The Federal Government on Wednesday proved it has actually paid the sum of N200 billion into an account with the Central Bank of Nigeria designated for funding the nation’s striking universities.

The Senior Special Assistant to President Goodluck Jonathan on Public Affairs, Dr. Doyin Okupe, said at a press briefing in Abuja that the account, a “revitalization of Universities Infrastructural Account,” was authorized by the office of the Accountant General of the Federation on November 13.

Arguing that there were enough reasons for the nation’s striking university lecturers to return to the classroom, Okupe said, “I state categorically that I have personally seen the balance in the account as of today and confirm that it contains the requisite amount and disbursement will commence as soon as ongoing administrative processes are sorted out.”

He said he wanted to re-affirm that the President and the administration have no credibility issues whatsoever.

“Mr. President has always honored his words and obligations to the Nigerian people as and at when due,” he said.

Okupe dismissed the four items mentioned by ASUU as preconditions for calling off the strike, stating that none of them “remain substantially pending or weighty enough to justify” the continuation of the strike even one day longer.

“Having come this far, we believe it is time that we all come together once again as major stakeholders in the affairs of the country and the educational sector in particular to move on and begin to chart a new course for advancing the sector and improving the standard of our institutions for higher learning,” he said.  “There are no victor or vanquished in this protracted disagreement.”

However, the Federal Government has extended the ultimatum to December 7.