The protracted strike embarked upon by the Academic Staff Union of Universities (ASUU) may soon to be called off.
Minister of Labour and Employment, Dr. Chris Ngige, who gave the hint in Onitsha, Anambra State said that funds had been provided to meet most of the demands of the union.
He said the Federal Government would make necessary efforts to ensure that the strike comes to an end this January.
“The Federal Government had released N15.89billion to universities on New Year’s Eve( Monday) for the payment of shortfall in salaries of universities,” a source told The Nation.
“The cash is expected to hit the account of all the institutions on or before the close of work today (Wednesday),” he added, pleading not to be named.
“The government has also set aside N20billion as revitalisation funds for varsities. The National Universities Commission( NUC) has been directed to work out the modalities for allocating the funds to all institutions.
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