The polity may grind to a halt due to the proposed strike by the organized labour which commences on Tuesday with the Academic Staff Union Of Universities (ASUU) already starting their industrial action on Monday.
An official of ASUU, Ben Ugwoke confirmed this development to the media saying this is due to the Federal Government failing to implement an agreement with the union and such has to be implemented before it can be called off.
The strike is to protest the poor funding of Nigerian universities and alleged plan by the federal government to increase students fees and introduce an education bank.
The declaration of the strike by ASUU was championed by its National President, Biodun Ogunyemi, after a meeting of its National Executive Council late on Sunday.
Ogunyemi said, “The Nigerian government experimented with it for 7-8 years; it failed.
“So the government had to set up a ministerial committee at the federal executive council to go and wind up the national education banking plan in 2001/2002, something they started in 1993.
“So for seven to eight years, the experiment failed. Why did it fail? Government was not living up to its financial obligations towards the bank.
“There was widespread corruption, capacity of students to pay back the loan was not there, because there were no jobs and there are still no jobs.
“So you can imagine what will become of a bank that the loan equipment is not coming or is very low, the rate of payment is low or not coming.
“And we told them all of these but they went ahead to come up with the idea that well, we have calculated the cost of what we need to train an undergraduate and they have estimated that it will be N1 million that they will borrow from the bank.
“These students will borrow 1 million, but when they borrow, 70 per cent of it will be paid directly into the universities and 30 per cent will be given to students to maintain themselves. We smelt a rat.
“Why? Why are you insisting that students who do not have the capacity to pay should borrow and that this time around the money will not be given to them will be paid directly to universities irrespective of whether private or public.”
The Federal Government is yet to respond to this latest declaration of a strike by another important union in the country.