President Bola Tinubu has approved the release of N50 billion to settle outstanding earned allowances for academic and non-academic staff of federal universities. This move aims to address long-standing grievances and enhance the education sector's stability.
- N50bn Disbursement: The federal government has allocated N50 billion to settle unpaid allowances for university staff.
- Minister's Statement: Minister of Education, Dr. Maruf Alausa, emphasized the government's commitment to transforming Nigeria's education sector.
- Strategic Investment: The intervention reflects the administration's focus on investing in education, infrastructure, and human capital.
- Budget Allocation: In the 2025 national budget, N3.52 trillion was allocated to education, representing 7.3% of the total budget.
This financial intervention by President Tinubu addresses a critical issue that has affected the morale and productivity of university staff. By fulfilling promises made to the unions, the government aims to foster a more conducive environment for academic excellence. The substantial budget allocation underscores the administration's recognition of education as a pivotal sector for national development.
The release of these funds marks a significant step towards resolving longstanding issues in the education sector. Stakeholders will be keenly observing the implementation process to ensure that the funds are effectively utilized.
