Academic Staff Union of University (ASUU)

FG and ASUU meeting: FG to give varsities N1.1trillion in 5yrs?

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On the Monday November 4th, President Jonathan met with officials of the Academic Staff Union of Universities, ASUU, over the on-going Asuu strike. After the meeting, ASUU officials said they would relay the outcome of the meeting later this week after consulting with other members of their board.

Outcome of FG & ASUU meeting: FG to give varsities N1.1tn in 5yrs

The Union has not made an official statement yet but Punch is reporting that a key component of the agreement reached by the parties after the meeting was that the Federal Government would  inject N1.1trillion into public universities in the next 5 years. (how many zeros are there in trillion?)

The president of ASUU said the Federal Government would release NGN220billion yearly into the sector beginning from 2014. For the outgoing year, the government will only release N100bn and this has been processed.

They also said the strike would be called off anytime next week as we reported here. The calling of the Asuu strike will be determine by the outcome of the ASUU meeting which will be held on the 8th November, 2013.
We can’t wait for the Strike to be called off.
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