…Introduces ₦140,000 professorial allowance
The Federal Government has approved a 40% salary increase for lecturers and introduced a new professorial cadre allowance, giving Professors a monthly top-up of over ₦140,000.
Minister of Education, Dr. Tunji Alausa, announced the measures on Wednesday, following the signing of a new agreement with ASUU that ends a 16-year stalemate over the 2009 FGN–ASUU pact.
He said the deal includes nine clearly structured Earned Academic Allowances, and assured that funding has been secured for full implementation across federal tertiary institutions.
