• N14.69bn allocated for group life in 2016 budget

    N14.69bn allocated for group life in 2016 budget

    According to reports, the Federal Government has voted N14.69 billion for group life for its Ministries, Departments and Agencies (MDAs) in the 2016 Appropriation Bill passed by the National Assembly on March 23, 2016.

    The insurance industry on its part would receive N14.69 billion earmarked for Group life for Ministries, Departments and Agencies (MDAs) of the Federal Government, including Department of State Security Service (DSS), Insurance of Sensitive Assets and Corpers.

    The N14.69 billion for group life Insurance policy was part of […]