4.3 C
New York
Thursday, April 25, 2024
HomeNewsAfricaFAAN Set To Downsize, 600 Workers To Lose Jobs

FAAN Set To Downsize, 600 Workers To Lose Jobs

No fewer than 600 workers of the Federal Airports Authority of Nigeria, FAAN, are set to lose their jobs. Those who will be mostly affected will be the ones without a proper employment letter and those who have put in at least 25 years into the service.

According to a source who spoke to an online tabloid, the downsizing is one of the conditions put forward by a would-be concessioner to the Lagos, Abuja, Port Harcourt and Kano airports.

As at December 2015, FAAN had a total staff strength of 5,308. The number is split among technical, 1,153 (representing 21.72 percent); non-technical, 4154 (78.26 percent) and Executive staff, 1 (0.02 percent).

The agency as at last December had over N30 billion in pension liabilities that were unfunded, while indebtedness of airlines to the agency has negatively impacted its finances and limited its ability to be self-sustaining.

Advertisements

In apparent preparation for the weeding out of old hands, FAAN in the last couple of months has engaged the services of staff in the announcement unit, security, commercial and protocol, among others. No fewer than 250 staff have been engaged in the past six months by the agency.

Nigeria’s recession has led to the loss of millions of jobs in the economy.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari