FG pays N4.25bn to additional 600 Nigeria Airways beneficiaries
The Federal Government has paid ₦4.25 billion in outstanding pension and severance benefits to an additional 600 beneficiaries of Nigeria Airways Limited, bringing the total number of beneficiaries paid across 11…
Nigeria Airways, once the country's national carrier, was liquidated in 2003, leaving thousands of former staff with unpaid pensions, gratuities and severance entitlements. Successive administrations pledged to settle these liabilities, but payments have trickled out in batches over nearly two decades, with affected workers and unions repeatedly protesting delays and demanding full and transparent settlement of all outstanding claims.
This latest disbursement continues that phased payment process, with both Tribune Online and Punch reporting that the Federal Government released N4.25bn to 600 additional beneficiaries, part of a cumulative payout spanning 11 rounds. Neither report specifies how many former workers remain unpaid, the total liability still owed, or a timeline for concluding the exercise — details likely to surface as the government moves to close out the long-running issue.