The Minister of Labour and Employment, Dr Chris Ngige, made this disclosure in a statement signed by his new media aide, Emmanuel Nzomiwu.
Ngige said the president also directed the Minister of Finance, Budget and Planning, and the Accountant General of the Federation to effect the payment urgently to cushion the deleterious effects of COVID 19 pandemic lockdown on lecturers and members of their family.
The Labour Minister added that all the Vice Chancellors were asked to revalidate the affected lecturers Bank Verification Numbers (BVN) and forward to the Accountant General of the Federation for the payments.
The Federal Government had directed all federal tertiary institutions in the country to enroll in the IPPIS from February 2020.
AFRICA DAILY NEWS, NEW YORK
