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Insurance Benefit Payout in Lagos: Families of Deceased Workers Receive 701 Million Naira

31/03/2026
Source : ORISHAS FINANCE
Categories: Sectors

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During a program organized by the Ministry of Finance in collaboration with LASACO Assurance, last Friday, March 27, the Lagos State Government disbursed a total of 701,054,344.57 naira to 232 families of civil servants who died in service. Beneficiaries received checks in Ikeja.

 

During the Ministry of Finance's program, in collaboration with LASACO Assurance, the Commissioner for Finance, Abayomi Oluyomi, commended Governor Babajide Sanwo-Olu for "making the welfare of civil servants and their families a priority." 

"On behalf of the Lagos State Government and the Ministry of Finance, I extend my deepest condolences to the 232 families present. Nothing can replace the love, presence, and support of those you have lost," Abayomi Oluyomi stated.

Oluyomi also urged the beneficiaries to make judicious use of the funds.

"See this support as a seed that will help you rebuild your lives, whether by paying school fees, supporting a small business, repaying debts, or ensuring the stability of your home. By doing so, you honor the sacrifices made by your loved ones," he told the beneficiaries.

Provided by Google

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