University students may soon be back in schools as the federal government and members of the Academic Staff Union of Universities, ASUU, has reached an agreement over some of the lingering issues that have resulted to the union’s prolonged industrial action.

The national president of the Union, Professor Biodun Ogunyemi, said the National Executive Committee will review its decisions based on the new commitment by the federal government.

He, however, said the strike could only be called off or not after the NEC meeting, while not saying did when the meeting will hold.

The lecturers have been on strike since November 4 demanding improved funding of universities and implementation of previous agreements with the government.

After a meeting, Monday, the minister of labor and employment, Chris Ngige, stated that an agreement had been reached.

According to Ngige, the accountant general and the ministry of finance have confirmed with evidence that N15.4 billion had been released to cover funding in public universities.

He also stated that on earned allowances, President Buhari has approved N20 billion to be used to offset the outstanding arrears of the 2009 to 2012 audit verified earnings in the universities.