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He stated that immediate family members of any NURTW member, who died in an accident, would get N1 million.
He said the money was meant to cushion the effect of death of their breadwinner. He also said that N850,000 would accrue to the family of any member who suffered permanent disability on road in the course of discharging his daily activities.
“Much as no one prays for accidents, we know that such can happen unannounced. When people die untimely in accidents or become incapacitated through accidents, their families suffer untold hardship, especially where such victims were the breadwinners.
“This is what Globacom wants to forestall with this scheme,” he said.
He called for a good life insurance package that would give hope to their families in case of any tragedy.
“We also believe that family members of the NURTW, like any other families in other industries, must enjoy basic things of life such as children education, feeding and clothing.
“If the bread winner is incapacitated or is no more available, the SVID card will serve as identity cards and Automated Teller Machine (ATM) code cards for NURTW members.”
He noted that members of the union would be expected to subscribe to Globacom network and purchase a minimum of N1, 000 recharge cards every month, using their bank accounts.
He said the recharge cards can be used on the SVIDs which have been programmed. Stretch also said that the telco decided to institute the insurance scheme to make the responsibilities of ensuring a seamless transportation network round the country, confidently.
Emeka Wogu, Minister of Labour and Productivity, commended Globacom for the scheme. Unveiling the multifunctional SVID, Wogu said it was innovative and timely as it would be used for financial transactions, identifying imposters and touts and improving the welfare of union members.
Alhaji Najeem Yasin, the National President of NURTW, in his remarks, said the welfare of his constituency propelled the union to partner with Globacom on the project.
He said the SVID would also help the union to have a comprehensive database of all members of the union. He thanked Glo for the support to power the insurance scheme and promised that all the members would key into it for their welfare.
Adeyemi Omidiji, the Deputy Corps Marshal, Federal Road Safety Corps (FRSC), said the initiative was a major boost to the operations of the corps.
He noted that the FRSC was at the forefront of ensuring the sanctity and protection of lives on Nigerian roads.
Source: PM News
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