Government Releases N163 million to Universities.

Government Releases N163 million to Universities
Government Releases N163 million to Universities

The Federal Government has said that it has released N163 billion to the universities from the Tertiary Education Trust Fund (TETFund), but striking academics are stalling in calling off their strike.Sen. Chris Ngige, Minister of Labor and Employment, said this while addressing newsmen after a closed-door reconciliatory meeting with leaders of Academic Staff Union of Universities (ASUU) on Monday in Abuja.

According to Ngige, today we have agreed to fund revitalization. He said, “Government has released about N163 billion from TETFund account to universities. So, we have gotten some substantial agreement in most of the areas of the agreement. Most of the issues have been resolved, so they are going to go back to their members and present government’s offer to their council.”

Ngige also said that the striking lecturers were not asking for N50 billion before they would call off the strike. He, however, added that if the total amount of the union’s demand was aggregated it would be more than the N50 billion as the government was paying in different compartments.

Earlier, the minister had said that President Muhammadu Buhari had mandated him to ensure that all issues concerning the ongoing strike in the university system were resolved.

Also, Prof. Biodun Ogunyemi, ASUU President, said that there were still some grey areas in the proposal presented by the Federal Government. He said the union would look at the grey areas and would get back to the government.

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