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ASUU tackles FG for excluding education from N2tn emergency funding

daylightng.com 2024/10/5
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The Academic Staff Union of Universities on Saturday reacted to Federal Government’s plan to inject fresh N2tn into the economy, saying excluding education in the emergency funding amounts to gross insensitivity.

President Bola Tinubu had recently presented the outcomes of the Federal Government review of the accelerated stabilisation and advancement plan, which seeks to inject N2tn into the economy in the next six months.

The president, who gave the presentation while inaugurating a 31-member Presidential Economic Coordination Council at the Aso Rock Villa, Abuja on Thursday, said his administration was determined to, in the next few months, increase crude oil production to two million barrels per day and generate more electricity for Nigerians.

Addressing state house correspondents after the presentation, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the Health, Agriculture and Energy/Power sectors would be prioritised in the emergency funding.

In the breakdown, the finance minister said N350bn would be for Health and Social Welfare, N500bn for agriculture and food security; N500bn for the energy and power sector and N650bn for general business support.

However speaking with Sunday PUNCH, ASUU National President, Prof Emmanuel Osodeke, said it was insensitive for the Federal Government to have excluded the education sector in the emergency funding given the various challenges that have plagued Nigerian universities for years. Punch

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