President Bola Tinubu‘s administration has approved the payment of Group Life Assurance renewal fees for federal government employees.
Mohammed Idris, minister of information and national orientation, revealed this to journalists after the first Federal Executive Council (FEC) meeting of the year on Wednesday at the State House in Abuja.
According to Idris, the president approved approximately N9.6 billion for 12 local insurance firms to cover federal workers in the event of unforeseen circumstances while performing their duties.
He said:
“There are about 12 insurance companies involved. It’s a normal annual cover that insurance companies give workers.”
“So, in the event of death or severe injury, they can resort to and so that their families would not have to suffer.”
Idris added that the approval was part of the administration’s determination to provide all of its employees with the necessary rewards to improve efficiency, productivity, and service delivery to Nigerians.