FG okays N5bn compensation for defunct Nigeria Airways workers

The Federal Government is set to fulfill its commitment to settle the outstanding severance package for former Nigeria Airways employees.

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, made this disclosure on the sideline of a stakeholders forum in Lagos, confirming the government’s intention to clear the last tranche of monies owed to the ex-workers.

The payment initiative was initiated by the Presidential Initiative on Continuous Audit, PICA, in 2019. Approximately N5 billion has been allocated for this purpose, benefiting around 1,000 former Nigeria Airways employees.

While specific financial details were not disclosed by Keyamo, he assured that the federal government has taken the matter seriously, and the ex-workers will soon receive the remaining portion of their severance pay.