By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: We Can’t Meet ASUU’s N284bn Demand Now Due to Economic Recession – FG
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

We Can’t Meet ASUU’s N284bn Demand Now Due to Economic Recession – FG

Farouk Mohammed
By Farouk Mohammed
Published: November 24, 2016
Share
3 Min Read
SHARE

ASUU


The Federal Government on Wednesday said while it had met seven out of the eight demands of the Academic Staff Union of Universities, it could not meet the union’s demand for earned allowance worth N284bn.

Ngige-new-1-1-1-1

Contents
ASUUThe Federal Government on Wednesday said while it had met seven out of the eight demands of the Academic Staff Union of Universities, it could not meet the union’s demand for earned allowance worth N284bn.This, the Federal Government said, was due to economic recession.
This, the Federal Government said, was due to economic recession.

The Minister of Labour and Employment, Dr. Chris Ngige, said this while answering questions from State House correspondents at the end of a meeting of the Federal Executive Council presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja.

Ngige said there was no way the government could pay the allowance because there was no money.

The minister said the government had conceded to the union the right to exclude endowment funds that accrued to universities from the Treasury Single Account.

- Advertisement -

He said while the government agreed to ASUU’s demand to exclude endowment funds from the TSA, that did not mean that universities’ councils would not have right to audit such an account.

Ngige added, “The other aspect of it is the earned allowance. The earned allowance is the only one that is not sorted out now because everybody knows and agrees that we are in a recession.

“If we are in a recession and you are asking us to pay you N284bn, nobody will pay it because the money is not there.

“So, they (ASUU) agreed and the National Assembly also agreed, but the government offered them some amount pending when we finish auditing of the first tranche of money that has been given to them in that same area of earned allowances.

- Advertisement -

“That tranche of money that they collected is being audited, but the auditing process is very slow because some people for some strange reasons are not allowing auditing to take place. So, a time frame has been fixed of six months within which the auditing will be done.

“Within those six months, government has offered something that they will be paying on a monthly basis and ASUU has also made a counter proposal to government so both parties have gone back to their principals.

“ASUU has a principal which is the national executive body and government has come back to look at our finances viz-a-viz with the National Assembly which will appropriate that particular fund because for 2016, there is nothing in the budget for it. It will be done and appropriated as and when due.”

Ngige said ASUU was expected to return to the negotiating table with its counter proposal.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:ASUUFG
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article NJC Should Save Nigeria From This Disgrace Called Okon Abang – Fayose
Next Article Two Dead in Car Bomb in Turkey Town of Adana – Governor

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Speaker Tajudeen Abbas Foresees More Opposition Leaders Joining APC as Party Strengthens Across Nigeria
Politics
Trump Plans Monday Call with Putin to Push for Ukraine Ceasefire
International
Crystal Palace Clinches Historic First Major Trophy with FA Cup Triumph Over Manchester City
Sport
Who Is Roselande Belony? Meet ‘Pastor’s Daughter’ in Viral Video
Explainer
Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab
‘Lagos is Smelling’: Commissioner Fires Back at Media Personality’s Viral Criticism
News
- Advertisement -
Ad imageAd image

You May Also Like

FAAC Disbursement
News

FAAC Allocation: FG, States, LGs Share N1.681 Trillion Revenue for April 2025

Muhammad A. Aliyu
Muhammad A. Aliyu
May 17, 2025
Politics

Wike Refutes 2027 Presidential Ambitions, Affirms Support for Tinubu

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
EducationTop stories

South-East Senators Raise Alarm Over JAMB UTME Glitch Affecting Region’s Candidates

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?