Home Business Insurance World Group Life: Nigerian Army To begin Payment Of N18.4billion Outstanding Benefits Of Deceased Personnel 
Insurance World

Group Life: Nigerian Army To begin Payment Of N18.4billion Outstanding Benefits Of Deceased Personnel 

Share
Chief of Army Staff, COAS, Lt.-Gen. Taoreed Lagbaja?
Share

BY NKECHI NAECHE-ESEZOBOE—-The Chief of Army Staff, COAS, Lt.-Gen. Taoreed Lagbaja, has said it will soon begin payment of the outstanding N18.4 billion Group Life claims to families of late Nigerian Army personnel.

He disclosed during the closing ceremony of the Second Regimental Sergeant Majors, RSMs, 2023 Convention held yesterday in Ibadan, Oyo State, with the theme “Leveraging Sound Administration for Highly Motivated Force and Operational Efficiency in the Nigerian Army”.

He said ”The money will soon be paid to the families of the departed personnel, who died in the line of duty.”while assuring that the fund has been approved by President Bola Tinubu while the National Assembly has also appropriated it.

”This is in the force’s health facilities, such as the construction and renovation of hospitals in Lagos and Kaduna, as well as education facilities and construction of befitting houses, among others.

“These are other several welfare efforts, and this is because my focus is to keep the morale of our troops high as they discharge their constitutional duties,” he said.

On the theme of the convention, he said “it was designed to position officers to a high winning level that will enable them confront all forms of security challenges facing Nigeria as a nation.”

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

EFCC Beams Fresh Searchlights On  Insurance Fraud

NKECHI NAECHE- ESEZOBOR–The Executive Chairman of the Economic and Financial Crimes Commission,...

NAICOM, EFCC Collaborate To Sanitize Insurance Sector, Protect Policyholder’s Interests

BY NKECHI NAECHE ESEZOBOR–The Economic and Financial Crime Commission (EFCC), has agreed...

Dog Attack: Police Arrest Owner, Confiscate Dogs 

Following the unfortunate mauling of a security man to death by three...

Lasaco Assurance Grows Insurance Revenue By 36% To N18.29 billion In FY23

BY NKECHI NAECHE- ESEZOBOR–Lasaco Assurance Plc has released its financial statement for...