ASUU: Universities Gets N130 Billion Intervention Fund

Nnamdi Azikiwe University, Awka

The Federal Government of Nigeria as released the sum of N100 billion to be shared by 59 universities in the country.

Also, another N30 billion has been released to be shared among 36 federal institutions in the country as contained in a written letter to institutions by the committee appointed by the Federal Government, headed by the Secretary to Government of Federation (SGF), Senator Anyim Pius Anyim.

Vice Chancellor of the Nnamdi Azikiwe University (UNIZIK),Professor Boniface Egboka said on Thursday in Awka, Anambra State that out of the N100 billion released for infrastructural development, UNIZIK got N3.050 billion and out of the N30 billion also released by Government to pay lecturers earned allowances which has been the contending issue between the Federal Government and ASUU, UNIZIK got N1.184 billion.

The Vice Chancellor also said that Nnamdi Azikiwe University has not received the mandatory N500 million take-off grant since its establishment in 1991, adding that the institution had been working with its internally generated revenue which had helped it in the 60 percent development of the institution.

He added that the tenacity of ASUU and other unions had made it possible for the assistance. He however thanked President Goodluck Jonathan for his efforts in ensuring that the face-off between the government and ASUU is amicably resolved.