FG Owes Varsities N880bn Revitalisation Fund, Says ASUU

FG Owes Varsities N880bn Revitalisation Fund, Says ASUU

FG Owes Varsities N880bn Revitalisation Fund, Says ASUU


Academic Staff Union of Universities, University of Ibadan chapter on Tuesday stated that the union will resist the alleged plan of the Federal Government to refuse to sign the renegotiated agreement.

Rising from their Congress at the University of Ibadan presided over by the Chairman Prof. Ayo Akinwole, on Tuesday, the congress of the University of Ibadan ASUU said it was fully supporting the decision of the leadership of the union to fight for the welfare of her members whose welfare, it said, had been neglected for over 13 years.

While briefing newsmen shortly after the congress, Akinwole, flanked by other UNIBADAN ASUU executives, said lecturers had been pushed to the wall and would now fight back.

He said, “Federal Government is still owing varsities about N880 billion on the revitalization of universities and has also refused to mainstream earned academic allowances in the 2022 budget as promised.

“While Nigerian politicians are among the highest paid in the world, Nigerian lecturers are among the poorly paid in the world with professors earning less than $1,000 dollars in a month.”

The ASUU chairman said the Federal Government had employed all formal and informal tactics to delay the renegotiation of 2009 agreements for four years and the new agreements were supposed to have been effective if the government had signed them in 2021.

He hinted that rather than signing the agreement which took four years to be reached, “the Federal Government now said the agreement will now be tabled before another tripartite committee to consider it. We know this is a strategy of the Buhari administration to continue to impoverish the intellectual community.”

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