FG Releases N2.3bn Intervention Fund To Universities

4 days ago 7

Posted by Featured, Latest Headlines, News Across Nigeria Thursday, October 30th, 2025

(AFRICAN EXAMINER) – The Federal Government has disbursed N2.31 cardinal to national universities arsenic portion of efforts to wide outstanding arrears owed to world and non-academic staff.

This was announced successful a connection connected Thursday by the Personal Assistant connected Special Duties to the President, Kamorudeen Yusuf. The Minister of Education, Dr Tunji Alausa, stated that the funds were processed done the Office of the Accountant-General of the Federation and that universities would commencement receiving the payments immediately.

He disclosed that President Bola Ahmed Tinubu is committed to transparent, semipermanent reforms that volition warrant unit payment and fiscal sustainability.

He besides pointed retired that the medication of President Tinubu is astir completing the merchandise of third-party deductions and pension remittances to the Nigerian University Pension Management.


The authorities further disclosed that the Earned Academic Allowances (EAA) volition beryllium afloat integrated into assemblage salaries by 2026 to marque definite of speedy payments, portion backing for the Needs Assessment of Nigerian Universities project. 


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