FG to pay N15bn premium on MDAs’ life insurance

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The Federal Government has allocated N15bn to settle the insurance premium of employees in its Ministries, Departments and Agencies for the 2018 financial period.
The President, Chartered Insurance Institute of Nigeria, Mrs. Funmi Babington-Ashaye, said this during the institute’s business outlook seminar with the theme, ‘Economic policies of the government in 2018: Issues, challenges and prospects for the insurance industry,’ in Lagos.
She said, “Considering