With the confirmation that all the 152 passengers who were on board Dana Air flight 992 last Sunday died in the crash, the airline insurers would have to pay over N2.3 billion in compensation fees to the relatives of the victims.
According to the International Civil Aviation Organisation, ICAO, which regulates air travel in the world, Dana Air through its insurers would have to pay 100,000 US dollars for each passenger that died during the Lagos plane crash.
The money can only be paid to blood relatives of the victims who come to identify their loved ones, including foreigners who perished in the ill-fated plane.
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