The Minister of Education, Adamu Adamu, on Tuesday said the government could only afford a 23.5 percent salary increase for lecturers, while a 35% increment will be enjoyed by professors.
The minister also noted that the President, Major General Muhammadu Buhari (retd.) warned against signing agreements which the government will not be able to meet.
Adamu disclosed this while speaking during the meeting with vice-chancellors and other stakeholders in the university system.
He said, “The Federal Government can only afford a 23.5% salary increase for all categories of the workforce in Federal Universities, except for the professorial cadre which will enjoy a 35% upward review.
“Henceforth, allowances that pertain to ad-hoc duties of the academic and non-academic staff shall be paid as at when due by the Governing Councils of Universities to which such services are rendered and to the staff who perform
them.
“That a sum of 150 billion Naira shall be provided for in the 2023 Budget as
funds for the revitalization of Federal Universities, to be disbursed to the
Institutions in the First Quarter of the year, and that a sum of 50 billion Naira shall be provided for in the 2023 Budget for the payment of outstanding areas of earned academic allowances, to be paid in the First Quarter of the year”.
Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…
Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…
The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…
The black market dollar to naira exchange rate for today, 22nd December 2024, can be…
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…
Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…