Pension News

Lagos State Government Presents Death Insurance Benefits Worth over N93 million to Next of Kins.

Lagos State Government has presented death insurance benefits in excess of N93million to 35 direct beneficiaries of deceased civil servants at an event held in Alausa, Ikeja recently.

The Commissioner for Finance, Mr. Rabiu Onaolapo Olowo, condoled with beneficiaries of the deceased but also congratulated them for being alive to receive the entitlements of their late family members.

He urged the beneficiaries to put the money collected to good use, just as he restated the determination of the State government to continue to prioritise the welfare of its workforce.

Olowo affirmed that the government remains committed to the payment of the monthly salaries of its active workforce as well as prompt remittance of pensions of its personnel on a monthly basis.

The Permanent Secretary, Ministry of Finance, Mrs. Ganiat Abidemi Raji advised the beneficiaries to use the money received judiciously and charged them to invest in their children’s education and other profitable business ventures.

One of the beneficiaries, Mr. Adeniyi Idowu, expressed gratitude to the Lagos State Government on behalf of the other recipients and promised that the money received would be channeled into good use.

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