FG Releases N50 Billion To Settle ASUU, Other Varsity Staff Allowances

The Minister of Education, Dr Maruf Alausa, on Wednesday, announced the release of N50 billion by the Federal Government to the academic and non-academic staff unions of federal universities for the settlement of earned allowances, as promised by President Bola Tinubu.

This development was disclosed in a statement titled โ€œFG Releases N50bn Earned Allowances to Varsity Unions, Tinubu Reaffirms Education Priorityโ€, issued by Folasade Boriowo, Director of Press at the Federal Ministry of Education.

Boriowo stated that the move โ€œstands as yet another testament to Tinubuโ€™s unwavering commitment to fundamentally transform Nigeriaโ€™s education sector.

It reflects the administrationโ€™s bold resolve to transition the nation from a resource-based to a knowledge-based economy through strategic investments in education, infrastructure, and human capital.โ€

According to the Minister, โ€œThis intervention is not just a financial transactionโ€”it is a reaffirmation of our Presidentโ€™s belief in the capacity of Nigerian youth and the invaluable role that academic and non-academic staff play in nurturing them.

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โ€œBy prioritising their welfare, we are laying the foundation for a future where every Nigerian child receives highly qualitative and globally competitive education.โ€

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The Minister expressed President Tinubuโ€™s heartfelt appreciation to both academic and non-academic unions for their sustained trust in his administration and for fostering an atmosphere of peace and cooperation across Nigeriaโ€™s federal institutions.

โ€œNotably, the country is currently experiencing one of the longest uninterrupted academic sessions in recent historyโ€”a feat attributed to the mutual understanding and shared commitment between the government and the university community,โ€ the statement added.

The President reiterated: โ€œThe youth are the heartbeat of our country. Their future is extremely important to me and my administration. Keeping our children in school is not negotiable. It is my commitment that strikes
in our institutions will soon become a thing of the past.โ€

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Recall that university-based academic unions have been at loggerheads with past governments over the failure to release earned allowances, among other demands.

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