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Home Headlines

ASUU Gives FG July Deadline to Pay N128bn Allowances

by Naira
March 29, 2017
in Headlines

The Academic Staff Union of Universities (ASUU) has said the Federal Government is
owing academics in federal universities unpaid allowances of not less than N128 billion.

News Agency of Nigeria reports that ASUU National President, Prof. Biodun Ogunyemi, stated this during a news conference at the
University of Abuja on Wednesday
government to pay the outstanding arrears of its members not later than July 2017.
According to him, ASUU had insisted on a framework for paying any part of the
“Earned Academic Allowances” (EAA) arrears.

Ogunyemi explained that government had initially insisted that there would be no
further release of funds to the universities until there was a forensic audit.

“In view of this, the union rose from its NEC meeting at the Bayero University Kano
observing that the particular issue of EAA cannot be meaningfully addressed unless within an agreed framework.

“Hence the National Executive Council (NEC) of ASUU resolved that all outstanding arrears of EAA should be paid not later than
July 2017.

“The decision of ASUU-NEC on the issue of EAA has since been communicated to the Minister of Education, Senate President and
the Chairman, Senate Committee on Tertiary Institutions and TETFund,’’ he said.

He also decried non-release of the
Operational Licensing of Nigerian
Universities Pension Management Company (NUPEMCO) despite the fact that the company had met the minimum requirements for registration as Pension
Fund Administrator (PFA).

This, he said, created the feeling of
insecurity and loss of confidence among retirees in the system.

“The non-release of NUPEMCO’s operational license in an arm-twisting tactic to frustrate
our members and forcefully get them enlisted into some Pension-Fund Administrators (PFAs).

“The PFA cartel appears determined to abort the process of NUPEMCO licensing which
started more than four years ago.”
He, however, insisted that such was unacceptable to ASUU, saying “it is against the right to choice”.

Ogunyemi further noted that the 2013 MoU signed with the Federal Government on Funding for the Revitalisation of public
universities had not been released as agreed.

“The MoU stipulates that N200 billion would be released in 2013 for massive injection of
funds to reposition Nigerian public
universities for global competition.

“Thereafter, N220 billion is to be released for subsequent five years, adding up to N1.3 trillion by 2018, not a single kobo has been
released up till date.”

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