• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

FG offers N65 billion to ASUU, N15 billion revitalization fund to end strike

Chike Olisah by Chike Olisah
November 20, 2020
in Business, Spotlight
FG offers N65 billion to ASUU, N15 billion revitalization fund to end strike
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government has offered a cumulative sum of N65 billion to the Academic Staff Union of Universities (ASUU) to address earned academic allowances and revitalization of universities.

In addition, the government has also agreed to pay an additional N15 billion as revitalization fund which is being demanded by the ASUU in its bid to resolve its disagreement with the union. This is in addition to the sum of N20 billion that was paid earlier, bringing the total to N35 billion.

According to a report from Channels Television, this proposal was made by the Minister of Labour and Employment, Dr. Chris Ngige, on behalf of the Federal Government to the striking lecturers during their meeting on Friday, November 20, 2020, in Abuja.

MoreStories

Meet 8 owners of popular hotels in Northern Nigeria  

Meet 8 owners of popular hotels in Northern Nigeria  

November 23, 2025
FTN COCOA, UNITY BANK leads as NGX top gainers for the week

Best performing Nigerian stocks for the week ended November 21, 2025 

November 23, 2025

While briefing the press at the end of the meeting, Ngige described the negotiation as fruitful as the government has decided to shift grounds on the lingering issues that have kept students out of the classroom for several months.

Details later…


Follow us for Breaking News and Market Intelligence.
Tags: Academic Staff Union of UniversitiesASUU
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Technical and Vocational Education and Training (TVET)
Education

FG denies signing ASUU 2009 agreement, describes document as draft

August 28, 2025
ASUU threatens nationwide strike over unresolved 2009 agreement with Federal Government 
Education

ASUU members stage nationwide university protests over salary arrears and neglected agreements 

August 26, 2025
ASUU threatens nationwide strike over unresolved 2009 agreement with Federal Government 
Education

ASUU threatens nationwide strike over unresolved 2009 agreement with Federal Government 

May 24, 2025
FG inaugurates 25-member committee to establish Nigerian Education Data Initiative 
Education

FG releases N50 billion to settle earned allowances for ASUU, other university staff 

April 23, 2025
ASUU,
Education

ASUU raises concerns over surge in first-class graduates from private universities 

November 29, 2024
ASUU,
Education

FG, ASUU in closed door meeting to avert strike action

June 26, 2024
Next Post
Tantalizers Reports N2.35 Billion Losses In 4 Years

Tantalizers suffers loss of N245 million in 2020 9M

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

uba
tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Champion releases audited half-year 2025 statement, reports N4.04 billion profit upgrade 
  • Bella Disu flags a new conversation at TEDx IKOYI: “SAY YES NOW” 
  • Switzerland, EU to raise ETIAS travel fee to $23 From 2026 

Follow us on social media:

Recent News

Champion Breweries to raise N58 billion from capital market

Champion releases audited half-year 2025 statement, reports N4.04 billion profit upgrade 

November 23, 2025
Bella Disu flags a new conversation at TEDx IKOYI: “SAY YES NOW” 

Bella Disu flags a new conversation at TEDx IKOYI: “SAY YES NOW” 

November 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics