News
University lecturers to Get 40% Salary Increase – Tinubu
The Federal Government under President Bola Ahmed Tinubu has approved a 40% salary increase for university lecturers as part of a landmark renegotiated agreement with the Academic Staff Union of Universities (ASUU), ending an eight-year review process of the 2009 FGN-ASUU pact.
The agreement, concluded on December 23, 2025, was announced by ASUU in a circular dated December 24, 2025, describing it as a comprehensive framework aimed at revitalizing Nigeria’s public university system.
Key highlights of the deal include:
– A 40% upward review of academic staff salaries under improved conditions of service.
– Reaffirmation of pension benefits, allowing professors to retire at age 70 with a pension equivalent to their final annual salary, subject to service requirements.
– Introduction of a tailored budgeting template to address universities’ specific funding needs.
– Provisions for enhanced university autonomy, academic freedom, and systemic reforms to curb brain drain and underfunding.
– Commitments to innovation, research funding through a proposed National Research Council, and duty-free imports for educational materials.
ASUU expressed optimism that the government would commence prompt implementation, with the new salary structure expected to take effect from January 1, 2026.
The breakthrough averts potential industrial action, following months of tense negotiations that began in 2017. Earlier reports in November and early December indicated the government’s proposal of the 40% increment as a key offer to resolve lingering disputes over withheld salaries, earned allowances, and revitalization funds.
Multiple outlets, including Politics Nigeria, The Star, Legit.ng, and The Guardian, confirmed the agreement, noting its potential to stabilize the tertiary education sector amid ongoing challenges like inflation and emigration of academics.
Education stakeholders have welcomed the development, viewing it as a significant step toward addressing long-standing grievances in Nigeria’s public universities.
The Ministry of Education is yet to issue an official statement, but sources indicate alignment with President Tinubu’s directive to avoid disruptions in the academic calendar.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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