A reliable source, who made this known, also hinted that the strike would be called off anytime next week.
He said the government team which was led by President Goodluck Jonathan would release N220bn yearly into the sector beginning from 2014.
The source added, “The meeting should be the longest that we have ever had on this crisis but I can tell you that both parties were frank all through the discussions.
“The parties also showed commitment towards ending the crisis. The President in particular showed that he was serious about ending the strike and that was why he offered to release over N1tn to the universities in the next five years.
“The money will be released on a yearly basis at N220bn per annum beginning from 2014. For the outgoing year, the government will only release N100bn and this has been processed.”
He said that the government, in order to show its commitment to a fresh pact, accepted that “the fund(N1.1tn) should domiciled at the Central Bank of Nigeria”
“The money will be released on a quarterly basis to the universities. So, there won’t be any problem about funding the deal,” the source said.
The National Universities Commission and the Trade Union Congress, according to him, will be the joint guarantors of the agreement while the Minister of Education will be the implementation officer.
The source also said that the government agreed among other things, to revamp the public universities by ensuring that all those issues that always led to strike were dealt with once and for all.
It was learnt that the negotiating team of ASUU led by Dr. Nassir Faggae met on Tuesday night to further deliberate on the deal.
Though the details of the meeting were not known as of 11.22pm on Tuesday, it was gathered that ASUU might call a National Executive Council meeting on or before Saturday where the deal would be tabled before all its branch executives.
Jonathan had while shaking hands with Fagge after the marathon meeting in the Presidential Villa, Abuja said, “My President, I hope it (strike) will end today(Tuesday). Our children have suffered enough. We must find a solution.”
All those in attendance responded with a loud “Amen.”
When greeting Omar, he said, “My President with you around, there will be no problem; our agreement is signed, sealed and delivered.”.
Faggae told State House correspondent on his way out of the Villa, that his team would take back a message to varsity teachers before a decision would be taken on the next line of action.
“We had a lengthy meeting with Mr. President, and we looked into how best to address the problem of university education in this country. We now have a message from Mr. President that we are going to take to our members and we are expecting that our members will respond appropriately to his message,” he said.
Fagge added that since the message was meant for members, he would not divulge it to the press.
When asked whether university teachers would be called upon to return to the classrooms, he said that the decision was left for them to take.
When further asked if he was impressed by the President’s message, Faggae cautioned journalists against putting words in his mouth, insisting that only ASUU members would determine that.
The Minister of Labour, Chief Emeka Wogu, who listened to Faggae’s encounter with journalists, later said progress was made during the discussion.
He said, “We made progress. The President of ASUU told you that they are going back with a message from the Federal Government back to their members and the message is full of high expectation and hope.”
When asked whether ASUU would call off the strike, Wogu said that was why he described the message as full of expectation.
“Our prayer is that they will come back with positive outcome. They might even not come back to meet us. They might take decision there that will meet your expectations “ he said.
He added that the offers made by the government during the meeting were those that were in line with the contentious 2009 agreement.
He said since the issues that led to the strike bordered on the 2009 agreement, the government did not go beyond the pact.
The President was joined at the meeting that started at 2.40pm on Monday by Vice-President Namadi Sambo; Minister of Finance, Dr. Ngozi Okonjo-Iweala; the Secretary to the Government of the Federation, Anyim Pius Anyim; the Supervising Minister of Education, Nyesom Wike; Wogu among others.
Faggae led the union team which included past presidents such as Prof. Abdulahi Sule-Kano, Prof. Dipo Fashina and Prof. Festus Iyayi.
President of the Nigeria Labour Congress, Abdulawahid Omar and his Trade Union Congress counterpart, Bobboi Kaigama, also attended.
Other members of the delegation were Prof. Biodun Ogunyemi, Prof. Victor Osodeke, Prof. Suleiman Abdul, Dr. Victor Igbum and Mr. Michael Odunmoraye.
The marathon meeting was the first between ASUU and Jonathan since the strike started. The Presidency took over the negotiations with ASUU on September 19 with Sambo in charge.

http://campusportal.com.ng/education/ASUU-strike-called-soon-fg-ASUU-shifts-ground/7244/
http://www.punchng.com/news/fg-to-give-varsities-n1-1tn-in-five-years/

I beg make dem(ASSU) do fast.

