The Cheer News
Education

ASUU Strike: FG Could Pay Bailout Funds To Private Sector, But Can’t Pay Varsities Revitalisation Fund – ASUU

The Academic Staff Union of Universities has described the Federal Government as insincere with the Union’s demand for revitalisation fund for Nigerian universities, adding that while the government claimed there is no money, it’s paying bailout funds to the private sector.

This was the position of ASUU-Lagos zone while lamenting that the claim that the Federal Government cannot afford the conservative N110 billion for the revitalisation of universities.

The union in a statement issued on Sunday by Lagos Zonal Coordinator, Prof. Olusiji Sowande, urged parents, students, and the general public not to be persuaded by the statement made by Ngige.

ASUU which had been on strike for seven months faulted the federal government for paying bailout funds to the private sector and failed to pay the revitalisation fund for the universities.

The union zonal coordinator while reacting to the recent comment made by Ngige on a live TV programme.

Sowande said, “The statement is laced with the hidden fact that the MoL&E and his team have no intention of ending the ongoing strike this year.

“The Nigerian public should be appalled that government team, after having a series of meetings with our Union, is just collating pertinent data required to engage our Union.

“Consequently, the government has deliberately been wasting the time and resources of our Union on meetings and engagements it was not prepared for.

“It is therefore not surprising that Dr Chris Ngige-led government team has not been able to return to negotiating table since the last engagement with our Union on November 4, 2020.”

READ ALSO: Nigeria’s Government Gives Reasons ASUU Strike Will Linger

On the claim that the federal government cannot afford the revitalisation fund, the union lamented that “only recently, government-approved N5 billion bailout fund to operators in the aviation sector to ameliorate the harsh realities of COVID-19 on their business operations.”

It also raised the concern that over the years, the Nigerian government has spent over N1.5 trillion to bail out power generation and distribution companies to keep their business afloat despite the privatisation of the power sector.

“If the government could bail out private businesses for ‘Business Good’ then Nigerian public Universities deserved to be bailed out for ‘Public Good’,” he added.

Related posts

Obasanjo Warns of Out-of-School Children as Future Recruitment Ground for Boko Haram

EDITOR

NYSC Trust Fund: Companies To Pay N2m or One Year Imprisonment For Failure To Remit 1% Income

EDITOR

FG Reveals When Schools Will Reopen Across States

EDITOR

Leave a Comment