Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: STRIKE: FG Says It Does Not Have The Financial Power To Meet ASUU’s Demand
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2025 Kanyi Media.
News

STRIKE: FG Says It Does Not Have The Financial Power To Meet ASUU’s Demand

Tobias Sylvester
By Tobias Sylvester
Published: November 6, 2018
SHARE

STRIKE: FG Says It Does Not Have The Financial Power To Meet ASUU's Demand 1

Minister of Education, Adamu Adamu, while addressing journalist in Abuja, said The Federal Government does not have the financial power to meet the demands of Academic Staff Union of Universities (ASUU).

Adamu made this statement on Monday, November 5, two days after the union declared an indefinite strike on all federal and state universities. Read the report HERE.

The minister accused the government of late President Umaru Musa Yar’adua, of making bogus promise to the union during the period of oil boom in 2009. However, according to him, the crash in the prices of oil globally in subsequent years has affected the economic fortunes of Nigeria including the education sector.

“Let me begin by saying that the issues necessitating this strike dates back to 2009 when the then government of late President Umaru Musa Yar Adua signed an agreement with the ASUU on funding of the federal universities in the country:

“However, international oil prices crashed in subsequent years thereby throwing the country into economic hardship. At the inception of this administration, the country’s economic fortunes worsened, nose diving into recession, with dire consequences on all sectors of the economy, including education.”

The minister stated that the country just exited recession and is beginning to recover from low oil prices. He appealed to ASUU as well as parents and students to exercise restraint.

He called on the union to be mindful of the fact that other sectors of the economy were competing with similar financial needs. He said:

“We must also be mindful that there are other sectors with similar competing needs, if our universities produce graduates, such graduates must work in other sectors of the economy which must also be supported by the government.”

Read Also:👇🏾

  1. All 104 Unity Schools To Re-open On October 12 – FG
  2. Just Like ASUU, SSANU And NASU Threatens To Embark On Strike Immediately Universities Reopen
  3. Nigerian Government Postpones School Resumption Indefinitely Due To COVID-19 Second Wave
  4. COVID-19: Schools Resumption Date Remains January 18 – PTF Coordinator, Sani Aliu

TAGGED:AdamuAdamu AdamuasuuEDUCATIONNewsNigeriaPoliticsschools
ByTobias Sylvester
Follow:
Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos.Contact Tobias at [email protected] a confidential tip? Submit it here
Previous Article Italian Fighter Christian Daghio Dies After A Devastating Knockout During WBC Title Fight [Photos/Video] 2 Italian Fighter Christian Daghio Dies After A Devastating Knockout During WBC Title Fight [Photos/Video]
Next Article Ekweremadu Escapes Assassination Attempt With His Wife And Son Inside Abuja Home 3 Ekweremadu Escapes Assassination Attempt With His Wife And Son Inside Abuja Home
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

"It's Overrated" - Yvonne Jegede Reveals Why She's Not Seeking Remarriage [Video]
“It’s Overrated” – Yvonne Jegede Reveals Why She’s Not Seeking Remarriage
FG Declares Public Holidays For Christmas, New Year Celebrations
FG Declares Public Holidays For Christmas, New Year Celebrations
Actor James Ransone Dies By Suicide At 46
Actor James Ransone Dies By Suicide At 46
Former Nickelodeon Star Tylor Chase Found Homeless In California [Video]
Former Nickelodeon Star Tylor Chase Found Homeless In California [Video]
FG Confirms Release Of 130 Remaining Abducted Niger Schoolchildren
FG Confirms Release Of 130 Remaining Abducted Niger Schoolchildren
Tinubu Embarks On Three-State Visit, To Spend Christmas Holiday In Lagos
Tinubu Embarks On Three-State Visit, To Spend Christmas Holiday In Lagos
Busta Rhymes Hints At Settling Down With Nigerian Wife [Video]
Busta Rhymes Hints At Settling Down With Nigerian Wife [Video]
Jake Paul Hospitalized With Double Broke Jaw After Fight With Anthony Joshua
Jake Paul Hospitalized With Double Broken Jaw After Fight With Anthony Joshua
Harrison Gwamnishu Granted Bail After His Arrest Over Ransom Controversy
Harrison Gwamnishu Granted Bail After His Arrest Over Ransom Controversy
Delta Governor Oborevwori Mourns Death Of Senator Peter Nwaoboshi
Delta Governor Oborevwori Mourns Death Of Senator Peter Nwaoboshi
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

Ugandan Minister, Mary Kimono To Spend Easter In Jail Over Roofing-Sheets Scandal
World News

Ugandan Minister, Mary Kimono To Spend Easter In Jail Over Roofing-Sheets Scandal

Osun Governor Adeleke Wins Accord Governorship Ticket Hours After Dumping PDP
Politics

Osun Governor Adeleke Wins Accord Governorship Ticket Hours After Dumping PDP

Students, Teachers Arrested As EFCC Storm Yahoo Boys Academy In Akwa Ibom [Photos] 5
News

Students, Teachers Arrested As EFCC Storm Yahoo Boys Academy In Akwa Ibom [Photos]

Soyinka Meets Tinubu, Says He'll Assess His Administration After One Year In Office
NewsPolitics

Soyinka Meets Tinubu, Says He’ll Assess His Administration After One Year In Office

Nigeria’s Super Falcons To Face England In Round 16 Of FIFA Women’s World Cup
Sports

Nigeria’s Super Falcons To Face England In Round 16 Of FIFA Women’s World Cup

Davido Shocked As Magician Reveals His Next Vacation Destination With Chioma [Video]
Entertainment

Davido Shocked As Magician Reveals His Next Vacation Destination With Chioma [Video]

EFCC Returns Properties Recovered From Fake Spiritualist To Fraud Victim In Ibadan
Metro

EFCC Returns Properties Recovered From Fake Spiritualist To Fraud Victim In Ibadan

United Nations Honours 23 Nigerian Workers Killed Nine Years Ago During Boko Haram Attack 7
News

United Nations Honours 23 Nigerian Workers Killed Nine Years Ago During Boko Haram Attack

Nigerians Reacts As APC Erects Gaint Broom In Front Of City Gate, Abuja [Photos] 9
PHOTOSPEAKS

Nigerians Reacts As APC Erects Gaint Broom In Front Of City Gate, Abuja [Photos]

Ecuador Declares ‘Internal Armed Conflict’ After Masked Gunmen Stormed TV Studio To Seize Control
World News

Ecuador Declares ‘Internal Armed Conflict’ After Masked Gunmen Stormed TV Studio To Seize Control

Nigerian Police Reveal Identities Of Three Officers Killed By Soldiers In Taraba [Photos] 11
PHOTOSPEAKS

Nigerian Police Reveal Identities Of Three Officers Killed By Soldiers In Taraba [Photos]

EFCC Arrests Former NNPCL Top Officials Over Alleged $7.2bn Fraud
News

EFCC Arrests Former NNPCL Top Officials Over Alleged $7.2bn Fraud

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2025.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?