In a recent statement, Fani-Kayode, a former Minister of Aviation under the Olusegun Obasanjo administration, defended Obasanjo’s handling of the airline’s liquidation. He blamed the airline’s eventual collapse on pre-1999 mismanagement, but has now turned his attention to the FEC’s role in the pension debacle.
According to TheCable, Fani-Kayode claimed that FEC members opposed pension payments for Nigeria Airways employees, leading to a stalemate in 2006. This allegation has not been directly addressed by the NNPC, which took over the airline’s assets after its liquidation.
Vanguard News also reported on this issue, stating that pension payments for Nigeria Airways employees were indeed stalled by the FEC in 2006. This revelation adds weight to Fani-Kayode’s accusations.
Punch Newspapers reported on Fani-Kayode’s defense of Obasanjo over the Nigeria Airways liquidation, but did not mention the FEC’s role in the pension payments. However, the context suggests that Fani-Kayode’s statements regarding the FEC’s actions are a recent development.
This story is important to Nigerian readers because it sheds light on the complexities surrounding the liquidation of Nigeria Airways, one of Nigeria’s most iconic national carriers. The pension payments for the airline’s employees have been a contentious issue for many years, and this new information adds to the ongoing debate.
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