Update of FG & ASUU meeting: FG to give versities N1.1tn in 5yrs

                      
Looks like students will be going back to school as President Goodluck Jonathan met with officials of the Academic Staff Union of Universities (ASUU), late Monday evening over the issue of the ongoing strike.
After the meeting, ASUU officials said they would relay the outcome of the meeting later this week after consulting with other members of their board. The Union has not made an official statement yet but Punch is reporting that a key component of the agreement reached by the parties after the meeting was that the Federal Government would  inject N1.1trillion into public universities in the next five years.

They said the federal government would release N220billion yearly into the sector beginning from 2014. For the outgoing year, the government will only release N100bn and this has been processed.

They also said the strike would be called off anytime next week. Halleluyah!