Latest news on nigeria airways pension payment

I'm happy to help you with the latest news on Nigeria Airways pension payment. However, please note that Nigeria Airways ceased operations in 2003, and the airline's assets were liquidated. As a result, there may not be any recent news on pension payment specifically for Nigeria Airways.

However, I can provide some general information on the status of pension payments for former employees of Nigeria Airways. In 2019, the Nigerian government announced plans to pay outstanding pension benefits to former employees of Nigeria Airways, as well as other defunct airlines.

According to reports, the government had set aside N10 billion (approximately $27 million USD) to settle the pension arrears of former employees of Nigeria Airways. The payment was expected to be made in phases, with the first phase covering employees who had been verified and cleared by the National Pension Commission (NPC).

In 2020, the NPC announced that it had paid out N2.5 billion (approximately $6.7 million USD) to 1,500 former employees of Nigeria Airways, as part of the first phase of the pension payment. However, it's unclear whether the remaining phases of the payment have been made or when they will be completed.

It's also worth noting that there have been reports of delays and challenges in the payment process, including issues with verification and documentation. Former employees of Nigeria Airways have been advised to contact the NPC or other relevant authorities for updates on the status of their pension payments.

I hope this information is helpful. If you have any further questions or would like more specific information, please let me know!