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ASUU Expects to Call Off Strike Today as More Universities Accept FG’s Offer

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The Academic Staff Union of Universities (ASUU) is expected to call off the ongoing strike later today or tomorrow following reports that most universities under the union have accepted government’s offer.

Last week, the government exempts ASUU from the controversial Integrated Payroll and Personnel Information System (IPPIS) and offered to raise Earned Academic Allowance (EAA) from N30 billion to N35 billion and the revitalisation fund from N20 billion to N25 billion.

Therefore, the Federal Government offered the union a total sum of N65 billion and IPPIS exemption to call of the strike.

While some universities like the Ahmadu Bello University Branch had accepted the offer and insisted payment should be made before the union call of the strike, the Federal University of Agriculture Makurdi (UAM) ASUU voted to continue with the strike until government implements what was offered during the negotiation.

Ezekiel Agbalagba, the Chairman of ASUU at the Federal University of Petroleum Resources (FUPRE), Delta State, said the congress accepted the EAA offer but rejected the N25 billion for the revitalisation of the universities.

However, Nigerians expect the union to call of the strike today or tomorrow after today’s meeting between the Federal Government and ASUU.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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