The Federal Government has offered a cumulative sum of N65 billion to the Academic Staff Union of Universities (ASUU) to address academic earned allowances and revitalisation of universities.
Minister of Labour and Employment, Dr Chris Ngige, made the proposal on behalf of the government to the striking lecturers when they met on Friday in Abuja.
Briefing reporters at the end of the meeting, he described the negotiation as fruitful as the government has decided to shift grounds on the lingering issues that have kept students out of the classroom for several months.
Ngige noted that in its bid to resolve the impasse with ASUU, the sum of N15 billion from the amount offered by the government would be for more funds to revitalise the universities.
He explained that the fund was in addition to the N20 billion paid earlier, making it a total of N35 billion committed as revitalisation fund by the government.