FG releases N200b to varsities
Federal Government on Monday disbursed N200 billion to Vice Chancellors of public universities in the spirit of recent agreement between government and the Academic Staff Union of Universities (ASUU) to begin the implementation of NEEDS identified within the sector. ASUU had last week alleged that the Federal Government was dragging its feet on the pledge to commit the funds into the university system, citing undue delays in the release of the first quarter tranche of disbursement to the universities. The NEEDs assessment and implementation report in which areas of intervention were identified in the public universities accounted for the protracted strike by ASUU in 2013. Federal Government had in a bid to resolve the impasse with the union promised to inject N200 billion annually to the sector within a four-year timeframe, beginning from 2014. Wike tasked the universities on judicious use of the funds to improve infrastructure in the schools, adding that an accountabilit...