Waiting for national air carrier
In 2003, the Olusegun Obasanjo administration liquidated Nigeria Airways, the government-owned national carrier, because it had failed as a business.
Ex-Nigeria Airways workers optimistic of receiving balance of entitlements
Ex-workers of Nigeria Airways Limited on Tuesday expressed optimism that the N22.4 billion balance of their entitlements would be paid soon, following the signing of the 2019 Budget by President Muhammadu Buhari.
Nigeria Airways’ workers to get 50 per cent pensions balance, Minister Sirika assures
The false start in setting up a new national carrier notwithstanding, Minister of State for Aviation, Hadi Sirika, has reeled out achievements of the aviation industry, among them new infrastructure, pension arrears and zero accident. WOLE OYEBADE was there. Excerpts: As an aviator, how would you assess the performance of the aviation industry lately? As…
Nigeria air hasn’t failed, it just had some roadblocks, says Aligbe
It means all gratitude to God because there is no how one could live as long as that without realising that life is given by God, and so all gratitude to Him. What it means is that it gives one so much opportunity to reflect on God and life....
SAHCOL offers N406m in first IPO after four years
Hopes of a return of the era of Initial Public Offerings (IPO) were rekindled last week, after four years of zero record, with the offer for sale of SAHCO Plc’s 406,074,000 ordinary shares of 50 kobo each at N4.65 per share. The company, which is one of the foremost aviation handling companies in Nigeria,…
FG begins payment of N22.6bn to defunct Nigeria Airways workers
The Federal Government will on Monday, October 15, 2018 begin the final verification and payment of entitlements to former workers of the defunct Nigeria Airways. According to a statement by Paul Abechi, the special adviser on media and communications to the finance minister, the payment will last one week simultaneously across Lagos, Kano and Enugu…
Nigeria Airways ex-workers accept N22.68b, await N55.62b balance
Ex-workers of the defunct Nigeria Airways, yesterday, okayed the grant of N22.68 billion recently approved by the Federal Government, though in anticipation of N55.62 billion balance.
N22bn entitlements: Nigeria Airways pensioners set for fresh verification
Ex-workers of the defunct Nigeria Airways Limited (NAL) are getting set for a fresh verification following the Federal Government’s approval of N22.6 billion for the payment of their entitlements. Mr Godwin Jibodu, the Chairman, Nigeria Airways Elders Forum, confirmed the development on Wednesday at a meeting of the pensioners of the former national carrier at…
Government gives Airways ex-workers N22.7b, ASUU gets N20b
The Federal Government has approved the release of N22.68 billion to workers of the defunct Nigeria Airways and N20 billion to the Academic Staff Union of Universities (ASUU).
Buhari approves payment of N22.68 billion for Nigeria Airways retirees
Nigerian president Muhammadu Buhari on Monday approved the sum of N22.68 billion for the payment of retirement benefits to former workers of liquidated Nigerian Airways Ltd.
How Nigeria Airways ex-workers’ N45b benefit got stuck again
The outstanding benefits of Nigeria Airways’ workers recently got a hearing at the National Assembly, but in a manner that only raised false hopes. WOLE OYEBADE writes on the fresh huddle and prospects of a respite for over 5000 senior citizens. Rumour of the Senate’s approval of N45 billion brought a huge sigh of relief…