Headline

Buhari Approves Payment of N22bn to Nigerian Airways Retirees

Published

7 years ago

September 24, 2018

Eric

The Federal Government has approved the sum of N22.68bn for the payment of retirement benefits to former workers of liquidated Nigerian Airways Ltd.

The amount which was approved by President Muhammadu Buhari is about 50 per cent of the N45.3bn entitlements of the former workers of the company.

The Minister of Finance, Mrs Zainab Ahmed said this on Monday in Abuja during a press briefing held at the headquarters of the Ministry of Finance.

Apart from the N22.8bn for the former aviation workers, she said that the sum of N20bn was approved for the education sector.

She said, “Upon my resumption of office as the minister of finance,some pending fiscal issues in the aviation and education sectors were immediately brought to my attention.

“As such, I took it as a challenge to quickly address key issues regarding the settlement of existing claims in both of these sectors.

“Consequently, upon this, I am happy to inform you that Mr President has graciously approved the sum of N22.68bn and N20bn to aviation and education sectors respectively.”

The minister said the initial outstanding retirement benefits due to ex-workers of the Nigerian Airways based on their submission was N78bn.

She said after a verification exercise by the Presidential Initiative on Continuous Audit and other relevant stakeholders in line with the condition of service of the liquidated Nigerian Airways Ltd, it was the sum of N45bn was agreed as the total retirement benefits to the affected staff.

“The ex-workers of Nigeria Airways Ltd in liquidation were not paid their retirement benefits for the past 15 years despite the liquidation.”

The Punch

Headline

Tinubu Mourns Demise of Former President Buhari, Summons Emergency FEC Meeting

Published

1 day ago

July 14, 2025

Eric

President Bola Tinubu has received with profound sorrow and a heavy heart, news of the passing of his predecessor in office, Muhammadu Buhari.

Buhari died on Sunday in a London hospital after an undisclosed illness.

In a tribute message he personally signed, President Tinubu said Buhari was to the very core, a patriot, a soldier, a statesman.

“He served Nigeria with unwavering dedication, first as a military leader from January 1984 to August 1985, and later as a democratically elected President from 2015 to 2023. Duty, honour, and a deep commitment to the unity and progress of our nation defined his life.

“He stood firm through the most turbulent times, leading with quiet strength, profound integrity, and an unshakable belief in Nigeria’s potential. He championed discipline in public service, confronted corruption head-on, and placed the country above personal interest at every turn.

“In this moment of national mourning, I extend my deepest condolences to his beloved wife, Aisha, with whom I have been in constant touch, his children, the entire Buhari family, and all who knew and loved him.

“I also extend my condolences to the government and people of Katsina State, most especially the people and traditional leaders of Daura Emirate.

“We honour his service. We reflect on his legacy. And we pray for the peaceful repose of his soul,” Tinubu’s statement read in part.

As a mark of respect to the former Nigerian leader, Tinubu directed that all national flags fly at half-staff across the country for seven days from today.

He said that he has also summoned an emergency Federal Executive Council (FEC) session on Tuesday, dedicated to Buhari’s honour.

Tinubu added that the Federal government will accord President Buhari full state honours befitting his towering contributions to our country.

“May Allah forgive his shortcomings and grant him Al-Jannah Firdaus.

“And may his life continue to inspire generations of Nigerians to serve with courage, conviction, and selflessness,” the statement added.

Headline

Former President Muhammadu Buhari is Dead

Published

2 days ago

July 13, 2025

Eric

President Muhammdu Buhari is dead.

His former aide, Bashir Ahmad announced the passing of the former president on X.

Headline

Akpabio Relieves Natasha of Committee Chairmanship Position, Appoints Akwa Ibom Senator As Replacement

Published

5 days ago

July 10, 2025

Eric

Senate President, Godswill Akpabio, has replaced suspended Senator Natasha Akpoti-Uduaghan, as the Chairman, Senate Committee on Diaspora/Non-Governmental Organisations.

In her place, Akpabio named Senator Bassey Aniekun Etim (Akwa Ibom -East).

The Senate President, who made the announcement on the floor in Abuja on Thursday, did not give any reasons.

The committee position had remained vacant since March when the Senate suspended the Kogi-Central Senatorial District lawmaker for six months for flouting the Senate’s rule on the seating arrangement and seat allocation.

The suspended lawmaker, at a point, chaired the Senate Committee on Local Content before Akpabio reassigned her to the Committee on Diaspora/NGO, shortly before she ran into trouble with the Senate over her conduct on seat allocation.