The Federal Government has released ₦2.31 billion to federal universities to settle outstanding arrears owed to both academic and non-academic staff.
In a statement issued on Thursday by the President’s Personal Assistant on Special Duties, Kamorudeen Yusuf, the Minister of Education, Dr. Tunji Alausa, confirmed that the payment was facilitated through the Office of the Accountant-General of the Federation, with disbursement to universities set to begin immediately.
Alausa reaffirmed President Bola Ahmed Tinubu’s dedication to implementing transparent and sustainable reforms that prioritize staff welfare and ensure financial stability within the education sector.
According to him, 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.
The move follows ASUU’s decision to suspend its two-week warning strike after renewed talks with the Federal Government.
