The Academic Staff Union of Universities, or ASUU, has dem anded N1.1 trillion from Nigerian billionaires Aliko Dangote and Femi Otedola.


Pelumi Olajengbesi, an attorney from Abuja, appealed to the wealthiest persons in the nation, including Mike Adenuga, chairman of Globacomm, and Abdulsamad Rabiu of the BUA Group.

Olajengbesi charged that the Nigerian government had acted irresponsibly and carelessly in trying to end the protracted ASUU strike that started on February 14, 2022.

In light of this, the attorney urged owners of multimillion dollar companies to step up and support the education sector, just as they did in 2020 during the COVID-19 pandemic, when their financial intervention significantly aided the nation’s efforts to combat the dreaded coronavirus and its negative economic effects.

Following the words of Ebonyi State Governor Dave Umahi, who stated that the Federal Government cannot borrow N1.1 trillion to meet ASUU’s demands, he made a plea to the business moguls who are also philanthropists.

Olajengbesi said; “The comment by Governor Dave Umahi of the All Progressives Congress is uncharitable and insensitive to millions of students of public universities who have been at home for seven months now since February 14, 2022 when ASUU embarked on an industrial action this year.

“It is reckless for the governor to say that the present administration cannot borrow N1.1 trillion to defray the Revitalization Fund and the Earned Academic Allowance owed ASUU. Whereas, the APC government has embarked on a borrowing spree since 2015 with Nigeria’s debt to China increasing from $3.26bn as of September 30, 2020, to $3.59bn as of September 30, 2021, showing an increase of $330m in one year. The figure has definitely risen in the last one year.

“The APC government must know that education is at the core of any development. Spending loans on phantom White Elephant projects and train is counterproductive without building the mind. Any infrastructural development without human capital development is nonsense.

“Having demonstrated its unwillingness to end ASUU strike despite the billions that Umahi’s APC received in the recent primary elections, good-spirited Nigerians can only appeal to business magnates like Aliko Dangote, Femi Otedola, Abdul Samad Rabiu, Mike Adenuga, as well as bank chiefs to come to the rescue of the common Nigerians whose children have been out of school for seven months this year and nine months in 2020 whilst politicians send their children to schools abroad.

“The philanthropists should please answer the call of the nation for youths to return to classrooms as some of them may be lured into crimes as a result of idleness. One of Nigeria’s greatest resources is its vibrant youth bulge and this population should be harnessed for productivity and not left to rot away.”