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Lagos Disburses N701 Million Insurance Benefits to Families of 232 Deceased Public Servants

Torkuma by Torkuma
March 27, 2026
in News
0
Lagos Disburses N701 Million Insurance Benefits to Families of 232 Deceased Public Servants

The Lagos State Government has disbursed a total of N701,054,344.57 to 232 families of public servants who died in active service.

The beneficiaries gathered in Ikeja on Friday for the presentation of cheques for insurance death benefits to dependents of the deceased workers.

The event, organised by the Ministry of Finance in collaboration with LASACO Assurance and a consortium of underwriters and bankers, saw some families receive up to N15m.

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Speaking at the ceremony, the Commissioner for Finance, Abayomi Oluyomi, commended Governor Babajide Sanwo-Olu for prioritising the welfare of public servants and their families.

“Let me begin by sincerely appreciating our governor for his consistent support for workers and their families and for championing policies that put people at the centre of government decisions,” he said.

“Under his leadership, staff welfare is not just a policy—it is something we see and feel in practical ways, like today.”

Oluyomi described the occasion as both painful and significant, noting that while it marked the loss of valued colleagues, it also fulfilled a promise to their loved ones.

“Today is both a painful and an important day—painful because we remember husbands, wives, fathers, mothers, brothers, sisters, and friends who are no longer with us; important because we are here to keep a promise made to them and to you.

“On behalf of the Lagos State Government and the Ministry of Finance, I extend my deepest condolences to all 232 families present. No amount of money can replace the love, presence, and guidance of those you have lost.

“The Lagos State Insurance Scheme was put in place so that when the unexpected happens, families are not left alone. The cheques presented today are not just figures—they represent recognition of the years of loyal service your loved ones gave to the state.

“They are also a clear message that the government stands with you in this difficult time. We hope that these benefits will ease immediate pressures, help you stabilise, and support the dreams your loved ones had for their families,” he said

Torkuma

Torkuma

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