The Federal Government has agreed to release N30 billion as part payment of the Earned Academic Allowances (EAA) to the Academic Staff Union of Universities (ASUU), Vanguard reports.
The Federal Government and ASUU on Friday held a meeting in Abuja over the strike, Minister of Labour and Employment Sen. Chris Ngige said;
“The Accountant-General of the Federation (AGF) was committed to release N30 billion on or before Nov. 6.
“The remaining N10 billion would be spread equally over the two tranches to be paid in May 2021 and February 2022 respectively. The OAGF should quickly conclude the verification of figures of EAA claims so as to clean up the figures from 2014 to 2020.
“To this end, a committee would be constituted by NUC to develop a template that would capture all the agreed allowances in the 2009 Agreement for all the Unions in the Universities.” he said.