Reports are coming in that the Federal Government has reached an agreement with members of the Academic Staff Union of Universities (ASUU). The Minister of Labour and Employment, Chris Ngige disclosed this after a negotiation meeting with the Union in Abuja on Monday.
According to Chris Ngige, the Federal Government has met the majority of the demands outlined by ASUU, including the release of a sum of N15.4 billion for payment of salary shortfalls.
Chris Ngige also disclosed that it was concluded in the meeting to mandate the Ministry of Education to get in touch with PENCOM to make sure that the permanent license was issued to ASUU as soon as possible.
Below is an extract of Chris Ngige’s statement;
“On the issue of salaries in tertiary institutions, especially in universities, the Ministry of Finance and the Office of the Accountant- General provided evidence that as at December 31, 2018, the Federal Government had remitted N15.4 billion.
“Also on the issue of Earned Allowances in the universities system, they also showed us evidence that Mr President has approved the N20 billion to be used to offset the outstanding arrears of the 2009 and 2012, audit verified earnings, in the university system.
“This money is being worked on and will be released to ASUU as soon as the process is completed.
“ASUU has fulfilled its own side of the bargain in terms of NUPECO, which is the Pension Fund Administration company that ASUU has floated to take care of pension for people in the university system.
“The Pension regulator, the PENCOM, has asked certain positions to be fulfilled and they gave ASUU a temporary license, which has expired.
“ASUU has submitted all the documents and fulfilled all conditions needed to get their license,”
“This is starting from 2009, this Government will look for resources for the funding.
“We have also offered ASUU some token to show good faith and that amount is known to them. The issue of visitation panel is also taken care of.”
“These were major issues discussed and ASUU is supposed to take back the resolution of these meetings to their members, while we expect that they will get back to us by Thursday.”
The minister also said on the issue of university revitalisation, the President Goodluck Administration entered into an agreement with the ASUU for the revitalisation of 220 universities annually for the next 6 years.
Related School Updates:
- See UNN 2018/2019 Postgraduate Admission Details
- See University Of Port-Harcourt 2018 Postgraduate…
- AAU 2018/2019 Postgraduate Admission Application Details
- See UNIUYO 2018/2019 Postgraduate Admission Details
- Ondo State University OF Science & Technology…
- How To Apply For UNICAL 2019/2020 Postgraduate…
- Apply for Southwestern University, Nigeria 2020/2021…
- ASUU Insists FG Must Show Evidence Of Commitment…
Recent Forum Topics
- 7 Jobs for Graduates with a Linguistics Degree
- Career Opportunities and Job Prospects for Estate Management in Nigeria.
- UNIJOS Cut-Off Mark 2020: University of Jos (UNIJOS) Cut-off mark for 2020/2021
- DELSU Cut off Mark and Departmental Cut off Point for 2020/2021 session.
- AAUA DEPARTMENTAL CUT-OFF MARKS FOR 2020/2021