Very late Monday night November 4th, President Jonathan met with
officials of the Academic Staff Union of Universities, ASUU, over the
on-going strike. After the meeting, ASUU officials said they would relay
the outcome of the meeting later this week after consulting with other
members of their board. The Union has not made an official statement yet
but Punch
is reporting that a key component of the agreement reached by the
parties after the meeting was that the Federal Government would inject
N1.1trillion into public
universities in the next five years.
They said the federal government would release N220billion yearly into
the sector beginning from 2014. For the outgoing year,
the government will only release N100bn and this has been processed.
They also said the strike would be called off anytime next week.
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