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 Federal Government has disbursed N18 billion in overdue severance benefits to 2,700 former Nigeria Airways employees, Finance Minister Taiwo Oyedele announced on Friday. Oyedele disclosed this during a press briefing, attributing the payment to a directive from President Bola Tinubu. The minister explained that the funds will be distributed in installments, with all eligible ex-workers expected to receive their dues within the coming days.
Oyedele emphasized that the payment is not merely about monetary compensation, but also about honoring the trust and responsibilities owed to Nigerian citizens by the government. He stressed that behind every verified pension arrear lies a retiree and a family, and behind every unpaid contractual certificate are Nigerian businesses, employees, and supply chains.
Nigeria Airways, it was reported, was officially wound up in 2004, leaving its workers without the promised severance payments.
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