The Federal Airports Authority of Nigeria (FAAN) is set to slash salaries of its workers as from May 2020 until the economy returns to normalcy.
The authority made this known in an internal memo dated May 19, 2020, and signed by its General Manager, Administration, M.D. Musa.
Musa said the decision to cut its workers’ salaries is due to the dwindling revenues occasioned by the suspension of both local and international flights in April to curb the spread of COVID-19 pandemic.
He added that the authority may not be able to pay a full salary of staff, saying that the measure was to ensure the survival of the organization.
Musa, however, assured that as soon as the revenue situation improves, the balance would be paid.
He noted that Junior staff would be paid their full salary while Senior staff from levels 10 and above would take between 30 to 50 percent pay cut.
POLITICS NIGERIA reports that the aviation industry has faced a downturn with the COVID-19 pandemic and the subsequent flights restriction as part of the measures to contain the spread of the virus.
Many airlines had since April cut salary staff by as much as 80 percent in addition to asking their workers to proceed on compulsory leave without pay.