In order to cushion the effects of Road Traffic Crashes amongst its members, the Association of Maritime Truck Owners (AMATO) has launched a ‘Pay As You Go’ (PAGO) insurance scheme.
Head of the Technical and Research Department at AMATO, Mr. Adeshina Ajibola, revealed that key maritime industry stakeholders — including the Nigerian Ports Authority (NPA), the Nigerian Shippers’ Council (NSC), and the Lagos State Government are fully in support of the initiative.
According to him, “We have taken the initiative to the Nigerian Shippers Council, to the Nigerian Ports Authority, to the leadership of the Lagos State Government who seen to be delighted in the initiative.
“We are doing this to curtail the high rate of containers falling off articulated vehicles and other forms of accidents involving these categories of vehicles.
“It is still work in progress because we are still discussing with an insurance company to tie up the loose ends and begin to enforce as soon as possible.
“Even before the Police started the enforcement of third party insurance, ours has been in the pipeline. That is what we intend to do with our members but because of the small politics within and around the industry, there are little delays”.
