FEC approves N9.24bn life insurance cover for public servants
Written by City Radio on December 14, 2022
The Federal Executive Council, FEC, on Wednesday, approved N9.24 billion for the 2022/2023 Group Life Insurance Cover for Nigeria public servants.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this while briefing State House correspondents at the end of the Council meeting presided over by Vice President Yemi Osinbajo, at the Council Chamber, Presidential Villa, Abuja.
Mrs. Ahmed, who spoke on the approval of the memorandum, which she said was presented to Council by the Head of the Civil Service of the Federation, Dr Folashade Yemi-Esan, explained that the insurance is meant to cover all government officials.