The Federal Government and the Academic Staff Union of Universities have reached an agreement to end the over five month old strike by ASUU. The lecturer’s association has however said that its members may return to work next week.

ASUU’s demands include the upward review of the retirement age for professors from 65 to 70; adequate funding to revitalise the university system; progressive increase of budgetary allocations to the education sector by 26 per cent; transfer of federal government property to universities; setting up of research and development units by companies; payment of earned allowances; and renegotiation of the signed agreement.

The agreement between the two is reached barely 24 hours after the Special Assistant on Public Affairs, Dr. Doyin Okupe presented a proof of payment of N200 billion into an account with the Central Bank of Nigeria.

The strike began on July 1st 2013 and lasted for over five months before this resolution was reached.

source http://www.channelstv.com/home/2013/12/11/fg-ASUU-reach-agreement-over-strike/