FG okays N25bn for ASUU

The Federal Government has approved an additional N25 billion for public Universities to meet the demands set by the Academic Staff Union of Universities. The Minister of Education, Mr. Adamu Adamu, said the beneficiary institutions  would be paid directly. He explained that some Universities since 2013 had not been able to access the third tranche


The Federal Government has approved an additional N25
billion for public Universities to meet the demands set by the Academic Staff Union of Universities.

The Minister of Education, Mr. Adamu Adamu, said the beneficiary institutions  would be paid directly.

He explained that some Universities since 2013 had not been able to access the third tranche of the N200 billion released by the Central Bank of Nigeria.

Adamu who stated these in his valedictory press conference, added that the proliferation of illegal tertiary institutions in the country was “an embarrassment to the government” as 134 illegal universities and polytechnics had been shut, with  their owners  facing trial.

He said, “Funding has been one of the major challenges  facing  tertiary education in this Country.

At the inception of this administration, we inherited an  agreement between the Federal Government and ASUU whose total value was put at N1.3 trillion, which payment was to be spread over six years.

“Between 2014  and 2017, the nation witnessed an economic downturn and consequently there were no releases out of  the N1.3 trillion.

“However, last year the Federal Government released N20bn directly to universities and all of them have got their share. The Federal Government has just approved an additional N25bn to be shared to beneficiary institutions directly.

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“The  proliferation of illegal universities in Nigeria has become a source of embarrassment to the country. Such institutions also default in tax.

“The National Universities Commission,  National Board for Technical Education and the National Commission for Colleges have been working to rid the education system of unauthorised tertiary institutions.

“As I speak, over 134 illegal tertiary institutions have been closed down and their operators are currently undergoing prosecution”.

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