Federal Government has proposed a cumulative sum of N65 billion to the Academic Staff Union of Universities (ASUU) to address earned academic allowances and revitalisation of universities.
Minister of Labour and Employment, Dr Chris Ngige, proposed this on behalf of the government to the striking lecturers while meeting on Friday in Abuja.
While speaking with journalists after the end of the meeting, Ngige described the negotiation as fruitful as the government has decided to reach agreement with the union on the lingering issues that have kept students out of the classroom for several months.
He noted that in its bid to resolve the impasse with ASUU, the sum of N15 billion from the amount offered by the government would be for more funds to revitalise the universities.
He made it known that the fund was in addition to the N20 billion paid earlier, making it a total of N35 billion committed as revitalisation fund by the government.