FG Releases ₦2.3bn to End Varsity Strikes

The Federal Government has allocated ₦2.3 billion to address salary and promotion arrears for Batch 8 at Federal universities nationwide.

According to a statement from Folasade Boriowo, the Director of Press and Public Relations, Minister of Education Dr. Tunji Alausa has stated that the Office of the Accountant-General of the Federation (OAGF) facilitated the disbursement.

“A total of N2.311bn, representing Batch 8 salary and promotion arrears, has been released through the Office of the Accountant-General of the Federation to universities. Benefiting institutions should begin to receive payment alerts anytime from now,” Alausa said.

He also mentioned that the Ministry of Finance and the Office of the Accountant General of the Federation are in the final stages of processing the release of third-party non-statutory deductions and pension remittances to NUPEMCO. This process is anticipated to be completed soon.

The Federal Government has allocated ₦2.3 billion to address salary and promotion arrears for Batch 8 at Federal universities nationwide.

According to a statement from Folasade Boriowo, the Director of Press and Public Relations, Minister of Education Dr. Tunji Alausa has stated that the Office of the Accountant-General of the Federation (OAGF) facilitated the disbursement.

“A total of N2.311bn, representing Batch 8 salary and promotion arrears, has been released through the Office of the Accountant-General of the Federation to universities. Benefiting institutions should begin to receive payment alerts anytime from now,” Alausa said.

He also mentioned that the Ministry of Finance and the Office of the Accountant General of the Federation are in the final stages of processing the release of third-party non-statutory deductions and pension remittances to NUPEMCO. This process is anticipated to be completed soon.

Dr. Alausa revealed that the Federal Government has sanctioned the complete integration of the Earned Academic Allowance (EAA) into university staff salaries starting in 2026, to guarantee prompt and sustainable disbursements.

“This will ensure prompt, predictable, and sustainable payments going forward,” he said.

Moreover, funds have also been released under the Needs Assessment of Nigerian Universities, with budgetary provisions made to sustain the initiative.

The education minister reaffirmed the government’s commitment to resolving long-standing challenges.

“The Federal Ministry of Education assures that these engagements are being conducted truthfully and in good faith.

“However, while the government remains committed to improving staff welfare, it will only enter into agreements that are realistic and financially sustainable,” he stated.