The Federal Government of Nigeria will release the sum of N50 billion to take care of outstanding earned allowances of the Academic Staff Union of Universities (ASUU) before handing over the duty to governing council of varsities.
This is as the governing council of Federal Universities will take over the payment of earned allowances of lecturers and other university workers in their respective institutions from 2024,
A source within the National Executive Council of the Academic Staff Union of Universities made this known in an interview with our correspondent in Abuja on Wednesday 12th October 2022.
“Also on the issue of earned allowances, 50 billion has been budgeted to cater for outstanding earned allowances while 170 billion has been fixed for salary increase. However, from 2024, it is the various governing councils that will be paying earned allowances while 300 billion will go for revitalization”.
Meanwhile, branches of ASUU across the country have begun to vote as regards the ongoing strike by the union.
The branch chairpersons are expected to turn in their reports to enable a formal decision by the NEC today.