The Federal Government has actually launched 4.04 billion as the 2nd tranche of severance advantages to 600 previous workers of the defunct Nigeria Airways Limited, bringing the overall payments revealed up until now to more than 22 billion.
The most recent payment, covering recipients in Batches 010 and 011, follows the 18 billion launched in September 2026 for 2,700 previous employees throughout the very first 9 batches.
The Senior Special Assistant on Communications and Press Secretary to the Minister of Finance and Coordinating Minister of the Economy, Maryann Duke, divulged this in a declaration released on Monday.
According to the declaration, the overall gross severance advantages for the 600 recipients totaled up to 4.251 billion, while reductions stood at 212.55 million, leaving a net payment of 4.038 billion.
The most recent dispensation brings the variety of previous Nigeria Airways employees covered by the 2 revealed payment tranches to 3,300.
The Federal Government stated the payment belonged to its efforts to settle exceptional severance commitments owed to previous workers of the defunct nationwide provider.
It described that the dispensation procedure was being executed in batches, based upon the confirmation of recipients and their work records, to make sure that authorized privileges reached the rightful receivers.
The federal government acknowledged the extended wait experienced by previous workers and their households, including that it stayed dedicated to fixing genuine impressive claims through an organized and transparent procedure.
It likewise stated confirmation treatments would be preserved to protect public funds and guarantee that payments were made in line with recognized treatments.
The Ministry of Finance, according to the declaration, would continue to support the application of accepted federal government commitments through the suitable payment procedure.
Nigeria Airways, the nation’s previous nationwide provider, stopped operations in 2003, leaving impressive staff member privileges amongst the concerns occurring from its collapse.
The most recent release represents an additional action in the federal government’s efforts to attend to enduring monetary commitments to its previous labor force, although the declaration did not show the variety of recipients or the overall quantity staying to be paid.
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