The Federal Government has agreed to release N30 billion as part payment of the Earned Academic Allowances (EAA) to the Academic Staff Union of Universities (ASUU).

Sen. Chris Ngige. Minister of Labour and Employment said this at the end of a meeting between the Federal Government and ASUU on Friday in Abuja.

“The Accountant General of the Federation (AGF) was committed to release N30 billion on or before Nov. 6.

The communiqué issued this saying, the release of N20 billion funds for revitalisation of public universities will be payable by the end of January 2021.

On the issue of Earned Academic Allowances(EAA), which had accumulated to N40 billion since November, 2019, the Accountant General of the Federation (AGF) made a commitment to release N30 billion on or before November 6, 2020.

“The remaining N10 billion would be spread equally over the two tranches to be paid in May 2021 and February 2022 respectively.

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