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Aero Contractors suspends workers indefinitely

Nigeria’s second largest commercial airline, Aero Contractors, has sent its workers involved in scheduled services on indefinite leave due to the country’s harsh economy.
In a statement, the management of the airline announced the suspension of its “schedule services” from September 1, 2016.

The statement said the depreciation of naira within the last six months has made it impossible for the airline to achieve its operational targets. According to Aero, the suspension was part of the strategic business realignment to reposition and return the airline back to profit making.
The airline said, “The impact of the external environment has been very harsh on our operational performance, hence management decision to suspend scheduled services operations indefinitely effective September 1, 2016, pending when the external opportunities and a robust sustainable and viable plan is in place for Aero Contractors to recommence its scheduled services.

“The implication of the suspension of scheduled services operations extends to all staffs directly and indirectly involved in providing services as they are effectively to proceed on indefinite leave of absence during the period of non-services.“We are aware of the impact this will have on our staff and our highly esteemed customers, hence we have initiated moves to ensure that we are able to return back to operations within the shortest possible time, offering reliable, safe and secure operations, which the airline is known for.

Source: Daily Post

Kwara to pay workers

The government of Kwara State has said it will pay workers despite its lean purse.

It added that it will augment the August 2016 federal allocation to local government councils with N180 million to ensure workers were paid. 

Commissioner for Finance Alhaji Demola Banu, who addressed reporters after the August meeting of the Joint Account Allocation Committee (JAAC) in Ilorin, yesterday, said the August statutory allocation for the 16 councils stood at N1,014,706,902.57, with an exchange gain difference of N132,284,863.09 and refund of bank charges of N5,680,991.19.

 

The commissioner explained that the fund was appropriated in line with laws guiding the local government account, which included LG and LGEA pension N109,255,955.11 (10 per cent), Internally Generated Revenue (IGR) from the government N59,400,000, among others. Senior Special Assistant on Media and Communications to the governor Dr. Muideen Akorede restated the government’s commitment to solving the lingering salary crisis.

Source:  The Nation