The Federal Ministry of Education confirmed the development through an official invitation sent to all Vice-Chancellors and Registrars of federal universities via the University Education Department.
The new agreement addresses several critical areas that have long been sources of contention between the government and the union.
Academic staff will receive a 40 per cent salary increase under the terms of the deal. The agreement also introduces significantly improved pension benefits, with professors set to retire at age 70 with pensions equal to their full annual salaries—a demand ASUU has pursued for years.