Views: Visits 9 By Rosemary Iwunze The Nigerian Insurers Association , NIA, has said that only about three million vehicles out of 13 million on Nigerian roads are insured, indicating that about 77 percent are uninsured. NIA also lamented that the sector can generate over N50 billion premium income annually if all vehicles have genuine insurance. Accordingly, the NIA said that it is collaborating with Lagos, Kaduna, Niger, Kogi and Ogun states governments on enforcement of motor insurance through their licensing offices. Chairman of NIA, Mr. Ganiyu Musa, said the industry is embittered about what it is losing to insurance racketeers and non-insurance of vehicles.