Edugist

LASUBEB Pays Relatives of 60 Late Employees N215 Million as Death Benefits

Get stories like these delivered straight to your inbox.

The Lagos State Universal Basic Education Board has paid a total sum of N 215,132,707.78 as death benefits to the relatives of 60 of its employees who died in active service.

The Executive Chairman, LASUBEB, Mr. Wahab Alawiye-King, who disclosed this during the cheque presentation ceremony at the LASUBEB office in Maryland, stated that the insurance death benefit payment covers those who died in service between the year 2019 and 2020.

fb img 16063070396227561934967772886498

While appealing to them to be prudent in the management of the payments, Alawiye-King urged the beneficiaries to be mindful of the recent report by the National Bureau of Statistics indicating that the economy of the country is sliding into recession.

He stressed that such vital information should guide them in making informed decisions about their investments.

“I plead with you to avoid the lottery effect. The pandemic has made people device different means of deceiving people, thereby robbing them of their hard-earned money and resources,” he said.

Responding on behalf of the beneficiaries, Mr. Makanjuola John Olanrewaju, described the Lagos State Government as a trailblazer in lofty initiatives.

fb img 16063070420909149947236149858353
One of the recipients of the cheque

He said that payment of the death benefits at this time, despite the pandemic and other competing needs of the State, speaks volumes of the government’s disposition to staff welfare.

Makanjuola also assured the State Government that the cheques received would be used for beneficial purposes by the relatives.

Source: LASG

Share this article

All right reserved. You may not reproduce or republish Edugist content in whole or part without express written permission. Only use the share buttons.

Advertisement

Support Edugist’s goal of giving education a voice

Even a small donation will make a difference.

Related Content

0 0 votes
Article Rating
Subscribe
Notify of
guest


0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
???? Hi, how can I help?