The Minister of Education, Adamu Adamu, on Tuesday, said the government could only afford a 23.5 per cent salary increase for lecturers, while professors will enjoy a 35% increment.
The minister also noted that the President, Major General Muhammadu Buhari (retd.) warned against signing agreements which the government would not be able to meet.
Punch reports that Adam disclosed this while speaking during the meeting with vice-chancellors and other stakeholders in the university system.
He said, “That a sum of 150 billion Naira shall be provided for in the 2023 Budget as funds for the revitalization of Federal Universities, to be disbursed to the Institutions in the First Quarter of the year, and that a sum of 50 billion Naira shall be provided for in the 2023 Budget for the payment of outstanding areas of earned academic allowances, to be paid in the First Quarter of the year”.
Speaking at the end of the meeting, the pro-chancellor of the National Open University of Nigeria, Professor Peter Okebukola, noted that the government was ready to go all out to ensure that the university lecturers return back to school.
Uploaded by: Abdulmlik Jimoh