The Federal Executive Council on Monday approved a new national policy on employment generation for the country.
Under the new policy, it will unfold new strategies to address the challenges of unemployment, poverty reduction and highlight economic opportunities for productive and employment of Nigerians.
Muhammad Dingyadi, Minister of Labour and Employment, discloses this while briefing State House Journalists, after the Federal Executive Council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.
The Minister said FEC granted approval, to implement it, reduce it, then to send it to our stakeholders, IPD, status of policy, that this national policy on employment has been approved.
Didi Walson-Jack, Head of the Civil Service of the Federation, disclosed that the Federal Executive Council
approved the Group Life Assurance Scheme for the 2025/2026
The Group Life Insurance Scheme is a scheme where the federal government take out a life policy on each public servant to cover its staff in the case of unfortunate incident of death.
The deceased public servants’ next of kin stands to have a benefit to help the family cushion the family at that time of loss.
“This year, the group life assurance scheme covers key government officials, comprising Mr President, the Vice President, the Chief of Staff, the secretary to the government of the Federation, Honorable Ministers, the head of the civil service of the Federation, permanent secretaries and staff of federal government ministries and Treasury funded agencies. That is the extra ministerial departments and agencies as well
“The scheme also covers the parade military agencies such as Nigerian Immigration Service, Nigeria security and civil defense 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.
“The Group Life Insurance Scheme is an annual one, and today’s approval was for the 2025/2026 policy year the policy would commence from the date of payment of premium to underwriters in line with the no premium, no cover policy.”
She disclosed that FEC granted approval 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 government also paid the premium to the insurance companies for The duration of 12 months.
“So this policy will expire next year. I just like to say that in as much as this policy has existed throughout this administration and even previous administrations, we find that not too many people know about the policy, and so we have, from my office, even planned to carry out a sensitization, which will be coming up very soon.
“But I’m so happy to be given the opportunity today to talk about this policy, and I ask that please, it would be very good to give this wide coverage, because this policy affects every public servant, including most of you seated here”
(Business Day)
