The end to the present strike by the Academic Staff Union of Universities (ASUU) may be in sight as President Goodluck Jonathan has approved N400 billion for the infrastructural development of Nigerian universities.
The document to this effect is expected to be made available today at the meeting of the presidential committee on implementation of the NEEDS assessment in the universities withthe leaders of the four university-based unions – the Senior Staff Association of Nigerian Universities (SSANU), the Non-Academic Staff Union of Educational and Associated Institutions (NASU), the National Association of Academic Technologists (NAAT) and the Academic Staff Union of Universities (ASUU).
The President of SSANU, Samson Ugwoke, made the revelation while addressing his union members at the SSANU National Executive Committee (NEC) meeting held at the weekend at the University of Abuja.
Ugwoke, briefing the SSANU members on the activities of the NEEDS assesment implementation committee, led by Benue State Governor, Gabriel Suswam. He noted that the fund was different from the N100 billion Governor Suswam had raised from donor agencies and big companies to tackle the problems of Nigerian universities in 2013.
The labour leader said: “Let me give you a tip on what the NEEDS assessment committee is doing. The president has approved that within the next four years; N400 billion would be expended in infrastructural development of Nigerian universities, to transform the universities to international standard.
“N100 billion has already been raised by Suswam committee out of which 61 universities have been pencilled down, as contained in the NEEDS assessement committee. The N100 billion is expected to address needs of the universities in the areaswhich include re-furbishing and renovation of lecture theatres and lecture halls, re-furbishing and renovation of laboratories/libraries and the renovation of hostels.
“The second category is building of new hostels of international standard, self-contained rooms, the latest model in the world. That is the standard to be built in every university, and also the state-of-the-art laboratories as well as classrooms, lecture theatres and the halls.”
Ugwoke pointed out that the money had been shared and out of the N100 billion, N96 billion had been sent to universities.
He added: “The committee is meeting again on Monday, and by Monday (today), the document will be out. This time around, it is not only by giving university money, but it willbe monitored to ensure that the money is used to transform the universities, to bail universities out of the present situation and developed to an international recognized university standard.” source http://sunnewsonline.com/new/cover/ASUU-strike-jonathan-approves-n400bn-lifeline-ssanu/

If this is true then ASUU shld call off the strike

Your source

they could not afford #92billion where did they get #400billion from??

Wont comment untill ASUU call the strike off.

...
Comrade Ugwoke pointed out that the
money had been shared and out of the
N100 billion, N96 billion had been sent to
universities.
He added: “The committee is meeting
again on Monday (today), and by Monday,
the document will be out. This time
around, it is not only by giving
universities money, but it will be
monitored to ensure that the money is
used to transform the universities, to bail
universities out of the present situation
and develop them to an internationally
recognized university standard.”
...

My question:

WHAT IS THE REMAINING 4 BILLION NAIRA NOT SENT TO THE UNIVERSITIES MEANT FOR ?

Abdul Fattah: ...
Comrade Ugwoke pointed out that the
money had been shared and out of the
N100 billion, N96 billion had been sent to
universities.
He added: “The committee is meeting
again on Monday (today), and by Monday,
the document will be out. This time
around, it is not only by giving
universities money, but it will be
monitored to ensure that the money is
used to transform the universities, to bail
universities out of the present situation
and develop them to an internationally
recognized university standard.”
...

My question:

WHAT IS THE REMAINING 4 BILLION NAIRA NOT SENT TO THE UNIVERSITIES MEANT FOR ?

The committee that raised the money will share the remaining 4 Billion. Na wia man dey work him dey chop.

Oga seun pls move dis topic to d front page. It Very important to Nigerian students

na wa,at last i hope this is for real.

Will ASUU too sanitize its own universities from VC,Lectures to non teaching staff..and ask for autonomy from state Govs. and not looking demand for fund.

96billon distributed to universities out of 100billion... Where is the remaining 4billion?

phillippiano: 96billon distributed to universities out of 100billion... Where is the remaining 4billion?

guy na naija u dey u no suppose dey ask where money dey go coz money in nigeria is untraceable.dat 4 billion might be for chopping or for 2015

Congrate to all nigerian student.iam d secretary of national association of unemployed graduate.NAUG.do feel free to join d league after graduation.

Another misplaced priority#smh

Maidoki14: Congrate to all nigerian student.iam d secretary of national association of unemployed graduate.NAUG.do feel free to join d league after graduation.

dude,wat ar u sayin?

musiwa1c: [size=38pt]the fear of musiwa[/size]

[size=38pt]Is the Beginning of Cowardice[/size]

if only this were to be true......

As our colonial masters will always say."if you want to hide something from the black man put it down in paper"
i think that saying is real and have been proved here.a simple political statement is what was made here and a whole university undergraduates are jumping around.
#nonsense #spits on monitor

you guys should read this piece of s h i t with greater understanding.
No 1:"400b is expected to be extended to universities within four years for infrastructural devt"this is nothing but anoda ASUU 2013 agreement which they are going to enta with the FG,THEY wil still go on strike in four years time to force the goverment to implement it.so no big deal about this news.
No 2: it is either ASUU has been fully compromised or they are fighting a shadow guerilla war with fg for more salary and want us to believe that they are fighting for our sake.
No 3:
100bn released.
96 million given to universities(note this money is for their earned alowance.OMG!! Someone should tell dis guys to resign if they dont like there pay.we as nigerian students should tell ourselves the truth that within these bunch of lecturers that not up tn 10% are worthy of dia salaries.all they do is "fight for salary"they husle,acquire a "copy and paste"phd from the internet,bribe dia way to profesorship.puff,fiam,dia salary is increased,and they become dormant with there only core duty been to brag about there cheap phd\prof,sell hand out an sleep with underage girls)
lastly
wia is the remaining 4 bilion going?
Am a nigerian till i die.

Okonja said FG cannot afford ASUU demand. Where dem con see money?

President Jonathan, I swear with the lifes of my people, that have died because of hardships and corruption that your government is enhancing,
if any kobo even one naira should go into any selfish man's pocket and yours, you all will not stay alive to spend that money. In as much as you use the money for what you want it for, It's ok.

God Bless You GEJ.....despite the fact that the rot in the university was caused by OBJ and YAR ARDU, You still have a listening ear. The best President ever.

I pray OO... No be FG wey I kn?
Mtscheeeeeewwwww!!!!

What are we still waiting for.....

Still typing.......

Am I supposed to jump up and dance?

my girl that had admission just of recent in a private university is already in her 3rd year. If that girl end up marrying someone else eh.....

Ngozi said, 'no money', even wen 90b was being asked for, now, uncle jona will approve 400 bees!!!

Ok, someone is lying, and some people are being lied to.
Students, no be this year!