Govt Releases N43 Billion To Defunct Airways Workers, Universities

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The Federal Government has released N22.68 billion to settle part of the retirement benefits of former workers of the defunct Nigeria Airways.
The government has also approved the release of N20 billion to revitalize public universities in line with demands of the Academic Staff of Universities.
The Minister of Finance, Zainab Ahmed who made the disclosure in Abuja yesterday, however, said the money for the universities would be released through normal channels while that of the ex-airways workers would be paid after verification.
The minister, who announced the setting up of a nine member committee to verify the claims of the ex-workers, said the money approved was 50 per cent of their N45 billion benefits.
“As you are aware, the ex-workers of Nigeria Airways Limited in liquidation were not paid their retirement benefits for the past 15 years despite the liquidation.

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Pete Morgan

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