The Federal Government is set to release N50 billion to take care of outstanding earned allowances for Universities’ lecturers before handing over the duty to governing council of varsities.
Reports say the governing council of Federal Universities will take over the payment of earned allowances of lecturers and other University workers in their respective institutions from 2024.This came to the fore as National Executive Council of the Academic Staff Union of Universities met 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”.Meanwhile, the branches of ASUU across the country embarked on voting as regards the lingering strike by the union.
The branch chairpersons are expected to turn in their reports to enable a formal decision by the NEC today (Thursday)