N15.89Billion released to ASUU by FG to end strike, ASUU strike update Wednesday 2nd; JAN 2019 FG provides funds to meet ASUU demands.
The protacted strike by the Academic Staff Union Of Universities(ASUU) may; soon; to be called off on wednesday.
Minister of Labour and Employment, Dr.Chris Ngige, who gave the hint in Onitsha,Anambra State said; that funds had been provided; to meet most; of the demands of the union.
He said; the Federal Government would make necessary efforts to ensure that the strike comes to an end this January.
The Federal Government; had released N15.89billion to universities on New Year’s Eve(Monday) for the payment of shortfall in salaries of universities”,
The cash; is expected to hit the account; of all the institutions on or before; the close of work today (Wednesday)”,He added;,pleading not; to be named.
“The government has; also set aside N20billion as revitalisation funds for varsities.
The National Universities Commission; (NUC), has been directed; to work out the modalities for allocating the funds to all institutions.