File photo: The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele.
The Federal Government has commenced the payment of N18bn in outstanding severance benefits to 2,700 former workers of the defunct Nigeria Airways, more than two decades after the national carrier was liquidated.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this on Friday during a press briefing at the Federal Ministry of Finance in Abuja.
Oyedele said 2,100 former workers in batches one to seven had already been paid, while another 600 beneficiaries in batches eight and nine had been cleared for payment.
“Altogether, this represents N18bn in benefits for 2,700 former workers,” he said.
