Lasaco Assurance Plc, in collaboration with the Lagos State Government and other key stakeholders, has disbursed N799.84m in insurance benefits to 148 beneficiaries of families of deceased public servants.
The presentation ceremony, held on Thursday, 11 June 2026, underscores the Lagos State Government’s commitment to supporting the welfare of public servants and their families.
Speaking at the ceremony, Dr Nurudeen Agbaje, Special Adviser to the Governor on Rural Development, reaffirmed the state government’s dedication to supporting the families of public servants who passed away while in active service. Agbaje noted that the disbursement demonstrated the administration’s commitment to fulfilling its obligations to workers and their dependents, even after their demise.
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Mrs Jumoke Koleosho, representing the Managing Director of Lasaco Assurance Plc, expressed condolences to the beneficiaries and urged them to use the funds responsibly, saying the benefits are meant “to provide financial relief and long-term stability” for affected families. She highlighted the importance of insurance as a vital safety net for protecting lives and securing the future.
Representatives from relevant ministries and agencies paid tribute to the deceased workers, acknowledging their contributions to Lagos State’s development. They emphasised the importance of the initiative and reiterated their commitment to ensuring that families of deceased workers receive the support due to them.
The disbursement reinforces Lasaco Assurance Plc’s commitment to delivering protection and financial security to individuals and families, highlighting its role in supporting structured welfare initiatives that provide timely relief to bereaved families.
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