The Academic Staff Union of Universities, ASUU, has explained why it is meeting with the Federal Government ended in a deadlock earlier this week.

Recall that ASUU had on Tuesday, August 16, met with the Federal Government through the Prof. Nimi Briggs committee but the meeting ended without any resolution to the ongoing strike that has kept university students at home the last six months.

ASUU said it rejected the Federal Government’s offer because it is “miserly”.

ASUU President, Prof. Emmanuel Osodeke, disclosed this in a statement on Thursday, August 18 titled, ‘Why ASUU rejects government’s award of salary’.

The statement read in part, “The major reason given the Federal Government for the miserly offer, paucity of revenue, is not tenable.

“There is wasteful spending, misappropriation of fund and outright stealing of our collective patrimony.

“ASUU believes that if the leakages in the management of the country’s resources are stopped, there will be more than enough to meet the nation’s revenue and expenditure targets without borrowing and plunging the country into a debt crisis as is the case now,”it said