President Muhammadu Buhari has approved the immediate release of N20billion so that the Academic Staff Union of Universities, ASUU, can revitalise public universities.
The development was confirmed on Monday by Zainab Ahmed, Minister of Finance.
The news came simultaneously as Ahmed was announcing the President’s approval for the “immediate release” of N22.68bn as part of retirement benefits of ex-workers of the Nigeria Airways Limited (in Liquidation).
“To ensure that these Presidential directives are duly implemented in line with extant Financial Rules, I have constituted a Committee to be headed by the Secretary of Presidential Initiative on Continuous Audit, PICA, Dr. MK Dikwa (Mni),” she added.
