N18bn paid to 2,700 ex-Nigeria Airways workers — FG

The Federal Government of Nigeria has commenced the payment of N18bn in outstanding severance benefits to 2,700 former employees of the defunct Nigeria Airways, more than two decades after the national carrier was liquidated. Minister of Finance, Taiwo Oyedele, announced this during a press briefing, stating that 2,100 beneficiaries in batches one to seven have already received their payments, while another 600 beneficiaries in batches eight and nine are cleared for payment.

Oyedele explained that the payments were made following President Bola Tinubu's directive to resolve the long-standing obligation to the former workers, many of whom had grown old waiting for their entitlements or had passed away, leaving their families to pursue the outstanding payments.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.