• Contact Us
  • About Us
Friday, November 6, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Liquidation of Nigeria Airways based on wrong advice, says veteran pilot

metro by metro
January 10, 2019
in Economy
0
0
SHARES
0
VIEWS

Nigerian AirwaysCapt. Dele Ore, a former Director of Operations, Nigeria Airways, on Thursday said the liquidation of the defunct national carrier by the Federal Government was based on wrong advice.

The News Agency of Nigeria (NAN) reports that Ore made the remark in Lagos while speaking with newsmen after the unveiling of his book titled: “The Learned Commander’’, to mark his 75th birthday.

Read Also

Tinubu Drops $20.5bn Plan, Seeks $7.7bn Loan To Fund 2026 Budget Deficit

Tinubu’s Economic Reforms Have Favoured The Rich, Worsened Poverty – Atedo Peterside

Fed Officials Make Case For Rate Hikes Amid Ongoing Inflation Concerns

He expressed sadness over the liquidation of the airline in 2004 by President Olusegun Obasanjo’s government without paying the workers their severance packages.

Ore said: “Nigeria Airways was all I know in my entire life. In fact, someone boasted that once they remove an aeroplane from me, I will be empty.

“I retired shortly before the airline was liquidated by the Federal Government.

“The government was ill-advised. It was a costly mistake. To liquidate the airline and not settling the staff was another crime against the staff.

“However, former President Umaru Yar’Adua did a bit by paying the five years severance packages but Jonathan who was his vice, when he took over did not do anything for the workers.’’

He, however, lauded President Muhammadu Buhari for paying a part of the severance package but lamented that he and a few others who retired before the airline was liquidated were still not properly paid their dues.

“What the government paid recently was just the tip of the iceberg. I for one, I have not been settled. I only received a part of what I am entitled to.

“I, however say kudos to the President (Buhari) but more still need to be done. This has allowed me to launch my book, which I have been writing in the past eight years.

“This is my ninth book. The book will be launched properly on March 28, ‘’ the aviation expert said.

Ore, a former President of the Aviation Round Table (ART), added that the government’s plan to float another national carrier (Nigeria Air), would be difficult until ex-workers of Nigeria Airways were completely settled.

NAN reports that Buhari had in October 2018 approved the payment of N22. 6 billion to former workers of the defunct national carrier as part payment of their entitlements.

The funds were disbursed to the beneficiaries after verification exercise conducted by the Presidential Initiative on Continuous Audit (PICA) in Lagos, Kano and Enugu respectively.

Tags: Liquidation of Nigeria Airways
Previous Post

Lagos Assembly passes bill to establish Local Government Service Commission

Next Post

Naira loses marginally against dollar at parallel market

Related Posts

Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days
Economy

Tinubu Drops $20.5bn Plan, Seeks $7.7bn Loan To Fund 2026 Budget Deficit

November 4, 2026
Tinubu’s Economic Reforms Have Favoured The Rich, Worsened Poverty – Atedo Peterside
Economy

Tinubu’s Economic Reforms Have Favoured The Rich, Worsened Poverty – Atedo Peterside

November 4, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
Economy

Fed Officials Make Case For Rate Hikes Amid Ongoing Inflation Concerns

October 31, 2026
South African Economy 5% Bigger After Rebasing, Moving Further Ahead Of Nigeria
Economy

South African Economy 5% Bigger After Rebasing, Moving Further Ahead Of Nigeria

October 30, 2026
Next Post
Naira

Naira loses marginally against dollar at parallel market

Nigeria Make History, Beat Brazil To Reach Women U-17 World Cup Final

Nigeria Make History, Beat Brazil To Reach Women U-17 World Cup Final

November 4, 2026
Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days

Tinubu Drops $20.5bn Plan, Seeks $7.7bn Loan To Fund 2026 Budget Deficit

November 4, 2026
Explainer: What Does Trump’s ‘Country Of Particular Concern ’ Tag On Nigeria Mean?

Trump Acknowledges Role Of Iran War In Democratic Sweep In Midterm Elections

November 4, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version