In an effort to end the ongoing ASUU strike, the Federal Government has said it is committed to spending N200 billion in the 2014 budget on universities in Nigeria for about three to four years until the universities are brought to world-class standard. This is in addition to the N100 billion dedicated and already made available for 2013.
The government has also increased to N40 billion as a first installment for the funds in payment of earned allowances to the striking lecturers, which is an improvement from the N30 billion previously released.
According to sources, the information is contained in an internal statement made by the Vice-Chancellor, Professor Bolaji Aluko of Federal University of Otuoke and was seen on Wednesday by Sahara reporters.
Meanwhile, youths from different parts of the country converged at the University of Lagos, Akoka, on Thursday to protest against the continued strike. ASUU had embarked on an indefinite strike over ten weeks ago.
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