The Minister of Education, Dr. Maruf Olatunji Alausa, Wednesday, announced the release of ₦50 billion by the federal government to the academic and non-academic staff unions of federal universities for the settlement of earned allowances, as promised by President Bola Ahmed Tinubu.
In a statement, the director, Press and Public Relations, Boriowo Folasade, said the landmark development is yet another testament to President Tinubu’s unwavering commitment to fundamentally transform Nigeria’s education sector.
She said it 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.
The statement reads in part: “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.
“The minister expressed President ola Ahmed Tinubu’s heartfelt appreciation to both academic and non-academic unions for their sustained trust in his administration and for fostering an atmosphere of peace and cooperation across Nigeria’s federal institutions.
“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.”