The current strike embarked upon by the Academic Staff Union of Universities (ASUU) seems not to be close to being called off. This is ecause the federal government had on Monday, November 5, 2018, said it did not have the financial power currently to meet the demands of the Union.

The Education Minister Adamu Adamu, stated this while addressing journalist in Abuja. He said the crash in the prices of oil globally has affected the economic fortunes of Nigeria.

This, he explained, had dire consequences on all sectors of the economy, including education.

ASUU Strike Update. Earlier,we reported on ASUU Commences Indefinite Strike

The government also accused the administration of late president, Umaru Yar’Adua, of making bogus promises to the union during a period of oil boom.

“Let me begin by saying that the issues necessitating this strike dates back to 2009 when the then government of late President Umaru Musa Yar Adua signed an agreement with the ASUU on funding of the federal universities in the country,” he said.

According to the education minister, the agreement provided for funding of universities to the tune of N1.3 trillion over a period of six years. It is instructive to know that Nigeria was experiencing the oil boom at that time. It was therefore expected that government will be able to meet the terms of agreement.

“However, international oil prices crashed in subsequent years thereby throwing the country into economic hardship. At the inception of this administration, the country’s economic fortunes worsened, nose diving into recession, with dire consequences on all sectors of the economy, including education,” he said.

Mr Adamu said the country just exited recession and is beginning to recover from the consequences of low oil prices.

“If this trend continues, definitely, the education sector will also improve, in other words, the well-being of the education sector and any other sector of the country’s economy is a function of the international oil prices. This is the stack reality for now which all of us must acknowledge and accept.”

The minister appealed to both parents, ASUU and students to exercise restraint in their response to the education sector.

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He said the union should be mindful of the fact that other sector of the economy were competing with similar financial needs.

“We must also be mindful that there are other sectors with similar competing needs, if our universities produce graduates, such graduates must work in other sectors of the economy which must also be supported by government,” he said.

ASUU, on Monday, embarked on an indefinite strike after its National Executive Council, NEC, meeting held in Akure, Ondo State, on Sunday.

ASUU’s current strike is hinged on delays in implementing the Memorandum of Understanding, MOU, the government agreed to in 2017, including to compel government to conclude the renegotiation of other agreements also collectively reached in 2009.



https://www.infomaza.com/ASUU-strike-update-no-money-meet-ASUU-demands-fg

ok

Nigeria does not have a goverment


What we have in this country currently is noting close to a government

then buhari,should resigned, he has no business been there, we must vote him out

Stale

udilaw:
The current strike embarked upon by the Academic Staff Union of Universities (ASUU) seems not to be close to being called off. This is ecause the federal government had on Monday, November 5, 2018, said it did not have the financial power currently to meet the demands of the Union.

The Education Minister Adamu Adamu, stated this while addressing journalist in Abuja. He said the crash in the prices of oil globally has affected the economic fortunes of Nigeria.

This, he explained, had dire consequences on all sectors of the economy, including education.

ASUU Strike Update. Earlier,we reported on ASUU Commences Indefinite Strike

The government also accused the administration of late president, Umaru Yar’Adua, of making bogus promises to the union during a period of oil boom.

“Let me begin by saying that the issues necessitating this strike dates back to 2009 when the then government of late President Umaru Musa Yar Adua signed an agreement with the ASUU on funding of the federal universities in the country,” he said.

According to the education minister, the agreement provided for funding of universities to the tune of N1.3 trillion over a period of six years. It is instructive to know that Nigeria was experiencing the oil boom at that time. It was therefore expected that government will be able to meet the terms of agreement.

“However, international oil prices crashed in subsequent years thereby throwing the country into economic hardship. At the inception of this administration, the country’s economic fortunes worsened, nose diving into recession, with dire consequences on all sectors of the economy, including education,” he said.

Mr Adamu said the country just exited recession and is beginning to recover from the consequences of low oil prices.

“If this trend continues, definitely, the education sector will also improve, in other words, the well-being of the education sector and any other sector of the country’s economy is a function of the international oil prices. This is the stack reality for now which all of us must acknowledge and accept.”

The minister appealed to both parents, ASUU and students to exercise restraint in their response to the education sector.

READ ALSO:

New Minimum Wage Update: Buhari to study report before any announcement – FG
Buhari’S WAEC Certificate: ‘We Will Not Submit Buhari’s WAEC Certificate To INEC’ – APC
2020 Polls: Akon Shows Interest In running for President
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He said the union should be mindful of the fact that other sector of the economy were competing with similar financial needs.

“We must also be mindful that there are other sectors with similar competing needs, if our universities produce graduates, such graduates must work in other sectors of the economy which must also be supported by government,” he said.

ASUU, on Monday, embarked on an indefinite strike after its National Executive Council, NEC, meeting held in Akure, Ondo State, on Sunday.

ASUU’s current strike is hinged on delays in implementing the Memorandum of Understanding, MOU, the government agreed to in 2017, including to compel government to conclude the renegotiation of other agreements also collectively reached in 2009.



https://www.infomaza.com/ASUU-strike-update-no-money-meet-ASUU-demands-fg

This is not an update. ASUU and FG to meet again 2moro after their initial meeting last week

N1.3 trillion spread over six years averages out at less than N220 billion. That's still reasonable out of an annual budget of N6 trillion upward. I bet they have spent more than that on the (clearly) fraudulent feeding programme and numerous other govt sanctioned scams.

These same politicians send their kids abroad to get quality education so that they can come back to Nigeria and pick up top govt jobs (which they don't need,by the way) preparatory to their entry into politics and the ruling class.

Yusuf Buhari and his sister did not attend Nigerian universities. Why would Buhari fund education? He would rather divert the money to his poltical associates so they can pay for his re-election campaign under the table. He wants to spend another four years travelling the world, staying in the best hotels and meeting world leaders for photo sessions.