The Federal Government has offered a cumulative sum of N65 billion to the Academic Staff Union of Universities (ASUU) to address some of the lecturers’ demands.
The N65 billion seeks to address the issue of earned allowances and ”revitalisation of universities”.
The government also agreed to pay the lecturers their outstanding salaries using an older payment platform, GIFMIS, different from the controversial IPPIS.
Giving a breakdown of the N65 billion Senator Ngige said the Accountant General of the Federation, AGF, has offered to release N40 billion or in the alternative, N35 billion to be shared by all the registered trade unions in the universities after providing necessary evidence of having earned the allowance.
The ASUU president, Professor Biodun Ogunyemi, who also addressed reporters, acknowledged that the government has made some new offers to the union and progress has been made.
He, however, said the union leaders would report to their organs and get back to the government on the position of their members.