FG Releases N4.04 Billion For Ex-Nigeria Airways Workers

FG Releases N4.04 Billion for Ex-Nigeria Airways Workers

The Federal Government has released N4.04 billion to address outstanding entitlements owed to former workers of the defunct Nigeria Airways, in a move aimed at easing the financial burden on affected retirees. The release represents part of the government’s efforts to settle outstanding obligations to former employees of the national carrier, which ceased operations in 2003 following years of financial difficulties. The development is expected to provide relief to eligible former workers who have continued to seek the payment of their outstanding benefits since the airline’s collapse. Nigeria Airways, once the country’s national carrier, played a significant role in domestic and international aviation before its operations were discontinued. Its closure left thousands of workers facing uncertainty over salaries, pensions, gratuities and other employment-related entitlements. Successive administrations have made efforts to address outstanding payments to former employees, although the settlement process has extended over several years. The latest release underscores the government’s continuing responsibility to address verified liabilities arising from the airline’s liquidation and support former workers who are entitled to outstanding payments. The payment is also significant for affected retirees who depend on their employment benefits to meet their living expenses. However, details regarding the number of beneficiaries covered by the N4.04 billion release, the categories of entitlements being paid and the disbursement schedule were not available in the information provided.The government is expected to provide further details on the implementation of the payment and the process through which eligible former workers can access their entitlements.