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President Bola Tinubu has permitted the fee of renewal charges for the Group Life Assurance for federal authorities staff.
Minister of Data and Nationwide Orientation, Mohammed Idris, disclosed this on Wednesday on the finish of the primary 2024 assembly of the Federal Government Council (FEC) held in Abuja.
He mentioned that this was a sequel to a memo introduced by the Head of the Civil Service of the Federation, Folasade Yemi-Esan, to the council.
He mentioned the president permitted about N9.6 billion for 12 native insurance coverage corporations to cowl the federal staff in case of unexpected eventualities in the midst of their duties.
“There are about 12 insurance coverage corporations concerned. It’s a regular annual cowl that insurance coverage corporations give staff. So, within the occasion of dying or extreme harm, they will resort to and in order that their households wouldn’t must undergo,’’ he mentioned.
Mr Idris mentioned the approval was a part of the administration’s willpower to accord all its staff the wanted reward that might enhance effectivity, productiveness and repair supply to Nigerians.
College students mortgage
Minister of State for Training, Yusuf Sununu, mentioned the January date for the take-off of the scholar mortgage was nonetheless in place, including {that a} web site had already been working for college students with requisite standards.
He identified that the federal government had made funding provision for it within the 2024 funds.
Mr Sununu additionally disclosed that the council permitted the establishing of overseas establishment campuses within the nation to extend enrollment of Nigerians and encourage analysis amongst increased institutes worldwide.
READ ALSO: Tinubu presides over first FEC assembly in 2024
He mentioned {that a} guideline has been supplied to make sure the standard of coaching on the native campuses is standardised with the mum or dad establishment overseas.
He added that the coverage would additionally save the nation from scarce overseas alternate taken overseas as a substitute of getting used for nationwide improvement.
(NAN )
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