Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    NCC Demands Digital Inclusion for Persons with Disabilities

    September 15, 2026

    Nigeria And India To Partner On $15bn Bilateral Trade 

    September 15, 2026

    FG Has Set Up N729bn Bond To Settle GenCos’ Debts

    September 15, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      INEC Unveils Final List Of Presidential Candidates For 2027 Election

      September 15, 2026

      Dangote Refinery Announces Rise In Petrol Gantry Price To N1,350, From N1,265

      September 12, 2026

      Following Court Order, INEC Updates NDC Logo

      September 10, 2026

      ₦10m Fine, 12-Month Jail Term For Abusive Campaigns ~ INEC Warns

      September 8, 2026

      Obi Shows Up At Makinde’s Presidential Campaign Commissioning In Abuja

      September 8, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment September 14, 2026

      Actor Aki Marks Mother’s Birthday with Gratitude at 70

      Recent

      Actor Aki Marks Mother’s Birthday with Gratitude at 70

      September 14, 2026

      I Have Plan To Make Ogogo Ogun Tourism, Culture Special Adviser

      September 9, 2026

      Ogogo’s N25m Returned By Ogun Imam After His Death

      September 8, 2026
    • Business

      Stanbic IBTC Drives Nigeria-China Partnership for Sustainable Growth at Business Without Borders Forum

      September 9, 2026

      Keystone Bank, FBRA Train 100 Green SMEs On Waste-to-wealth Businesses

      September 7, 2026

      ProvidusUnity Bank And Push To Build Stronger Nigerian SMEs

      September 7, 2026

      Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

      August 12, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026
    • Health

      Pastor Adeboye Of RCCG Donates Three Dialysis Machines To UBTH

      September 3, 2026

      Lagos Presents Blood Donation Drive Through 10 LGAs

      August 27, 2026

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026
    • Culture

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026
    • Lifestyle

      Tinubu Congratulates Shettima on 60th Birthday, Calls him Patriot, Trusted Ally. 

      September 2, 2026

      Gov Dauda Lawal @ 61: A Functionalist In Power

      September 2, 2026

      Jay-Jay Okocha’s Daughter Unveils Wedding Picture In Spain

      August 31, 2026

      Oborevwori, Arigbodi Families Glorified God As Children’s Wedding Ends In Thanksgiving

      August 31, 2026

      Celebrating A Jolly Good Fellow—Happy Birthday, Regie, Mfr

      August 31, 2026
    • Sports

      FIFA, CAF Delegation Visit NFF Amid Tight Security

      September 14, 2026

      Port Harcourt Will Play Host To NPBL Final 4

      September 14, 2026

      Falconets Set For England’s Challenge After Beating N’Caledonia 

      September 14, 2026

      Falconets Seek Crucial Victory Against New Caledonia, as Later Eyes First Goal of Tournament on Sunday

      September 12, 2026

      U-20 World Cup: Falconets Manage To Keep Hopes Alive, Draw With China 

      September 11, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Federal varsities get 40% pay rise, increased allocations
    Education

    Federal varsities get 40% pay rise, increased allocations

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 17, 20264 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Federal varsities get 40% pay rise, increased allocations

    Top 20 federal universities allocations increased from N438.85bn in 2025 to N533.1bn in 2026.

    Budgetary personnel allocations to some federal universities in the country have recorded a substantial increase following the Federal Government’s approval of a 40 per cent salary increase for academic staff and the introduction of new and enhanced allowance packages.

    An analysis of the Federal Government’s 2026 budget estimates revealed that personnel cost allocations to the top 20 federal universities rose from N438.85bn in 2025 to N533.1bn in 2026, indicating an increase of N94.25bn, or about 22 per cent within one fiscal year.

    On Wednesday, the Federal Government and the Academic Staff Union of Universities finally reached an agreement, ending a 16-year deadlock over the renegotiation of the 2009 FGN–ASUU agreement and raising expectations of improved welfare, funding stability, and industrial harmony in Nigeria’s university system.

    As part of the agreement, the Federal Government approved a 40 per cent salary increase for lecturers across federal institutions, alongside the creation of a new professorial cadre allowance, which will grant university professors a monthly top-up of over N140,000.

    The Minister of Education, Dr Tunji Alausa, said the government had already made provisions to fund the enhanced remuneration package.

    Speaking on Channels Television’s Politics Today on Thursday, Alausa explained that the funding covered both the salary adjustment and the restructuring of academic allowances.

    He said, “A professor will now receive a monthly top-up of over N140,000, as President Tinubu has approved a new category of allowance for academic staff, known as the professorial cadre allowance, which is an enhanced additional package.

    “Today, we have the funding to support the 40 per cent salary increase granted to our lecturers across all institutions, as well as the nine enhanced Earned Academic Allowances, which are now properly structured.”

