There are strong indications that the ASUU strike may be called off soon. This follows the approval of over N35.4 billion for the striking Academic Staff Union of Universities (ASUU). This was part of the resolution reached Monday night during the meeting between the FG and the leadership of ASUU at the Conference Hall, Ministry of Labour and Employment, Abuja.
The Federal Government announced that Federal Ministry of Finance and Accountant General of the Federation have confirmed payment of N15.389.940,335.71 billion to accommodate payment of shortfall in all institutions that are Presidential Initiative of Continuous Audit, PICA varied.
Minister of Labour and Employment who disclosed this at the end of the meeting said the money was remitted on the 31st December, 2018. Ngige also said that President Muhammadu Buhari has approved the payment of N20 billion for payment of outstanding arrears of the 2009 and 2012 Earned Academic Allowances to the already verified university system.
According to him, the money is being worked on and will be released to ASUU when the process is completed.
The ASUU President, Prof. Biodun Ogunyemi, ASUU President who confirmed the agreement however noted that some of the proposals from government requires further consultation with ASUU members.
ASUU is expected to return back to Government between Wednesday, 9th or Thursday, 10th January, 2019 to sign relevant agreements reached by the parties.