FG Releases N100bn To Varsities

The Federal Government on Monday shared N100bn to the federal and state universities as the balance of the N200bn revitalisation fund for 2013.

Minister of Education, Nyesom Wike, presented the allocation letters to the institutions’ vice-chancellors in Abuja, where he urged them to spend the money according to the NEEDS Assessment report.

The N200bn was contained in the Memorandum of Understanding signed with the Academic Staff Union of Universities in December to end the almost six months strike.