In a resolution reached Monday night
between the Federal Government and the leadership of ASUU at the Conference
Hall, Ministry of Labour and Employment, Abuja, the 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.
The 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. “The money is being worked on and will be released to ASUU when the process is completed,” he said. He reiterated government’s resolve to grant permanent licence to ASUU to operate the National University Pension Fund Administrator Company (NUPENCO) that will manage the contributory pension of public universities. To this end, the Minister explained that Federal Ministry of Education has been directed to liaise with National Pension Commission for the release of the permanent licence. Ngige also assured on the resolve of the Buhari administration to offer undisclosed amount from the N220 billion annual revitalisation fund for universities which was agreed during President Goodluck Jonathan’s administration but was reneged on.
The 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. “The money is being worked on and will be released to ASUU when the process is completed,” he said. He reiterated government’s resolve to grant permanent licence to ASUU to operate the National University Pension Fund Administrator Company (NUPENCO) that will manage the contributory pension of public universities. To this end, the Minister explained that Federal Ministry of Education has been directed to liaise with National Pension Commission for the release of the permanent licence. Ngige also assured on the resolve of the Buhari administration to offer undisclosed amount from the N220 billion annual revitalisation fund for universities which was agreed during President Goodluck Jonathan’s administration but was reneged on.
He said government was going to look for funds and
that a token which he did not disclose has been offered to the union to
demonstrate government as good faith. According to him, ASUU is expected to
return back to Government between Wednesday, 9th or Thursday, 10th January,
2019 to sign relevant agreements reached by the parties. While speaking Prof.
Biodun Ogunyemi, ASUU President who confirmed the agreement however noted that
some of the proposals from government requires further consultation with ASUU
members. “We have had an extensive session looking at all issues. There are
issues that require further consultation at the level of our union before we
can take a stand,” he said.
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| Chris Ngige |
academic activities may
resume in public universities next week, as Federal Government has
approved over N35.4 billion for the striking Academic Staff Union of
Universities (ASUU).
Read more at: https://www.vanguardngr.com/2019/01/asuu-strike-fg-approves-over-n35-4bn-to-resume-talks-on-thursday/
Read more at: https://www.vanguardngr.com/2019/01/asuu-strike-fg-approves-over-n35-4bn-to-resume-talks-on-thursday/
academic activities may
resume in public universities next week, as Federal Government has
approved over N35.4 billion for the striking Academic Staff Union of
Universities (ASUU).
Read more at: https://www.vanguardngr.com/2019/01/asuu-strike-fg-approves-over-n35-4bn-to-resume-talks-on-thursday/
Read more at: https://www.vanguardngr.com/2019/01/asuu-strike-fg-approves-over-n35-4bn-to-resume-talks-on-thursday/
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