FG Can’t Meet ASUU’s Demands

0

This means we still have more days to spend at home…
If the words of the Minister of Finance, Dr. Ngozi
Okonjo-Iweala are to be believed, the five-week old
strike action by the Academic Staff Union of
Universities (ASUU) may not be resolved anytime
soon as she declared that government has no
resources to meet the union’s demands.
Speaking
earlier today in
Minna at the annual National Council on Finance
and Economic Development meeting with theme,
“Restructuring Nigeria’s Finances”, Mrs. Okonjo-
Iweala explained that the striking university
lecturers were asking for N92 billion in extra
allowances; an obligation the Federal Government
cannot meet as it moves to reduce the structure of
public expenditures.
According to the coordinating minister for the
economy, “At present ASUU wants the government
to pay N92 billion in extra allowances when
resources are not there and when we are working
to integrate past increases in pensions. We need to
make choices in this country as we are getting to
the stage where recurrent expenditures take the
bulk of our resources and people get paid but can
do no work.”
She argued that if the demands of the striking
lecturers are met and “we continue to pay them
salaries and allowances, we will not be able to
provide infrastructure in the universities.”
The minister noted that when she assumed office
“the share of recurrent expenditure in our total
budgets had increased astronomically. “
“In fact recurrent expenditures accounted for about
77.2 per cent of the federal budget and we are now
working to re-balance this ratio,” she added.

ALSO READ;  [ASUU STRIKE] ASUU Gives FG Final Condition In Order To Call Off Strike

ADD AMIN: 223EF2E3

FF us on Twitter : @bayyou11blog

Use your ← → (arrow)

LEAVE A REPLY