BREAKING: FG Releases ₦23 Billion to Universities as ASUU Suspends Planned Strike
FG Releases ₦23bn to Universities, ASUU Suspends Strike

In a significant development for Nigeria's education sector, the Federal Government has approved the release of Twenty-Three Billion Naira (₦23,000,000,000) to public universities across the country. This crucial funding comes as a direct response to mounting tensions with the Academic Staff Union of Universities (ASUU).

Averting Industrial Action

The substantial financial injection follows intensive negotiations between government representatives and ASUU leadership. The academic union had previously threatened to embark on another industrial action over unresolved issues, primarily focusing on outstanding arrears and welfare concerns affecting university lecturers nationwide.

Breakthrough Agreement Reached

According to reliable sources close to the negotiations, the ₦23 billion disbursement is specifically earmarked to clear accumulated arrears that have been pending for several months. The timely intervention appears to have successfully persuaded ASUU to suspend its planned strike action, bringing relief to millions of students and parents across Nigeria.

Stakeholders Express Relief

Education sector stakeholders have welcomed the development, describing it as a positive step toward stabilizing the academic calendar in public universities. The agreement represents a compromise from both parties, with the government demonstrating commitment to addressing the union's concerns while ASUU showed flexibility in its demands.

This resolution comes at a critical time when Nigeria's tertiary education system continues to face numerous challenges, including infrastructure deficits and staff welfare issues. The successful negotiation sets a positive precedent for future dialogue between the government and education sector unions.