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Home Business News Business

ASUU strike: NANS threaten to shut down all private universities

Chike Olisah by Chike Olisah
December 9, 2020
in Business
ASUU strike: NANS threaten to shut down all private universities
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The National Association of Nigerian Students (NANS) has threatened to shut down all private universities across the country should the 9-month strike embarked upon by members of the Academic Staff Union of Universities (ASUU) continues.

According to a report from Punch, this disclosure was made by the new President of NANS, Sunday Asefon, while speaking on a Punch Online interview programme, The Roundtable.

READ: FG should release all what is due to ASUU without the conditionality of IPPIS- ASUU

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Asefon, who lamented that the ongoing strike, which is the longest industrial action embarked upon by the university lecturers, said that NANS would get into a discussion with the Federal Government representatives and ASUU leaders to find a lasting solution to resolve the stalemate in negotiations between the 2 sides.

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

However, the NANS President pointed out that if the strike action is not called off as soon as possible after consultations with both parties, the association will be left with no option but to move in and shut down all tertiary institutions in the country.

READ: FEC okays FMBN’s request to purchase banking application software for N487.39 million

What you should know

  • The members of ASUU have been on strike since March 2020 due to conflict with the Federal Government over some unpaid allowances and the implementation of the Integrated Payroll and Personnel Information System (IPPIS), which the union opposes.
  • However, following the offer by the government to increase the funds for Earned Allowances and funding for the revitalization of public universities from N65 billion to N70 billion, the union leaders accepted the offer and agreed to convey the message to their various organ before reporting back to the government.
  • The union insisted that all withheld salaries and outstanding allowances must be paid and not through the IPPIS platform before they can call off the strike.
  • A meeting between Federal Government representatives and leaders of ASUU which was scheduled to hold today, Wednesday, December 9, 2020, has been postponed indefinitely by the union as they claimed the time frame given to them to consult with their members is too short.

READ: Nigeria needs $3trillion in 30 years to reduce infrastructure deficit – Osinbajo


Follow us for Breaking News and Market Intelligence.
Tags: NANSNational Association of Nigerian StudentsNigeria News
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.

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