The National Council on Privatisation (NCP), presided over by Nigeria’s Vice President Yemi Osinbajo, SAN has approved the sum of N1.371 billion for the settlement of outstanding redundancy benefits owed aviation workers.
The payment of the entitlements of ex-workers of aviation ground handling service provider – Skyway Aviation Handling Company Plc (SAHCO) was one of the highlights of the 6th meeting of the Council last Friday at the Presidential Villa, Abuja.
The Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, had presented a memo to Council seeking its approval for the payment of the sum due to former SAHCO workers.
The DG also informed the Council of the notice of “peaceful protest” received from ex-workers of SAHCO, who are also members of the National Union of Air Transport Employees (NUATE) and Air Transport Services Senior Staff Association of Nigeria (ATSSAN), on account of the non-payment of their outstanding severance entitlements after the disengagement of the workers from the company following its privatisation in 2009.
The Council gave the approval for the outstanding severance entitlements of the ex-workers to be paid after deliberation on the matter.
The Council also received an update on the development of a 1,650 Mega Watts Hydro Power Plant in Makurdi, Benue State, particularly the inauguration of the Project Steering Committee and the proposed publication on the Expression of Interest for the engagement of a Transaction Adviser for the project.