This decision was reached after another meeting with the federal government led by the Minister of Labour and Employment Dr. Chris Ngige, in Abuja yesterday.
The government also promised to pay N40 billion as the Earned Allowance and N30bn for the revitalisation of the university system bringing the total payment to N70 billion.
The government further agreed to settle the arrears of salaries of the lecturers before December 31.
ASUU is expected to report the agreement to its organs and then communicate their decision to the government after which a date for the calling off of the strike would be announced.
Speaking to the press after the meeting, the minister said the meeting was successful and that everything would be resolved in the next meeting.
According to him, "Many issues were discussed at the meeting including salary shortfall, the payment system and revitalisation of the university system. I am positive that all the issues would be resolved at our next meeting.”