Federal University Staff did not smile to the bank as their February salaries came in slashed by half without reason.
President Muhammadu Buhari sprung a surprise at the staff of Federal Universities by slashing their salaries without prior warning nor reasons.
“We were called for an emergency meeting on Monday Morning and the Vice Chancellor announced that our salaries have been slashed by half by the Federal Government”, a senior staff in one of the Federal Universities told The Trent.
Speaking on condition of anonymity, he added: “There was confusion when we received our pay yesterday and it was half the usual amount. Every staff in the University received half salaries for February, both senior and junior staff.
“This is a very sad development, as we all know, prices of things have gone up, a reduction in income will take a very negative toll on us.
“Before now, the Universities have been poorly finded by the Federal Government, since the advent of TSA. We only pay in money to the account but we do not withdraw. No money is being released to the institution. We stay on hot offices because there is no money to buy fuel.
“The Buhari-led administration needs to change their mode of operation. Everything is running down.”
A staff in another Federal University confirmed this development saying “We received half salaries since January. It is really bad. We do not know how long this will last. We do not know whether it is temporary or permanent. There has been no official statement from the Presidency on this”