Federal Government has agreed to release N30bn earned academic allowance to the university lecturers.
Our correspondent gathered that the FG also promised to spend N20bn on the revitalisation of the education sector as part of concessions meant to end the seven-month strike declared by the Academic Staff Union of Universities.
These were part of the agreements reached during the ongoing meeting between the FG and ASUU leadership on Thursday.
Speaking earlier before going into a closed-door session, the Minister of Labour and Employment, Chris Ngige, said students were being recruited into the #EndSARS protests following the closure of universities occasioned by the ASUU strike.
The money will be paid in tranches between May 2021 and February 2022.