…. It was all joy as President Buhari approves N22 billion for the Nigeria Airways retirees –
….. The development was confirmed by the ministry of finance through its Twitter handle
……The good news was also shared by the media aide to the president on digital media, Tolu Ogunlesi
Succor has finally come the way of the over 1,000 ex-staff of the liquidated Nigeria Airways Limited as President Mohammedu Buhari has approved the release of N22.68 billion to pay a percentage of the amount owed the ex-staff.
The Ministry of Finance on Monday, September 24, disclosed that a sum of N22.68 billion has been released as a retirement benefits for workers who retired from the Nigeria Airways, NAL.
The release of the funds was approved following the directives given by President Muhammadu Buhari.
Reports indicates that an initial amount of N78 billion was submitted by the workers as their benefit, though an amount of N45 billion was eventually agreed between the ex-workers and the government.
On Twitter by the spokesperson to the president on digital communication, Tolu Ogunlesi, and contained in tweet available on the ministry’s Twitter page. It reads: “President Muhammadu Buhari has graciously approved the immediate release of N22.68billion & N20billion as retirement benefits of ex-workers of the Nigeria Airways limited (in liquidation) & ASUU’s request for revitalization fund of public universities.
“Regarding the settlement of outstanding retirement benefits due to the ex-workers of the Nigeria Airways, the initial submission for their retirement benefits was N78 billion. “This amount was verified by PICA & other relevant stakeholders in line with the conditions of service of Nigeria Airways Limited in liquidation and other extant rules and regulations. At the end of verification, N45 billion was agreed as total retirement benefits of affected staff.”
Meanwhile, President Muhammadu Buhari had directed the ministry of finance and the Central Bank of Nigeria to act appropriately in releasing the second tranche of the London-Paris Club refunds to the states in order to ease their financial hardships.
The president, who addressed the meeting of the National Economic Council (NEC), also made a strong case for settlement of unpaid salaries and pension liabilities of their workers.
naija.com
