ASUU Rejects N10m Loan Scheme, Threatens Nationwide Protests

August 20, (THEWILL) — The Academic Staff Union of Universities has rejected the Federal Government’s newly launched N10 million interest-free loan scheme for staff of tertiary institutions, describing it as a ploy to distract from unresolved issues affecting its members. The Federal Government had on Thursday unveiled the Tertiary Institutions Staff Support Fund, a zero-interest […]

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August 20, (THEWILL) — The Academic Staff Union of Universities has rejected the Federal Government’s newly launched N10 million interest-free loan scheme for staff of tertiary institutions, describing it as a ploy to distract from unresolved issues affecting its members.

The Federal Government had on Thursday unveiled the Tertiary Institutions Staff Support Fund, a zero-interest loan programme for academic and non-academic staff of federal universities, polytechnics, colleges of education and selected state-owned institutions.

In a communiqué issued after its National Executive Council meeting at Usmanu Danfodio University, Sokoto, on Tuesday, ASUU faulted its inclusion in the scheme, insisting that it was never consulted.

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Signed by its president, Prof. Christopher Piwuna, the union said what its members needed was not loans but the release of their withheld three-and-a-half months’ salaries and the conclusion of negotiations on welfare and conditions

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