The Central Bank of Nigeria (CBN) has
written to the Accountant-General of the
Federation, confirming the execution of the
N200 billion in the Revitalisation of
Universities Infrastructure Account.
The confirmation was conveyed through a
memo to the Accountant General, dated
December 10.
A copy of the memo, signed by CBN’s
Deputy Governor (Operations), Tunde
Lemo, was circulated by the Senior Special
Assistant to the President on Public
Affairs, Dr. Doyin Okupe yesterday.
Lemo’s memo said: “I write to confirm the
execution of the following mandates by the
Central Bank of Nigeria for funding of the
above mentioned accounts.
“I wish to further confirm that the available
balance in the aforementioned account is
N200, 000, 000, 000 (Two Hundred Billion
Naira only).”
Okupe, who addressed reporters
yesterday, said with the execution of the
mandates, the strike has lost its legitimacy.
The spokesman maintained that President
Goodluck Jonathan is fully committed to
the implementation of the agreements
reached with ASUU leadership.
He added that a Needs Assessment
Implementation Committee, which has
ASUU representatives on board, would be
inaugurated today to fast track the
utilisation of the released funds and tackle
infrastructural deficiency in the university
system.
The President’s aide said: “Government
has received a number of representations
from eminent Nigerians and stakeholders
on the need to temper justice with mercy
regarding the ultimatum issued to the
striking lecturers.
“Government appreciates the fact that
some universities have either resumed
academic activities or announced
resumption dates in line with the
directives earlier issued by the Committee
of Pro Chancellors.
“Now that evidence has been provided as
to the availability of N200 billion for
immediate disbursement to universities,
we expect that ASUU will call off this strike
so that normalcy will fully return to our
campuses.
“Government does not intend to victimise
anyone who participates in a legitimate
strike action.”
Okupe assured ASUU on its three other
demands, saying the government has no
reason to reject the conditions.

Source:
www.thenationonlineng.net/new/cbn-weve-varsities-n200b-cash/

ASUU wor ar u still waitin for

>> Next >>

ASUU meanwhile is being paid
for the five months they went
on strike. They collect their
salary for doing nothing yet
still hold the students to
ransom. Why can’t Dr Fagee
come out and say that? The
govt has shown evidence for
the 200billion paid to the CBN
account but the other reasons
given by ASUU is flimsy. 1)
Memorandum 2)Victimization
3)Attorney General. Are these
cogent reasons to still be on
stike? Can’t this be done while
schools have resumed?

I regret being a Nigerian. Mteeeewwww

Thank you FG.

But wait o, CBN said "Two Hundred Billion Naira ONLY", they call that only?...this banking sector with their ethic sef.

Shhhh!....ASUU is praying and fasting