Patiently waiting.

Law-confessor:
I beg make dem(ASSU) do fast.

even with the article? It's ASUU not ASSU.

Next week no dey end for dis ASUU matter?evryday nxt week,abegi,if dem like make dem no call of naw,what can be worst dan 4months?make dem try liv am til 2017,,,,idoits

Ugly duckling: even with the article? Its ASUU not ASSU

It's not Its.

till next week

[/b][/color][color=#990000][color=][/color][b] .......I can't wait to go back 2 AWO..... Missing AROISM......... Halla gr8 IFE's

.

ferdimako:

It's not Its.

nooo be specific it is not it's

ishaba blessing: Next week no dey end for dis ASUU matter?evryday nxt week,abegi,if dem like make dem no call of naw,what can be worst dan 4months?make dem try liv am til 2017,,,,idoits

hehehe dont mind them they are floos(fools)

oladoya: nooo be specific it is not it's

O ga...everybody don turn lecturer...issokay:>!

we don hear. Never trust FG and ASUU. Was it not because of an agreement reached in 2009 that caused the strike action in the first place and they have another agreement now. who knows if FG never put puff puff (egg roll) for there pocket.

ferdimako:

It's not Its.

lol!! On its own that sentence doesn't even make sense. When you want to claim a control of grammar, try to at least do it correctly. My beef was not with her grammar construction but something I've been seeing with most of the so called students who do not even know the correct abbreviation of the association they all claim is keeping them at home.

Ugly duckling: even with the article? It's ASUU not ASSU.

Dat is d teacher talkin- fenks

Ugly duckling: lol!! On its own that sentence doesn't even make sense. When you want to claim a control of grammar, try to at least do it correctly. My beef was not with her grammar construction but something I've been seeing with most of the so called students who do not even know the correct abbreviation of the association they all claim is keeping them at home.

Cut the gibberish crap girl.

Who is d student dat is being kept at home?

And by a common error u put up dat crazy statement in d bold.

I laughed and had wanted to ignore u wen i saw ur correction- cos der was no justification wot-so-ever for my mistake.

But u've gat to wake up n realise dat most ppl u re likely to cross path/s wit in dis forum stand 70% chances of being older dan ya. So mind how u address ppl- spice it up wit som courtesy n respect pls.

And why d word BEEF?
Mtchwwww..

dats a nice news. http://PayLub.com/?id=josef

Law-confessor:


Cut the gibberish crap girl.

Who is d student dat is being kept at home?

And by a common error u put up dat crazy statement in d bold.

I laughed and had wanted to ignore u wen i saw ur correction- cos der was no justification wot-so-ever for my mistake.

But u've gat to wake up n realise dat most ppl u re likely to cross path/s wit in dis forum stand 70% chances of being older dan ya. So mind how u address ppl- spice it up wit som courtesy n respect pls.

And why d word BEEF?
Mtchwwww..

oh please!!! Just take a tour through this Forum and see how many times ASSU replaces ASUU in any thread that has to do with the strike. I have better things to do than engage in e-wars with faceless people. You can choose to crucify the messenger and ignore the message. I will choose to ignore the attack on my person. Nobody is above correction,and for your information, we are not here to celebrate age grades. By the way, I can see how courteous your post is.

Ugly duckling: oh please!!! Just take a tour through this Forum and see how many times ASSU replaces ASUU in any thread that has to do with the strike. I have better things to do than engage in e-wars with faceless people. You can choose to crucify the messenger and ignore the message. I will choose to ignore the attack on my person. Nobody is above correction,and for your information, we are not here to celebrate age grades. By the way, I can see how courteous your post is.

hell is not far.

Is ASUU on strike

kizolala: Is ASUU on strike

No ASUU is in strike

oladoya: hell is not far.

and you're the one to condemn me to hell because?

Why are they on strike
Does It mean they stroke someone?

Na God hand we dey