The Inspector-General of Police, Olukayode Egbetokun has presented ₦1.6 billion to 727 families of deceased police officers.
The money, according to him is the insurance claim for the deceased officers covering 2018/2019, 2021/2022 and 2022/2023 under the Group Life Assurance Policy of the Nigeria Police Force and it is the fifth since he assumed office in 2023.
Speaking, he said, “Today, we are poised to distribute cheques across five distinct categories, reflecting our diverse commitment to the beneficiaries.
“The first category comprises cheques amounting to ₦55.8 million for 311 beneficiaries, representing the remaining 5% balance of the Group Life Assurance Policy payments, Batches 9 and 10, for the 2021/2022 insurance year.
“The second category includes cheques totaling ₦761.5 million for 178 beneficiaries, representing 90% of the Group Life Assurance policy payments, Batches 15 and 17 for the 2021/2022 insurance year.
“The third category was a cheque of ₦567.5 million for 78 beneficiaries as 100% Group Life Assurance policy payment for Batch 9 of the 2022/2023 insurance year.
“The fourth category were cheques of ₦96.9 million for 86 beneficiaries, representing 32 per cent of the Group Life Assurance policy payment for Batch 5 of the 2018/2019 insurance year.
He disclosed that the final category was a cheque of ₦113. 2 million which represents full payment for 149 beneficiaries across batch 6 and 7, for the 2022/2023 policy year.
“Through this most recent initiative, the force has, over the past nine months disbursed cheques amounting to ₦7.3 billion to 2,514 families of the departed officers.
“This initiative underscores our deep-seated commitment to honoring the legacy and sacrifices of the officers who served with valour,” he stated.