ASUU industrial action may soon come to an end as federal government is concluding plans to release the whooping sum of fifty billion naira (₦50,000,0000,0000) as earned Allowance for University Lecturer.
A source within the National Executive Council of the Academic Staff Union of Universities has made this known to the public in Abuja on Wednesday.
“Also on the issue of earned allowances, 50 billion has been budgeted to cater for outstanding earned allowances while 170 billion has been fixed for salary increase. However, from 2024, it is the various governing councils that will be paying earned allowances while 300 billion will go for revitalization”.
The branch chairpersons are expected to turn in their reports to enable a formal decision by the NEC on Thursday.