The striking university lecturers, ASUU, are close to calling off their one-month-old ASUU strike after reaching a fresh agreement with the Federal Government on their demands.

The agreement comes after 15 hours of a closed door marathon meeting between ASUU and a government delegation in Abuja.

The leadership of ASUU, however, said though it accepted the proposal presented by the government, it will take the proposal to its members and get back to the government in a week.

Top of the agreement  reached at a 15-hour meeting that ended early yesterday in Abuja,is the immediate release,by government, of N220 billion to the universities to fund the revitalization of federal universities in the country.

The sum is expected to be paid not later than next month.

The money is to enable the institutions buy working tools needed for effective discharge of their responsibilities.

On his part, the Minister of Education, Adamu Adamu, said ASUU’s demands have been addressed and the union will get back to the government in a week after consulting with its principals.