Baring any last minute changes, the Federal Government has reached an agreement with members of the Academic Staff Union of Universities (ASUU) to resume academic activities next week.
Recall that following the alleged inability of the government to respond to its demands, the union had embarked on strike over two months ago.
Addressing journalists on Monday evening after the resolution with the striking lecturers in Abuja, the Minister of Labour and Employment, Chris Ngige, said the majority of their demands have been met including the release of N15.4 billion for payment of salary shortfalls.
According to him, the Federal Government is also in the process of releasing another N20 billion for payment of earned allowances for university lecturers.
“The money is being worked on and will be released to ASUU when the process is completed,” he said.
Furthermore, he added that ASUU is expected to return back to Government between Wednesday, 9th or Thursday, 10th January, 2019 to sign relevant agreements reached by the parties.
On his part, the ASUU President, Professor Biodun Ogunyemi, said the National Executive Committee of the union will review their decisions based on the new commitment by the government.
This, he said, the ASUU will announce its position on the ongoing strike action after meeting with the union leadership.
“We have had an extensive session looking at all issues. There are issues that require further consultation at the level of our union before we can take a stand,” he said.