LAGOS STATE UNIVERSAL BASIC EDUCATION BOARD PAYS N215,132,707.78 DEATH BENEFITS TO RELATIVES OF DEAD EMPLOYEES ~ INN Nigeria

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

The Lagos State Universal Basic Education Board, LASUBEB, 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.

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, stressing that such vital information should guide them in making decisions about their investments.

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