The Minister of Education, Adamu Adamu, has said the government could only afford 2a 3.5 percent salary increase for lecturers, while a 35% increment will be enjoyed by professors.
The minister also noted that President Muhammadu Buhari 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 added 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.
Speaking at the end of the meeting, the pro-chancellor of the National Open University of Nigeria, Professor Peter Okebukola, noted that the government was ready to go all out to ensure that the university lecturers return back to school.