ASUU Strike Continues As FG Insists Union Demands Cant Be Met

Hopes of quick resolution of the present face-off between the Federal Government and the Academic Staff Union of Universities were dashed some minutes ago as the Minister of Finance, Dr. Ngozi Okonjo-Iweala, said the government has no resources to meet the union demands.

Foreclosing possible truce to the five-week old industrial action that has paralysed academic activities in the nation’s ivory towers, Okonjo-Iwela said the striking university lecturers were asking for #92 billion in extra allowances, maintaining that government lack means of picking the bill.

Speaking in Minna at the annual National Council on Finance and Economic Development meeting, the minister said that ASUU demand was coming at a time government was making efforts at reducing the structure of public expenditures.

The theme of the meeting is: “Restructuring Nigeria’s Finances.”

She said, “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 takethe bulk of our resources and people get paid but can do no work.”

She declared that if the demands of the university 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 argued 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,”the minister added.

Comments

DO YOU WANT TO BECOME A MASON IN NIGERIA

After all i have said about this fraternity if you are still interested in becoming a mason there are just simply ways in which you can do that, but inspite of my post i am neither encouraging nor discouraging you all i am doing is just to let you know more about this frat and there's more to come about those who have joined, the so called stars like jay-z, kanye west etc i guess its just 7 simple ways to join and off you go Are there things you want to accomplish in your life? Are there ways you want to enrich yourself? Do you enjoy being with people you like and respect? As a Freemason, you’ll find friendship and fraternity. You’ll develop life skills like self-confidence, leadership, and effective communication. You’ll learn to work as part of a team and to better yourself as you help others. Think about taking the first step into becoming a Mason. It is widely thought that one must be invited to become a Freemason or that Freemasonry is so exclusive as to be b...

13 Places You Should Visit In before the end of 2013

Wikimedia Commons It's more than halfway through 2013 and even though the summer is winding down, there's still plenty of time to book a trip to a great destination. We looked at major developments, cultural trends, and global festivals to find the hottest places to travel around the world in 2013. There are vast untouched landscapes that offer incredible outdoor experiences, cities that are experiencing a cultural rebirth, and up-and-coming destinations that offer great deals and few tourists. London, England Since Kate Middleton gave birth to Prince George Alexander Louis last week , England has been in the national spotlight, and is expecting a tourism boost. But that's not the only reason to visit the UK right now. The 2012 Summer Olympics in London came and went, but many of the buildings, restaurants, hotels and venues that sprouted up to accommodate the hundreds of thousands of visitors who came for the Olympics still stand. Several new building...

50 life lessons you can still learn now that your young.....

You’re stronger than you think you are. Mistakes teach you important lessons. Every time you make one, you’re one step closer to your goal. There is nothing to hold you back except you. You can press forward long after you can’t. It’s a matter of wanting it bad enough. No matter how much progress you make there will always be the people who insist that whatever you’re trying to do is impossible. You are limited only by your own imagination. Let it fly. Perception is reality. Your instincts can be trusted. There is only one question to ask yourself: “What would you do if you were not afraid?” It’s often hard to tell just how close you are to success. The only mistake that can truly hurt you is choosing to do nothing simply because you’re too scared to make a mistake. Never let success get to your head, and never let failure get to your heart. You have to fight through some bad days to earn the best days of your life. Life is 10% what happens to you and 90% how ...

HELLO

Search This Blog