The Lagos State Governor, Babajide Olusola Sanwo-Olu, has approved the payment of death benefits to 252 direct beneficiaries and family members of deceased staff.
According to the Permanent Secretary, Ministry of Finance, Mrs. Oyeyemi Ayoola, the Governor approved the release of the First Tranche of the Insurance Benefits totalling N 454,888,253.36.
Speaking on Thursday during the presentation ceremony held at the Conference Room of the Ministry of Finance, Alausa, lkeja, Mrs. Ayoola, noted that the Death Benefits paid is exclusive of gratuity and pensions of the deceased.
The Permanent Secretary congratulated the beneficiaries for being alive to receive the benefits in trust for the deceased and admonished them to channel the money into good ventures, while emphasising the determination of the administration of Governor Babajide Sanwo-Olu to prioritise the welfare of its workforce.
Reiterating the magnanimity of the Lagos State Government in the prompt monthly payment of salaries of its workforce, remittance of pensions and the provision of insurance cover for staff, she affirmed that staff who die while in service are usually compensated through their next of kin and other beneficiaries.
Responding on behalf of other beneficiaries, Engr. Akinwale Felix Bamidele, who retired from the Federal Civil Service as a Deputy Director, appreciated the Governor of Lagos State, Mr. Babajide Sanwo-Olu for the kind gesture.
He said that to the best of his knowledge, Lagos State is the first State in Nigeria extending such death benefits to its workforce.