Education

ASUU STRIKE: Federal Government Announced 23.5 per cent Increment For University Lecturers

The Minister of Education, Adamu Adamu, on Tuesday, said the government has approved a 23.5 per cent salary increase for lecturers, while a 3 per cent increment will be enjoyed by professors. He noted that this was what the federal government could afford at the moment. 

The minister also disclosed that President Muhammadu Buhari (retd.) warned against signing agreements that the government will not be able to meet.

It will be recalled that the Academic Staff Union Of Universities (ASUU) has been on strike for more than six months. Some of their demands include salary increments, the acceptance of UTAS for the University system as against IPPIS and revitalisation funds for Federal Universities. 

During a meeting with Vice Chancellors and other stakeholders in the University system, Adamu said, “The Federal Government can only afford a 23.5% salary increase for all categories of the workforce in Federal Universities, except for the professorial cadre which will enjoy a 35% upward review”. 

He also said that a sum of N150 billion will be provided for in the 2023 budget as funds for the revitalisation of federal universities which will be disbursed to theinstitutions in the first quarter of the year while a sum of N50 billion will be provided for in the 2023 budget for the payment of outstanding areas of earned academic allowances which will be paid in the first quarter of 2023.

Speaking at the end of the meeting, the pro-chancellor of the National Open University of Nigeria, Professor Peter Okebukola, noted that the government was ready to go all out to ensure that the university lecturers return to school.

Meanwhile, ASSU has rejected the offer describing it “as inadequate to meet their respective demands needed to tackle the challenges confronting the university system.”

The union however demanded a 100 per cent salary increment from the federal government. 

Investors King

Share
Published by
Investors King

Recent Posts

PalmPay Explores Remittance Services as Part of Ambitious Global Growth Strategy

PalmPay, a leading Nigerian fintech company with over 30 million users and $6 billion in…

10 minutes ago

Dollar to Naira Black Market Exchange Rate Today, 22nd January 2025

The dollar to naira exchange rate continues to be a focal point in Nigeria's financial…

11 hours ago

Pounds to Naira Black Market Exchange Rate Today, 22nd January 2025

The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial…

11 hours ago

MTN Nigeria Secures NCC Approval to Renew and Harmonise 800MHz Spectrum Licences

MTN Nigeria Communications PLC has received approval from the Nigerian Communications Commission (NCC) to renew…

16 hours ago

CAC Strengthens Compliance and Enforcement Responsibilities, Targets Business Formalization

The Corporate Affairs Commission (CAC) has outlined plans to enhance its compliance and enforcement responsibilities,…

17 hours ago

Nigeria Could Generate Over $2 Billion from Carbon Market by 2030 – UNN

The University of Nigeria, Nsukka (UNN), has projected that Nigeria could earn over $2 billion…

17 hours ago