The Federal Government has disbursed N2.31 billion to federal universities to clear outstanding arrears owed to academic and non-academic staff.

 

 

 

In a statement on Thursday, Oct. 30, by the Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, the Minister of Education, Dr Tunji Alausa, said the funds were processed through the Office of the Accountant-General of the Federation and that universities would begin to receive payments immediately.

 

 

 

 

He emphasised President Bola Ahmed Tinubu’s commitment to transparent, long-term reforms that guarantee staff welfare and financial sustainability.

 

 

 

 

He stated that Tinubu’s administration is also finalising the release of third-party deductions and pension remittances to Nigerian University Pension Management.

 

 

 

The government announced that Earned Academic Allowances (EAA) will be fully integrated into university salaries by 2026 to ensure prompt and predictable payments, while funding for the Needs Assessment of Nigerian Universities project has also been sustained.

 

 

 

Alausa affirmed that all engagements with ASUU and other unions are being conducted in good faith, stressing that agreements will remain within realistic budgetary limits to maintain stability in the education sector.

 

 

 

This comes after ASUU’s decision to suspend its two-week warning strike after renewed talks with the Federal Government.