The payment of N40 billion earned academic allowances of members of the Academic Staff Union of Universities (ASUU) has been released by the federal government.
This was confirmed by Dr. Chris Ngige, minister of labour and employment over the weekend in an interview with The Nation.
According to the report, the earned allowance released is for university lecturers and non-academic staff.
Out of the N40 billion, about N10 billion was voted for the payment of earned allowances of members of the Senior Staff Association of Nigerian Universities (SSANU), Non-Academic Staff Union (NASU), and technologists.
The Nigerian government is expected to release N30 billion revitalisation funds to varsities by the end of this month.
The minister speaking further revealed that the ‘no work, no pay’ Trade Act for striking university lecturers was waived by President Muhammadu Buhari to allow peace to reign.
Ngige explained that the federal government has so far kept faith with the agreement between it and ASUU.
In a related development, members of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of Educational and Associated Institutions (NASU) had announced an indefinite strike action.
The two bodies, last Friday announced that all their chapters across all universities and inter-university centres will begin to strike on Friday, February 5.
In a statement released to pressmen, the bodies said they are giving a two-week notice and ultimatum to the federal government to entertain their demands.For information on Press Releases, Photos, Promotional Events and Adverts, Please Call or Send a Text to 09052129258, 08124662170 or send an email to: email@example.com