The Nigerian government has agreed to pay out as much as N23billion naira allowances to Nigerian university teachers.

Univesity teachers have won a major battle as the Federal Government granted their request that their N23billion outstanding Earned Allowances be released.


According to The Nation, the Minister of Education Adamu Adamu said the money will be released next week.

The government said the Nigerian Universities Pension Management Company matter would be resolved with the Pension Commission in the next one week.

But he reiterated the refusal of the governemt to exempt the federal universities from the Treasury Single Account (TSA) system.

Adamu gave an insight into the negotiation with the Academic Staff Union of Universities (ASUU) during a meeting with the Senate Committee on Tertiary Education and the Tertiary Education Fund (TETFUND).

The minister said the Ministry of Finance had promised to undertake a forensic audit of the N30billion allowance earlier released to the lecturers, bringing the total to N53billion.

Adamu said:

“They (lecturers) asked for N23billion to be paid. But we said the condition for that N23billion to be released was for them to account for the N30billion they had taken, which is a total of N53billion. And they were not able to account for it.
“The Minister of Finance undertook to do the audit from the ministry. We agreed that the result will be known in six months. During the six months, government undertook to be paying them N1.5billion each...

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