NATIONAL INSURANCE COMMISSION ACT
Section 8: Powers of the Commission.
The Commission shall have power to-(a) establish a bureau to which complaints, against any insurer, re-insurer, insurance broker or loss adjuster (in this Act referred to as "insurance institution") may be submitted by members of the public;
(b) request or call for information from Federal Ministries, extra-ministerial departments, statutory bodies and other government agencies on matters relating to insurance;
(c)
borrow such sums of money as the Commission may, from time to time, require for performing its functions under this Act;
(d) acquire offices and other premises for the use of the Commission;
(e) establish such zonal and other offices of the Commission as it may deem necessary for the proper performance of its functions under this Act; and
(f) do such other things as are necessary for the successful performance of its functions under this Act.
Cite this section
Section 8, NATIONAL INSURANCE COMMISSION ACT (1997).
https://repo.podus.ai/laws/national-insurance-commission-act/section/8/