Lagos State Government has made a payment of N2billion as insurance premium for civil servants in 2021, Finance Commissioner Rabiu Olowo has said.
He said the premium covered life and non-life insurance.
The commissioner disclosed this during a media briefing at the State House yesterday as part of activities to mark the Civil Service Insurance Week.
He said insurance is compulsory for civil servants.
Said he: “This gesture is in line with the current administration’s commitment in ensuring care for its workforce while serving and after retirement. Lagos State, over the years, has continued to insure its workers with regular payment of premium to cater for them during service, and also payment of death benefits.
“This year alone, we have paid over N2 billion in insurance premium to cover life and non-life insurance. We saw the benefit of engaging in insurance during the COVID-19 pandemic and #EndSARS protest.
“We have enjoyed the essence and value proposition of insurance, and the best we can do is to further our commitment to ensuring that our insurance activities are more strengthened. This is why we are doing this sensitisation and advocacy.”
