Jobs/Appointments
Lagos Has Settled N2bn in Workers Insurance Premium—Commissioner
By Adedapo Adesanya
The Lagos State Government has paid over N2 billion as insurance premium for its workers in 2021, the Commissioner for Finance, Mr Rabiu Olowo, has disclosed.
Mr Olowo made this disclosure at the Lagos State Insurance Week which kicked off on Monday, August 23.
He said the state has over 73,000 employees on its database and they were covered under life insurance.
“I can affirm to you that this year alone, we have paid over N2 billion in insurance premium to cover life and non-life insurance. That speaks to the importance of insurance.
“The Lagos State Government over the years has continued to insure its staff with regular payment of premium to cater for them during service, and also payment of the death benefits by the insurance companies to deceased beneficiaries,” he said.
The Commissioner said insurance was one of the ways the state government managed risk in the state, hence, it was not an issue of optionality.
“Insurance is compulsory in Lagos State for life and non-life insurance asset because that is one of the ways we manage a lot of risks.
“We have seen the benefits of engaging in insurance activities, during the COVID-19 pandemic and the civil unrest in Lagos,” Mr Olowo said.
The Commissioner said it was for this reason that the government had identified the need for more sensitisation and education on insurance, hence, the planned maiden edition of the Lagos State Insurance Week.
According to him, the four-day insurance week, slated for August 23 to August 26, will educate participants on the ways civil servants and the entire populace can key into the abundant opportunities in insurance.
“We have seen government property assets destroyed and in some cases injuries to our staff and associates
“We have enjoyed the real essence and value proposition of insurance, and the best we can do is to further our commitment to ensuring that our insurance activities are more strengthened.
“That is why we are doing this sensitisation and advocacy and we can see that it pays to pay insurance premiums and we will continue to do so into the future,” Mr Olowo added.
He noted that there was a need to institute the culture of insurance consciousness among government officials and the citizenry as a whole.
Mr Olowo said that the public should know that insurance is the way through which an individual or organisation protect themselves against unfortunate incidents of life, including death.
He maintained that having appropriate insurance cover could not be overemphasised, being the acceptable practice across the globe.
The Commissioner said the Babajide Sanwo-Olu led administration was already setting the pace in the area of insurance, hence, it was expected that residents also embrace the initiative by taking necessary insurance cover that suits them.
He explained that doing so would help to lessen heavy responsibilities on disasters on government.
“In other words, the cases of calling on government at all times for compensation over some natural disasters or unfortunate incidences can become a thing of the past if we have necessary insurance cover for ourselves, businesses and property.
“By this, the resources at the disposal of government can be channelled towards other developmental projects, instead of paying compensations that ordinarily could have been undertaken by insurance companies,” he said.
By Modupe Gbadeyanka
Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.
Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.
The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.
Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.
Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.
A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.
He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.
The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.
He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.
He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).
In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.
By Modupe Gbadeyanka
A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.
The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.
His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.
It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.
The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.
The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.
He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.
By Aduragbemi Omiyale
In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.
A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).
She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.
Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).
In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).
Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.
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