Lagos pays N701m insurance benefits to families of deceased workers

The Lagos State Government has disbursed a total of N701,054,344.57 to 232 families of public servants who died in active service.

The beneficiaries gathered in Ikeja on Friday for the presentation of cheques for insurance death benefits to dependents of the deceased workers.

The event, organised by the Ministry of Finance in collaboration with LASACO Assurance and a consortium of underwriters and bankers, saw some families receive up to N15m.

Speaking at the ceremony, the Commissioner for Finance, Abayomi Oluyomi, commended Governor Babajide Sanwo-Olu for prioritising the welfare of public servants and their families.

Let me begin by sincerely appreciating our governor for his consistent support for workers and their families and for championing policies that put people at the centre of government decisions,” he said.

“Under his leadership, staff welfare is not just a policy—it is something we see and feel in practical ways, like today.”

Oluyomi described the occasion as both painful and significant, noting that while it marked the loss of valued colleagues, it also fulfilled a promise to their loved ones.

Today is both a painful and an important day—painful because we remember husbands, wives, fathers, mothers, brothers, sisters, and friends who are no longer with us; important because we are here to keep a promise made to them and to you.

“On behalf of the Lagos State Government and the Ministry of Finance, I extend my deepest condolences to all 232 families present. No amount of money can replace the love, presence, and guidance of those you have lost.

“The Lagos State Insurance Scheme was put in place so that when the unexpected happens, families are not left alone. The cheques presented today are not just figures—they represent recognition of the years of loyal service your loved ones gave to the state.

“They are also a clear message that the government stands with you in this difficult time. We hope that these benefits will ease immediate pressures, help you stabilise, and support the dreams your loved ones had for their families,” he said.

He assured serving public officers of the administration’s continued commitment to their welfare, pledging transparency and prompt processing of all entitlements.

“When we ask you to give your best in service to Lagos, it is because we are equally committed to standing by you and your families,” he added.

Oluyomi also urged beneficiaries to make prudent use of the funds.

Please see this support as a seed to help you rebuild—whether by paying school fees, supporting a small business, clearing debts, or providing stability at home. In doing so, you honour the sacrifices your loved ones made,” he told the beneficiaries.

Also speaking, the Permanent Secretary of the Ministry of Finance, Mahmud Alao, said the payment underscored the government’s commitment to workers’ welfare.

“Today’s gathering is both solemn and significant. We are here to honour the memory of our departed colleagues who served with dedication, loyalty, and integrity, and to fulfil a promise made to them and to their families,” he said.

He noted that beyond their official roles, the deceased were integral members of families and communities whose contributions to the state would not be forgotten.

“The insurance scheme under which these benefits are being paid was designed to ensure that, even in death, employees’ families are not left without support. It is a practical demonstration of the government’s responsibility and compassion.

“The payment of these benefits is not merely a statutory obligation—it is a moral commitment. While no financial compensation can replace your loved ones, we hope this support will provide some relief and stability during this difficult time,” he said.

Alao reaffirmed that the administration would continue to strengthen welfare policies and ensure transparency in the management of staff entitlements.

To the beneficiaries, please accept this gesture as a symbol of our shared responsibility and solidarity. May it help ease your burdens and support your future aspirations,” he added.