Lasaco, Lagos pay N799.8m claims to late workers’ families
June 26, 2026 12:49 am
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By Jide Ajia
Lasaco Assurance Plc, in collaboration with the Lagos State Government and other key stakeholders, has disbursed N799.84m in insurance benefits to 148 beneficiaries of families of deceased public servants.
The presentation ceremony, held on Thursday, 11 June 2026, reflects the Lagos State Government’s commitment to the welfare of public servants and supporting the families of those who dedicated their lives to public service.
Speaking at the ceremony, the Special Adviser to the Governor on Rural Development, Dr Nurudeen Agbaje, reaffirmed the state government’s dedication to supporting the families of public servants who passed away while in active service.
Agbaje noted that the disbursement demonstrated the administration’s commitment to fulfilling its obligations to workers and their dependents, even after their demise.
Also speaking, Mrs Jumoke Koleosho, who represented the Managing Director of Lasaco Assurance Plc, expressed condolences to the beneficiaries and urged them to make responsible use of the funds.
She noted that the insurance benefits were designed “to provide financial relief and long-term stability” for the affected families, particularly in meeting educational, welfare and other essential needs. She also highlighted the importance of insurance as a vital safety net for protecting lives and securing the future.
Representatives from the Ministry of Local Government, Chieftaincy Affairs and Rural Development; the State Universal Basic Education Board; and Haggai Insurance Brokers Limited paid tribute to the deceased workers, acknowledging their invaluable contributions to the development of Lagos State.
They collectively emphasised the importance of the initiative and reiterated their shared commitment to ensuring that the families of deceased workers receive the support due to them.
The beneficiaries were also urged to make prudent use of the funds in ways that would positively impact their families and preserve the legacies of their departed loved ones.
The disbursement further reinforces Lasaco Assurance Plc commitment to delivering meaningful protection and financial security to individuals and families. It highlights the company’s continued role in supporting structured welfare initiatives that provide timely relief to bereaved families and strengthen public sector confidence in social protection frameworks.
Jide, a seasoned journalist with over 12-year experience, reports business-related stories
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