LASG pays over N585m in insurance benefits to families of deceased civil servants

Images of the payment of insurance benefits to the families of 277 deceased state civil servants. The Lagos State Government in collaboration with LASACO Assurance PLC presented checks worth N585,191,875.52 to 277 beneficiaries of deceased civil servants, who died while on active duty in the government of State. Addressing the beneficiaries during the presentation ceremony, the Chief of Service, Mr. Hakeem Muri-Okunola, said that the payment of death benefits to the families of deceased staff members was neither a favor nor a largesse. but a responsibility and an obligation on the part of the administration of Governor Babajide Sanwo-Olu.

Represented at the event by the Permanent Secretary of the Debt Management Office, Mrs. Alake Rukayat Sanusi, the head of service argued that the insurance death benefit payout is meant to provide relief to families and individuals. dependent on the deceased.

He therefore urged the beneficiaries to ensure that the money is properly invested and used wisely, as the breadwinners would have wished.

On his part, the Honorable Commissioner of Finance, Dr. Rabiu Olowo, represented by the Permanent Secretary/Accountant General, State Treasury Office, Dr. Abiodun Muritala, appreciated Governor Sanwo-Olu for his commitment to the welfare and welfare of staff members.

Dr. Olowo also advised recipients to put the money for productive purposes, especially for the education of children and other dependents the deceased left behind.

Earlier in his welcome address, the Permanent Secretary of the Ministry of Finance, Mr. Temitope Hundogan, expressed hope that the payment of insurance death benefits to beneficiaries of deceased staff would serve as financial relief to their immediate families. . He urged families to spend the money wisely by ensuring that the school fees of deceased children are taken care of as well as the accommodation needs of their immediate family members. Hundogan revealed that the highest sum that will be presented to a beneficiary is N10,715,969 while the lowest sum is N546,000 depending on the grade levels of the deceased.

He urged recipients to invest the money productively if necessary, warning them to beware of the activities of scam artists and dubious individuals who would lure them with enticing business ventures.

The permanent secretary added that the state governor has further demonstrated the fact that governance is a continuum by approving payments.

The Managing Director of LASACO Assurance Plc, Mr. Razaq Abiodun commended the Lagos State Government for its prompt payment of salaries to those on active duty and benefits to the families of deceased staff members.

He applauded Mr Gouverneur for continuing where others have left off by paying premiums because without paying insurance premiums it would be difficult for insurance companies to pay death benefits to the families of members of the deceased staff.

Abiodun pointed out that the insurance benefit payments were made possible by the timely and consistent payment of insurance premiums by the state government.

Also speaking, Comrade Segun Balogun, President of the Association of Senior Civil Servants commended the current administration for the disbursements, saying that the union regularly engages the state to ensure the smooth execution of all its plans for the entire workforce, particularly on welfare issues.