FEC approves life insurance for Tinubu, Shettima, Gbajabiamila, Akume, others

Didi Walson-Jack, head of service of the federation, has said the Federal Executive Council has approved the Group Life Assurance Scheme for government workers, paramilitary and uniformed personnel.

Ms Walson-Jack said this while briefing State House correspondents on Monday at the end of the sixth FEC meeting of the year.

She said through the insurance scheme, the federal government would provide a life policy for each public servant and that in the event of death, the public servant’s next-of-kin would benefit from helping the family cushion the effect of the loss.

“This scheme underscores the importance that President Bola Tinubu’s administration has placed on the welfare of the federal workers. This year, the group life assurance scheme covers key government officials, comprising Mr President, the vice-president, the chief of staff, and the secretary to the government of the federation.

“The other beneficiaries are ministers, the head of the civil service of the federation, permanent secretaries and staff of federal government ministries and treasury-funded agencies,” she stated.

The News Agency of Nigeria while quoting Jack reports the scheme also covers the paramilitary agencies such as the Nigerian Immigration Service, Nigeria Security and Civil Defence Corps, Nigeria Correctional Service, the Federal Fire Service, Federal Road Safety Corps, National Drug Law Enforcement Agency and the Office of the National Security Adviser.

She added that the insurance scheme would be annual, and that the approval given by FEC was for the 2025/2026 policy year, and the policy would commence from the date of premium payment to underwriters in line with the no premium, no cover policy.

“The approval for today was for the appointment of 17 insurance underwriters for the group life insurance cover and for the year 2025/2026, as I had earlier mentioned.

“The premium is paid to the insurance companies for 12 months. So, this policy will expire in 2026,” she disclosed.

NAN

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