Peionews

FG Pays ₦4.25 Billion to 600 More Former Nigeria Airways Staff

FG Pays ₦4.25 Billion to 600 More Former Nigeria Airways Staff

By Elizabeth Ugbo

The Federal Government has paid ₦4.25 billion in outstanding pension and severance benefits to 600 additional former Nigeria Airways staff, according to the Federal Ministry of Finance. The payment covers batches 10 and 11, bringing the total number of beneficiaries to 3,300 across 11 batches. Meanwhile, the government continues verifying claims from next of kin to ensure eligible beneficiaries receive their entitlements.

FG Pays ₦4.25 Billion to 600 Beneficiaries

The Federal Ministry of Finance confirmed the latest disbursement in a statement. It explained that the ₦4.25 billion payment covers the 10th and 11th batches of former Nigeria Airways employees.

Consequently, the total number of beneficiaries has risen to 3,300 since the payment exercise began.

Previous Payments Covered 2,700 Former Workers

The first nine batches covered 2,700 former Nigeria Airways staff. However, the latest payments have extended the exercise to another 600 beneficiaries.

The disbursement represents the government’s continued effort to settle outstanding pension and severance obligations to former employees of the defunct national carrier.

Verification of Next-of-Kin Claims Continues

Meanwhile, the Ministry of Finance has assured claimants that verification of applications from next of kin remains ongoing.

The ministry explained that it would pay more eligible beneficiaries once officials confirm their records.

Therefore, applicants awaiting payment should ensure their claims undergo the necessary verification process.

The government says the exercise will continue as officials identify and confirm additional eligible beneficiaries.

Avatar photo
Content & Publishing Desk Head

    Related Articles

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.