#gcNews-->(“FG Has No Resources To Meet ASUU’s Demands” – Okonjo-Iweala) The Minister of Finance, Okonjo Iweala has said “TheFG does not have resources to meet ASUU’s demands” and the strike may last longer than expected. Ngozi Okonjo-Iweala was reportedto have said this speaking today in Minna at the annualNational Council on Finance and Economic Development meeting, with the theme,“Restructuring Nigeria’s Finances”. Okonjo Iweala She expressed her pessimism that the current strike action embarked on by the Academic Staff Union of Universities, ASUU, might not be called off soon, as thefederal government does not have enough to meet the union’s demands. Okonjo-Iweala was speaking today in Minna at the annual National Council on Finance and Economic Development meeting, with the theme, “Restructuring Nigeria’s Finances”, where she revealed that the University lecturers were demanding N92billion in extra allowances. She made it clear that the FG cannot meet up with the stated amount, as it is trying to reduce the structure of public expenditure. She said: “At present ASUU wants the government to pay N92 billion in extra allowances when resources are not there and when we are working to integrate past increases in pensions. We need to make choices in this country as we are getting to the stage where recurrent expenditures take the bulk of our resources and people get paid but can do no work.” Okonjo-Iweala also argued that if these demands are met, and “we continue to pay them salaries and allowances, we will not be able to provide infrastructure in the universities.” Follow Us On Twitter @GistCampus @iamme_kayode Be sure to share this News with your friends using the SHARE button below
Posted on: Wed, 14 Aug 2013 05:10:13 +0000
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