FG, ASUU differ on delayed N30bn revitalisation fund
UNIVERSITIES have yet to get the N30 billion revitalisation fund almost two weeks after the day the Federal Government promised that the fund would be disbursed. Recall that the Minister of Labour and Employment, Chris Ngige, had on August 2, 2021 said the government had paid the money as contained in the Memorandum of Action since January 2021. According to him, the money is, however, still lodged with the Central Bank of Nigeria, pending the conclusion of the audit report of the Implementation Committee on the use of previous funds disbursement to universities by the Ministry of Education and the National University Commission. Ministry and the NUC have promised to write to the Accountant General of the Federation next week for the release of the money to the NEEDS Special Account for onward disbursement to universities,” Ngige was quoted as saying then. He had added that the monies would be paid to successful universities based on the evaluation report of the committee the fol...