Business Nigeria: Foreign Airlines to Embark on Massive Sacking of Workers

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At least 2000 Nigerians working in the aviation sector are going to lose their jobs if the current situation persists, the National Union of Air Transport Employees, NUATE, has revealed.

The association said foreign airlines plan to carry out the sacking exercise due to CBN's rule on restrictions of Forex and funds transfer which prevents them from transferring their salaries to their respective home countries to take care of basic needs.

“The reason being adduced for this danger is that their earnings in the past year is under lock with the Central Bank of Nigeria, CBN , as they are unable to transfer these earnings to their respective home countries to meet operational costs in accordance with international rules.” a letter addressed to the Minister of State for Aviation, Senator Hadi Sirika by Acting General Secretary of NUATE, Comrade Olayinka Abioye said.

“Following concerns raised recently by leaders of these workers and other stakeholders and in appreciation of the good intent of the government’s fiscal policy, we humbly make this clarion call for your (Minister) intervention to grant foreign airlines concession to repatriate their proceeds to their home countries,” he said.

“We hasten to place on the front burner an emerging threat confronting over 2, 000 private sector aviation workers in Nigeria which requires your intervention to forestall imminent loss of jobs of these number of workers,”.


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