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LASACO Assurance clears benefits of Lagos LGAs, SUBEB employees

LASACO Assurance Plc has paid the claims to beneficiaries of deceased Lagos State Local Government Staff and Employees of the State Universal Basic Education Board (SUBEB).

An amount of ₦353 million was paid to 128 beneficiaries as insurance benefit of the deceased.

The cheque was presented to the deceased beneficiaries at the Ministry of Local Government, Chieftaincy Affairs, and Rural Development’s conference room in Alausa-Ikeja .

Lagos State Governor, Babajide Sanwo-Olu, collaborated with LASACO Assurance Plc for the commitment of the well-being of the local government staff.

Bolaji Kayode Robert, the State Commissioner for Local Government, Chieftaincy Affairs, and Rural Development said this is part of the Governor’s effort to prioritise the welfare of it workers.

He mentioned that over the past year, the ministry disbursed ₦391 million to 264 beneficiaries of Local Government staff and SUBEB, demonstrating the government’s consistent commitment.

Kikelomo Bolarinwa, Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs, praised Governor Babajide Sanwo-Olu for his commitment to the well-being of the staff and their families

She further praised the Governor, LASACO Assurance Plc and Haggai Insurance Brokers for their accountability and diligent efforts in ensuring the seamless distribution of the insurance benefits to the beneficiaries.

She urged beneficiaries to utilise the funds judiciously in honor of the deceased. In support, Matilda Mnakwe, speaking on behalf of the beneficiaries, expressed gratitude for the support and assured that the funds would be used wisely.

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