Friday, 31 OctoberWeather Icon5.49°C

Nigeria Clears ₦2.3B Lecturer Arrears to Avert Strikes

Share:

Strikes

Nigeria’s Federal Government has wired ₦2.3 billion to settle long-standing salary and promotion debts owed to university teachers, aiming to fortify the higher education sector.

Education Minister Dr. Tunji Alausa shared the update Wednesday amid ongoing negotiations with ASUU and allied unions.

Under President Bola Tinubu, the focus remains on equitable, transparent handling of employee concerns and institutional budgets.

Payment Details Confirmed

The ₦2.311 billion tagged Batch 8 was channeled through the Accountant-General’s Office.

“Institutions should expect alerts shortly,” Alausa confirmed.

Additional Relief on Horizon

Final touches are being applied to pension remittances and third-party deductions via the Finance Ministry, with clearance expected within days. This tackles legacy financial burdens.

Starting 2026, Earned Academic Allowances (EAA) will merge into base pay, ensuring swift, reliable disbursements. “This ends chronic holdups,” the minister pledged.

Campus Upgrades Underway

Resources from the Needs Assessment initiative fuel facility improvements, backed by future budget allocations tied to results-based funding.

Building Trust Through Talks

The Yayale Ahmed Committee fosters genuine, mutual discussions between authorities and unions. “We engage honestly and respectfully,” Alausa stated through spokesperson Folasade Boriowo.

All pledges align with approved fiscal plans no overreach.

ASUU Dispute Cooling

The union halted a two-week protest following NLC and lawmakers’ mediation. Core grievances: delayed wages, allowances, and the 2009 pact.

These payments signal commitment to lasting peace and academic progress.

Vision for Stronger Universities

With clear funding streams and worker support, Nigeria’s tertiary institutions gain momentum for excellence.

Can this stop future ASUU strikes?

Share:

Related News

Lookman Urges Atalanta to Find Clinical Edge

Sports | 3 min read

Leave a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Currency Rate

Algerian Dinar129.9662
Egyptian Pound47.2381
Euro0.8644
British Pound0.7603
Ghana Cedi10.918
Guinea Franc8,698.28
Japanese Yen153.8856
Kenyan Shilling129.47
Moroccan Dirham9.2765
Nigerian Naira1,450.97
31 Oct · CurrencyRate · USD
CurrencyRate.Today
Check: 31 Oct 2025 03:05 UTC
Latest change: 31 Oct 2025 03:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

Be the first to know about our newest content, events, and announcements.

Leatest News

Scroll to Top