JUST IN: FG Reaches Agreement With ASUU, Releases N15.4bn For Salary Shortfalls

The Federal Government has reached an agreement with members of
the Academic Staff Union of Universities (ASUU).

Addressing journalists on Monday evening after the meeting with
the striking lecturers in Abuja, the Minister of Labour and
Employment, Chris Ngige, said the majority of their demands have
been met including the release of N15.4 billion for payment of
salary shortfalls.

According to him, the Federal Government is also in the process
of releasing another N20 billion for payment of earned allowances
for university lecturers.

Meanwhile, the ASUU President, Professor Biodun Ogunyemi, said
the National Executive Committee of the union will review their
decisions based on the new commitment by the government.

According to him, it is only after that meeting of the ASUU
leadership that the union will announce its position on the ongoing
strike action.

Its been over two months since the union went on strike
following the alleged inability of the government to respond to its
demands.