The union and the federal
government reached the agreement on Monday, after a two-hour meeting in Abuja.
The government agreed to release
N15.4 billion in salary shortfall for the University teachers.
The union is expected to call off
its indefinite strike action any time from now.
Chris Ngige, the minister of
labour and employment, who disclosed the news of the agreement said President
Muhammadu Buhari has released N15.4 billion to cover the shortfalls in public
universities.
According to him, the accountant general and the ministry of finance have confirmed the release of the funds.
He said President Buhari has
approved N20 billion for settling outstanding arrears from 2009 to 2012 due to
the universities.
The staff union has been on
strike action for two months running.
Biodun Ogunyemi, a professor and
the ASUU national chairman, said the union will meet and decide if the
concession by the government is enough to call of the strike or not.
The final decision of the
striking lecturers will be communicated to the public after the said meeting.
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