
The Digest:
The Federal Government and the Academic Staff Union of Universities (ASUU) will sign a landmark agreement on January 14. This move aims to end years of discord and explore the potential for a renewed academic environment rooted in sustainable investment.
Key Points:
- A new agreement will be signed to strengthen industrial harmony in public universities.
- Key provisions include a significant 40% salary increase for academic staff.
- Professors will now retire at age 70 with pensions equal to their full annual salary.
- A revamped university funding model will cover research, labs, and staff development.
- The deal follows the conclusion of the renegotiated 2009 FGN-ASUU Agreement in late 2025.
- It proposes establishing a National Research Council funded by 1% of Nigeria's GDP.
- The pact is seen as a critical milestone under the government's Renewed Hope Agenda.
Sources: Premium Times, The Punch