Business

 Pensioners give FAAN 14-day ultimatum over benefits

The pensioners of the Federal Airports Authority of Nigeria (FAAN) have given the management of the agency 14 days to address the withdrawal of some of their benefits or face industrial unrest. The pensioners, under the aegis of Nigeria Union of Pensioners, alleged that the new management stopped the emoluments which they had enjoyed for the past 14 years.

They warned that all pensioners of the agency would be fully mobilised on August 6, 2019 for a showdown with the management of the agency in all its branches across the country. The ultimatum is coming on the heels of a meeting held on July 24 with the ad-hoc committee put in place by the Managing Director, Capt. Hamisu Yadudu, to look into the issue with the pensioners.

The National Chairman, FAAN NUP, Rasaki Ope, and National Secretary, Emeka Njoku, said the review was taken with reasons. They also called for the implementation of the 33 per cent increase on current pension to be used for them based on the Federal Government circular, adding that for over 10 years, the management had refused to review the pension as against the five years requirement for review. PUNCH