FG Releases ₦50bn To Settle ASUU, Other Academic Unions’ Earned Allowances

Fitch report Nigeria

The Minister of Education, Dr Maruf Alausa, has announced the release of ₦50 billion by the Federal Government to the Academic Staff Union of Universities (ASUU) and non-academic staff unions of federal universities for the settlement of earned allowances.

This is according to a statement released on Wednesday by the Director of Press at the Federal Ministry of Education, Folasade Boriowo.

Announcing the payments, Boriowo said “It reflects the administration’s bold resolve to transition the nation from a resource-based to a knowledge-based economy through strategic investments in education, infrastructure, and human capital.

“This intervention is not just a financial transaction—it is a reaffirmation of our President’s belief in the capacity of Nigerian youth and the invaluable role that academic and non-academic staff play in nurturing them,” she quoted the minister as saying.

“By prioritising their welfare, we are laying the foundation for a future where every Nigerian child receives highly qualitative and globally competitive education,” the statement added.

This announcement marks a significant step in the President’s Renewed Hope Agenda and reinforces the Federal Government’s determination to make the Nigerian education sector a shining model for Africa and the world.

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