By Dipo Olowookere

The Senate on Tuesday approved the payment of N45 billion severance package to former employees of the defunct Nigeria Airways Limited.

The former national carrier of the nation was liquidated by the administration of President Olusegun Obasanjo in 2003 as a result of mismanagement.

But since the company was liquidated, former workers of the airline have not been paid their full entitlements unlike their colleagues of foreign nationals, who worked with Nigeria Airways and were paid their 25 years package after the firm stopped operating.

The Nigerian nationals who worked with the company were first paid for five years by the administration of late President Umaru Yar’Adua.

But since then, they have been begging federal government to clear the remaining 20 years.

However, in the last administration of President Goodluck Jonathan, there were reports that the pensioners would be paid 10 years of the remaining 20 years, but when this present administration of President Muhammadu Buhari came in, he set up a committee, which agreed to pay for only five years.

On September 20, 2017, the Federal Executive Council (FEC) approved the payment of N45 billion to the former workers of Nigeria Airways.

It was then believed that the pensioners would receive their pay before the end of the year, but this was never so.

After so many threats by the pensioners and aviation workers earlier this year, it was later learnt that the money would only be paid after the National Assembly approves the issuance of promissory notes and bond programme planned by the government to raise money for the payment.

Some weeks ago, the parliament finally considered the request of the executive and then set up an adhoc committee to look into it.

Business Post reports that at the plenary yesterday, Senator Francis Alimikhena urged his colleagues to consider the report of the Ad-hoc Committee on the promissory note programme and a bond issuance to settle inherited local debts and contractual obligations on refund to state governments for projects executed on behalf of the Federal Government. This was seconded by Senator James Manager.

During the session, the lawmakers argued that the payment of the severance package to the ex-Nigeria Airways workers was long overdue.

As a result, they resolved to approve the request by the federal government to raise promissory notes and bonds to pay them.

https://www.businesspost.ng/2018/07/25/senate-approves-payment-of-n45b-to-ex-nigeria-airways-workers/

Good News

good development

Saraki Senate as usual is very active and vibrant

Highly welcomed development

Some pple don hamma be that o

a Working Senate

Godbless Sarki

My Papa don hammer

.

The Nigerian nationals who worked with the company were first paid for five years by the administration of late President Umaru Yar’Adua.
But since then, they have been begging federal government to clear the remaining 20 years.


It's high time.....
It's long overdue.
God bless President Musa Yar'adua of blessed memory.
God bless President Muhammadu Buhari.
All the other leaders in between are only after their pockets.
Nigeria will be great AGAIN.


On September 20, 2017, the Federal Executive Council (FEC) approved the payment of N45 billion to the former workers of Nigeria Airways.

It took the lazy and corrupt senators 10 months to confirm what the Federal Government has approved, onky God know how many pensioners died in that time.
Same senators some lazy youths are celebrating for regrouping.

"Only in Nigeria thieves are regrouping to re-LOOT again and youth whose future will be stolen are celebrating it"
.......Wole Soyinka

We: Only Lazy and corrupt youth sir

Nice development.

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Many of them will be smiling to the bank now. Kudos to the senate

post=69701302:
It's high time.....

U bin do barbecue 2day? Cuz i just dey see u for every post 2day

Five years? What is Five years? Mtchew.

We need to see the full list, phone numbers and address of the beneficiaries...


We dont trust the current elements in gonment not to loot the money.

God bless Nigeria

God bless PMB.

Congratulations to all of them, I pray they use the money well

Most people are not reading the post. Just giving unnecessary credit to whom it is not due.

emperor94:
Five years? What is Five years? Mtchew.

mtchww kill you dia!

All because of Nigeria Air to fly successfully?

dem go vex o

OK..., they should also remember NITEL workers as welll.

For sure, good amount of this money will enter voice mail.

Thank GOD for Buhari. Active and Focus

Firefire:
We need to see the full list, phone numbers and address of the beneficiaries...

grow sense fast.
Enemy of progress

4601CE:
grow sense fast.
Enemy of progress

Get behind me

If e like make e pay 1 trillion. Daura must go

Firefire:
We need to see the full list, phone numbers and address of the beneficiaries...

mtschw

Ezenwammadu:
Saraki Senate as usual is very active and vibrant
Highly welcomed development

But, did you read the part that says the Federal Executive council approved it? it's only after FEC's approval that it goes to the Senate. Bias and prejudice will naturally make you ignore that part.

Firefire:
We need to see the full list, phone numbers and address of the beneficiaries...

You want to kidnap them ?