The Academic Staff Union of Universities, ASUU, has agreed to end the industrial action it embarked on six months ago. This decision was reached on Wednesday evening in Abuja after the Union signed a Memorandum of Understanding, MoU, with the Federal Government.
The agreement was sealed at the Presidential Villa, Abuja between the university lecturers and the FG. ASUU was represented by its Chairman, Nasir Fagge, while the Minister of Education, Nyesom Wike, stood in for the government. Both confirmed the news to State House correspondents.
However, ASUU will address members of the press soon. The Central Bank of Nigeria, CBN, has also confirmed the payment of N200 billion by the FG to a special account, one of the conditions requested by ASUU.
An official statement is expected to be passed within 24 hrs.
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