The Central Bank of Nigeria (CBN) has written to the Accountant-General of the Federation confirming the N200 billion the Federal Gonvernment deposited in the Revitalisation of Universities Infrastructure Account.
The memo to the Account-General was dated December 10 and was to confirmed the doubt by ASUU.
The memo was distributed by the Senior Special Assistant to the President on Public Affairs, Dr. Doyin Okupe and signed by CBN Deputy Govenor, Tunde Lemo.
Lemo said in the memo “I write to confirm the execution of the following mandates by the Central Bank of Nigeria for funding of the above mentioned accounts.
“I wish to further confirm that the available balance in the aforementioned account is N200, 000, 000, 000 (Two Hundred Billion Naira only).”
Okupe, who addressed reporters yesterday, said with the execution of the mandates, the strike has lost its legitimacy.
Okupe stressed that President Goodluck Jonathan is fully ready to implement the agreements reached with ASUU leadership
He added that a Needs Assessment Implementation committee which will have some members of ASUU in it, will be formed today to hasten the utilisation of the fund released by the federal government in order to tackle the deficiency in infrastructural facilities in the University system.
Okupe said: “Government has received a number of representations from eminent Nigerians and stakeholders on the need to temper justice with mercy regarding the ultimatum issued to the striking lecturers.
“Government appreciates the fact that some universities have either resumed academic activities or announced resumption dates in line with the directives earlier issued by the Committee of Pro Chancellors.
“Now that evidence has been provided as to the availability of N200 billion for immediate disbursement to universities, we expect that ASUU will call off this strike so that normalcy will fully return to our campuses.
“Government does not intend to victimise anyone who participates in a legitimate strike action.”
Okupe assured ASUU on its three other demands, saying the government has no reason to reject the conditions.