Tuesday, July 1, 2025

Payment of 50 Billion Naira Earned Academic Allowances (EAA) to University Lecturers After Nearly Two Decades of Indebtedness.

The recent settlement of long-standing Earned Academic Allowances (EAA) owed to university lecturers is a significant milestone. This payment, without a doubt, enhances stability in our higher education system by enabling lecturers to remain focused on their core responsibilities, which are teaching and research.

While it is true that the nation continues to face serious challenges — widespread hunger, insecurity, and the persistent threat of terrorism — this achievement should not go unnoticed.

The fact that this administration has fulfilled its financial obligations to the universities, thereby allowing your children, nieces, nephews, and cousins to remain on campus and benefit from uninterrupted, quality education, deserves acknowledgement or at the very least, a fair measure of understanding.

No economic strategy can succeed if it neglects education or encourages stagnation under the guise of fiscal prudence, as often advocated by the IFC. Growth and development require a balanced approach that invests in people, ideas, and institutions.

To my friends, colleagues, and family members, I ask for your understanding and patience as I share this opinion and support the administration.

Leadership should be judged not only on past grievances, but also on current intentions and future results.

Let us give this administration a fair chance to deliver on its promises while staying alert and committed to constructive engagement.

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