Nigeria Airways: FG pays N18bn severance benefits to 2,700 ex-workers
The Minister of Finance, Taiwo Oyedele, has confirmed that the Federal Government has paid N18 billion in outstanding severance benefits to 2,700 former employees of the defunct Nigeria Airways. Oyedele made this disclosure during a briefing with journalists on Friday. He said the payment followed a directive from President Bola Tinubu. He explained that the payment […] Nigeria Airways: FG pays…
The Nigerian government has paid N18 billion in severance benefits to 2,700 former employees of the defunct Nigeria Airways, according to the Minister of Finance, Taiwo Oyedele. The payment, which follows a directive from President Bola Tinubu, is being made in batches and will be completed within the next few days. Oyedele emphasized the importance of honoring legitimate obligations to citizens and the impact of the payments on retirees, families, businesses, and supply chains. Nigeria Airways was officially liquidated in 2004, leaving outstanding severance benefits unpaid.
Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
