BREAKING: Federal Government releases N50bn to settle ASUU, other varsity staff allowances
In a major step toward sustaining academic stability, the Federal Government has released N50 billion to settle earned allowances owed to academic and non-academic staff of federal universities, fulfilling a key promise by President Bola Tinubu.
Announced by the Minister of Education, Dr. Maruf Alausa, the move is part of the Renewed Hope Agenda’s strategic focus on transforming Nigeria into a knowledge-based economy. The intervention reflects the President’s belief in the role of educators and underscores his commitment to investing in youth development and educational excellence.
The administration credited the current stretch of uninterrupted academic activity in Nigerian universities to mutual trust and dialogue between government and university unions, expressing hope that industrial actions will soon be a thing of the past.
This funding boost signals a deepening of the President Tinubu administration’s resolve to reposition the education sector through purposeful investment in human capital, institutional trust, and long-term policy reforms.
