The striking Academic Staff Union of Universities could call off the industrial action if no late change is made.
The Academic Staff body led by its president Prof. Biodun Ogunyemi, ASUU has reached an agreement with the Federal Government as 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.
According to vanguardngr.com 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.
The Minister said that ASUU is expected to return back to Government between Wednesday, 9th or Thursday, 10th January, 2019 to sign relevant agreements reached by the parties.
President of the Academic Staff Union of Universities, Prof. Biodun Ogunyemi, ASUU President also confirmed the agreement, however noting 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.