Lasaco Assurance Re-Commits to Youth Empowerment

Lasaco Assurance Plc has reaffirmed its dedication to youth empowerment in Nigeria, pledging to expand initiatives that support skill development, entrepreneurship, and economic self-reliance among young people. The company made this renewed commitment during a recent corporate social responsibility event held in Lagos.

Speaking at the event, Managing Director and CEO of Lasaco Assurance, Mr. Segun Balogun, emphasized the importance of investing in youth as a strategic move to secure Nigeria’s future. He stated that the company recognizes the challenges facing many young Nigerians, including unemployment and limited access to opportunities, and is determined to be part of the solution.

As part of its ongoing efforts, Lasaco Assurance is rolling out new programs focused on vocational training, financial literacy, and startup support. These include partnerships with educational institutions, entrepreneurship hubs, and NGOs to deliver workshops, internships, and funding opportunities for youth-led projects.

“We believe empowering young people is not just a social duty, but a national necessity,” Mr. Balogun said. “Our goal is to create platforms where the next generation can thrive, innovate, and lead.”

The company also hinted at upcoming scholarship and mentorship initiatives aimed at supporting underprivileged youths with academic and career guidance.

Participants at the event, including students and young entrepreneurs, praised the initiative, noting that such corporate involvement is crucial in bridging the gap between potential and opportunity.

Lasaco Assurance has consistently included youth empowerment as a core element of its CSR strategy, with past initiatives reaching hundreds of beneficiaries across the country. This renewed focus signals a long-term vision to help build a resilient and economically vibrant youth population.