From Premium Times Nigeria · Mariya Shuaibu Suleiman · · 1m 40s
FG pays N4.25bn to 600 former Nigeria Airways workers
Federal government settles N4.25bn pension claims for 600 former Nigeria Airways employees.
In brief
Federal government settles N4.25bn pension claims for 600 former Nigeria Airways employees. Federal government paid N4.25 billion in pension and severance benefits to 600 former Nigeria Airways workers, bringing total beneficiaries to 3,300 across 11 batches. Originally reported by Premium Times Nigeria.
Government payment update
Federal government paid N4.25 billion in pension and severance benefits to 600 former Nigeria Airways workers.
Total beneficiaries
This brings the total number of beneficiaries paid to 3,300 across 11 batches of payments.
Previous payments
The first nine batches covered 2,700 beneficiaries with benefits totaling N18 billion.
Latest disbursement
The latest payment covers the 10th and 11th batches of beneficiaries.
Total payments
The reported gross payments amount to N22.25 billion across all batches.
Historical context
Nigeria Airways ceased operations in 2003 and was liquidated in 2004.
Unpaid obligations
The National Assembly Joint Committee on Aviation reported N36 billion owed to former workers in January 2025.
Deceased workers
The Ministry of Finance said verification of claims for deceased workers' families is ongoing.
Payment process
The ministry will continue processing verified claims to ensure payments to eligible beneficiaries.
Financial relief
The payments provide financial relief to former workers who waited years for their entitlements.
Ongoing dispute
The dispute has continued through successive administrations since 2003.
Total liability
The government did not disclose the total amount paid across all batches or outstanding liability.
Financial impact
The payments help resolve verified outstanding claims for former Nigeria Airways employees.
The one thing
Federal government paid N4.25 billion in pension and severance benefits to 600 former Nigeria Airways workers, bringing total beneficiaries to 3,300 across 11 batches.
