Auditorium.
The about 1,650 capacity multi-purpose hall, estimated to cost about N310 million on completion is expected to boost the ambience of the college to accommodate bigger events and ceremonies like public lectures and public – academic ceremonies.
CIFM is a full-fledged college set up by the Chartered Insurance Institute of Nigeria (CIIN) to undertake its training function. The centre provides in-depth training in insurance, financial management, marketing and other related fields.
The main objective for which the College was established is to provide long lasting solutions to manpower training and development problems of the insurance industry in Nigeria.
Eddie Efekoha, president, Chartered Insurance Institute of Nigeria (CIIN), who spoke at Sod Turning Ceremony at the College premises handed over the project to Acropolis Contractors who says the project will be completed in 18 months time.
Efekoha said that the institute would continue to invest in manpower development which is its core mandate to upgrade insurance practice and industry in Nigeria to meet up with global standard.
He urged the contractors to cooperate with the college during the course of the construction, to ensure timely completion of the project.
Muftau Oyegunle, chairman, Governing Council, CIFM said that the college had continued to make tremendous progress in terms of infrastructure development. “Academically, we are forging ahead, and in terms of infrastructural development, we have continued to make progress,” he said.
Oyegunle commended the CIIN President for carrying out the project during his tenure and also investing in the college.
Yeside Oyetayo, rector, CIFM, had said in an interview that the college was depending on a grant from the National Insurance Commission (NAICOM) and support from other sponsors to fund the project.
“For now, we are relying on NAICOM grant to fund the project, while expecting that other sponsors would also come up to assist,” she said.
Modestus Anaesoronye
