Federal Government Disburses Severance Packages to 2,100 Former Nigeria Airways Employees After 20-Year Wait
In a significant move, the Federal Government has begun the disbursement of severance benefits to 2,100 former employees of Nigeria Airways, bringing closure to a two-decade-long wait. An additional 600 workers are anticipated to receive their benefits shortly, marking a crucial step towards rectifying past injustices.
The Abuja Times

After more than twenty years of uncertainty and financial distress, the Federal Government of Nigeria has finally initiated the payment of severance benefits to 2,100 former workers of Nigeria Airways. This long-awaited action follows the airline's liquidation in 2003, which left many employees without their rightful dues and has been a point of contention for decades.
The announcement comes as a relief to the affected employees, many of whom have faced significant hardships during the prolonged wait for their severance packages. The government has also indicated that an additional 600 former employees are expected to receive their benefits soon, further alleviating the burden on those who served the national carrier.
“This is a long-overdue resolution for many who dedicated their careers to Nigeria Airways,” stated a representative from the Ministry of Aviation, highlighting the government's commitment to rectifying past grievances.
This development marks a notable shift in the government's approach to addressing the financial and emotional toll experienced by the former workers. Stakeholders have emphasized the need for prompt action and transparency in the disbursement process to ensure that all entitled employees receive their benefits without further delay.
The liquidation of Nigeria Airways was a significant event in Nigeria's aviation history, and the subsequent delay in severance payments has raised questions about the treatment of employees in the sector. As the government takes steps to resolve this issue, it is crucial that similar situations are prevented in the future through better policy frameworks and support for workers.
Share this article with your network
Broadcast directly to WhatsApp communities and news circles.
The Abuja Morning Dispatch
Get the capital's most important political investigations, cabinet decisions, and economic intelligence delivered to your inbox every morning.
About The Abuja Times
Super Admin & Lead Director
Related Dispatches in Business
NCGC Secures N64.13 Billion in Loan Guarantees for Businesses and Individuals
The Nigerian Commodity Exchange (NCGC) has announced a remarkable N64.13 billion in loan guarantees aimed at supporting both businesses and individuals across the country. This initiative has successfully reached 174,495 borrowers spanning all 36 states and the Federal Capital Territory.
GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs
Guaranty Trust Holding Company (GTCO) has announced a 12% drop in profit for the first nine months of the year, attributing the decline to soaring interest expenses that surged by nearly 28%. Despite an increase in interest income, the financial services group is grappling with the pressures of rising operational costs.
UBA Pursues Legal Action Against WEMPCO Directors in N61bn Loan Recovery Effort
United Bank for Africa (UBA) has intensified its efforts to recover a N61 billion loan from WEMPCO, seeking prison terms for the company's directors over alleged court order violations. The bank accuses WEMPCO of utilizing intimidation tactics to obstruct the recovery process, demanding compliance with court directives.




