The Minister of Education, Dr Maruf Olatunji Alausa, has announced the release of N50 billion by the Federal Government to the Academic Staff Union of Universities (ASUU) and non-academic staff unions of Federal Universities for the settlement of earned allowances as promised by President Bola Ahmed Tinubu.
This was contained in a statement by the Director Press and Public Relations, Federal Ministry of Education, Mrs. Folasade Boriowo on Wednesday in Abuja.
According to her, the release of the fund reflects the administration’s bold resolve to transition the nation from a resource-based to a knowledge-based economy through strategic investments in education, infrastructure, and human capital.
Minister of Education, Dr. Olatunji Alausa said: “This intervention is not just a financial transaction—it is a reaffirmation of our President’s belief in the capacity of Nigerian youth and the invaluable role that academic and non-academic staff play in nurturing them.
“By prioritising their welfare, we are laying the foundation for a future where every Nigerian child receives highly qualitative and globally competitive education.”
“Notably, the country is currently experiencing one of the longest uninterrupted academic sessions in recent history—a feat attributed to the mutual understanding and shared commitment between the government and the university community,” the statement added.
It quoted President Tinubu as saying “The youth are the heartbeat of our country. Their future is extremely important to me and my administration. Keeping our children in school is not negotiable. It is my commitment that strikes in our institutions will soon become a thing of the past—forever.”
Meanwhile, the Minister of Education has pledged to continue working collaboratively with all stakeholders across the education value chain to ensure that every Nigerian child has access to quality education, comparable to global standards.
“This announcement marks a significant step in the President’s Renewed Hope Agenda and reinforces the Federal Government’s determination to make the Nigerian education sector a shining model for Africa and the world,” the statement added.
