Federal Government has announced a 23.5 percent salary increase for lecturers, while a 35% increment will be enjoyed by professors.
A sum of 150 billion Naira is to be provided for in the 2023 Budget as funds for the revitalization of Federal Universities, to be disbursed to the Institutions in the First Quarter of the year, and a sum of 50 billion Naira shall be provided for in the 2023 Budget for the payment of outstanding areas of earned academic allowances, to be paid in the First Quarter of the year.
Allowances that pertain to ad-hoc duties of the academic and non-academic staff are henceforth to be paid as at when due by the Governing Councils of Universities to which such services are rendered and to the staff who perform them.
This was announced today by the Minister of Education, Adamu Adamu, during a meeting between FG and Vice Chancellors.