From left: Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa- Utse; Minister of Finance Zainab Ahmed; Permanent Secretary, Federal Ministry of Education, Sunny Echono; and Executive Secretary TETfund, Abdullahi Baffa, at a press briefing in Abuja yesterday, where the minister announced federal government’s approval for the immediate release of N22.68b to Nigeria Airways ex-workers and N20b to address the impending strike by the Academic Staff Union of Universities (ASUU), over the funding of public universities
The Federal Government has released N22.68 billion to settle part of the retirement benefits of former workers of the defunct Nigeria Airways.
The government has also approved the release of N20 billion to revitalize public universities in line with demands of the Academic Staff of Universities.
The minister, who announced the setting up of a nine member committee to verify the claims of the ex-workers, said the money approved was 50 per cent of their N45 billion benefits.
“As a result of the delays in settlement of these benefits, many ex-workers have been thrown out of their houses, their children have been unable to attend school, and others have lost their businesses, fallen ill or indeed, passed on. This unfortunate situation cannot be allowed to continue under a responsible administration.
“It is on this basis that Mr President has approved the immediate release of N22.68 billion being 50 per cent of N45.3 billion total entitlements of the ex-workers of the Nigeria Airways Limited in liquidation”, she said.
Ahmed said that the nine member committee is headed by Mohammed Dikwa, Director of Presidential Initiative on Continuous Audit.
Others would be drawn from the Office of the Head of Service, ministries of Aviation and Finance, Bureau of Public Enterprises, Accountant-General office, Pension Transitional Arrangement Directorate, the ex-workers union, and the Budget Office.