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FG to disburse N22.72bn earned allowances to university staff

The Federal Ministry of Finance and National Planning has announced the disbursal of the sum of N22.72 billion naira to university staff as payment for their earned allowances.

The announcement was made by the Minister of Labour and Productivity, Chris Ngige, who confirmed that the federal government are making plans to commence the disbursement on Wednesday.

Speaking in an interview on Channels TV, the Minister revealed that the federal government is certain that the Academic Staff Union of Universities (ASUU) will not embark on the strike as warned.

Recall that on Monday, the president of ASUU, Victor Osodeke, said the union will embark on another strike if the government failed to keep to their promises.

Read Also: Strike looms in varsities as ASUU gives FG three-week ultimatum over lingering demands

Mr Ngige said the government had already fulfilled the payment of the first tranche in January and was about to pay another N22.72 billion earned allowances.

He added that the N30 billion revitalization fund is already in the account of the National University Commission and ready for disbursement to the schools.

“What was agreed last year has been paid. These are subsequent payments that are due. That one has been paid in January February. This is the second tranche we are paying, N22.72 billion for this tranche. The N30 billion for revitalization is also in the CBN account.”

“Up till now, I have not gotten any communication from them. But that is not to say that I have not seen them addressing press conferences that they have issued an ultimatum. One of the mandates of the ministry is to stem industrial dispute,” he said.

Speaking about the state of government owned schools he said, “It is not the way it is being painted. I have my children in some of the schools. One of them recently graduated.”

The minister stressed that funding of universities cannot be left in the hands of the government alone.

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