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Arik Air Pays Staff as Low as N40,000, 90% of Staff Likely to go

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The Ongoing Negotiation Between Arik Staff and Arik Management Breaks Down

Despite some of the staff earning as low as N45,000 or even N40,000, Arik Air management proposed to pay 50 percent of basic, transport and housing multiplied by the number of years one has been in Arik Air, stated Innocent Atasie, the Chairman of the Air Transport Services Senior Staff Association of Nigeria, Arik Air.

Also, it was revealed that none of the reasons the staff embarked on strike on September 14th, 2020 had been met.

Therefore, Atasie said some of the staff maybe sack as the airline presently does not have the financial capacity to absorb about 90 percent of staff who are still at home since the COVID-19 lockdown.

He said, “They offered us 50 per cent of our basic, transport and housing multiplied by the number of years one has been in Arik Air. Arik Air salary is very poor. We have people that earn as low as N40,000- N45,000.

Atasie also raised an alarm over unremitted pensions as about 19 retired persons are yet to receive the pensions.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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