    He added that the allowances captured under the agreement had been clearly defined, addressing long-standing demands by the lecturers’ union.

    In the 2026 budget, the Federal Government allocated N3.52tn to education, representing 6.1 per cent of the N58.18tn national budget.

    A breakdown of the education vote showed that N113.764bn was earmarked for major targeted education interventions, N42bn for the National Home Grown School Feeding Programme and N35bn to tackle the out-of-school children crisis.

    Other allocations include N28bn for security infrastructure across the 118 Federal Unity Colleges and N5.2bn for the upkeep of 1,532 Nigerian students studying abroad under the Bilateral Education Programme.

    In the country’s federal budgeting system, personnel cost, also referred to as personnel emoluments, forms a major component of recurrent (non-debt) expenditure for Ministries, Departments and Agencies, including the Federal Ministry of Education.

    It covers salaries, allowances, pensions, gratuities and related expenses, and is centrally managed through the Integrated Personnel and Payroll Information System, which verifies staff records, eliminates ghost workers and ensures timely payments.

    Although the detailed recurrent and capital expenditure components of the education vote are yet to be fully disclosed, an analysis of the Ministry of Education’s 2026 allocations accessed via the Budget Office showed a marked increase in personnel costs across leading federal universities.

    Institutions captured under this category include the University of Ibadan, University of Lagos, University of Nigeria, Nsukka, Ahmadu Bello University, Obafemi Awolowo University, University of Benin, University of Jos, University of Calabar, University of Ilorin and the University of Abuja.

    Others are the University of Port Harcourt, Abubakar Tafawa Balewa University, Federal University of Technology, Owerri, Federal University of Technology, Akure, Modibbo Adama University, University of Uyo, University of Maiduguri, Nnamdi Azikiwe University, Bayero University and Usman Dan Fodio University, Sokoto.

    Of the institutions reviewed, the University of Ibadan recorded the highest increase, with personnel costs rising from N25.13bn in 2025 to N37.52bn in 2026, a jump of about N12.4bn.

    Ahmadu Bello University followed, as its personnel allocation increased from N34bn to N44.5bn, reflecting a N10.5bn rise, or roughly 31 per cent.

    Other increases include UNILAG (N1.32bn), UNN (N6bn), OAU (N2.2bn), UNIBEN (N3.16bn), UNIJOS (N9.2bn), UNICAL (N5.5bn), UNILORIN (N5.26bn), UNIABUJA (N3.5bn), and UNIPORT (N2.3bn).

    Further adjustments showed ATBU with a N4.87bn increase, FUTO, Owerri (N5.24bn), FUTA (N1.5bn), Modibbo Adama University (N720m), UNIUYO (N211m), UNIMAID (N6.2bn), NAU (N6bn), Bayero University (N4.6bn), and Usman Dan Fodio University (N3.47bn).

    When contacted for further clarification on the higher personnel allocations for the tertiary institutions, the Director of Press and Public Relations at the Federal Ministry of Education, Boriowo Folasade, said she would get back to our correspondent, but had not done so as of press time.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleNigerians avoid deportation, take to waste bins as hideout in UK 
    Next Article Oil & Gas Key Player Rone Shines as Winner of New Telegraph, Sun Newspaper 2025 Awards 
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Education September 14, 2026

    2027/2028 UK Commonwealth Scholarship: How Nigerians Can Apply  

    Education September 14, 2026

    NELFUND Spends N1.08b on 5,381 Student Nurses, Midwives

    Education September 13, 2026

    JAMB To Handle All HND Admissions In Polytechnics — NBTE

    Education September 11, 2026

    Students Will Receive 100MB Free Data Daily From October 1 ~ FG

    Education September 10, 2026

    FG Cancels Data Costs for Nigerian Students, Plans Regulation of Internet for Under-16

    News September 10, 2026

    Sanwo-Olu Approves New LASU Vice-Chancellor

    Leave A Reply Cancel Reply

    Don't Miss
    News September 15, 2026

    NCC Demands Digital Inclusion for Persons with Disabilities

    To have an inclusive digital economy, the Nigerian Communications Commission, in partnership with CBM International…

    Nigeria And India To Partner On $15bn Bilateral Trade 

    September 15, 2026

    FG Has Set Up N729bn Bond To Settle GenCos’ Debts

    September 15, 2026

    INEC Unveils Final List Of Presidential Candidates For 2027 Election

    September 15, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Mars E&P secures $274 million facility from AFREXIM Bank

    November 25, 2021

    Benin Club @90: Leemon Ikpea, Gregory, Others To Be Invested As Patron, Trustees

    November 25, 2021

    Active Movie Producers And Marketers Association of Nigeria (AMPMAN)

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.