Nigerian universities are currently facing a variety of challenges, with several key issues dominating the news. The most pressing concern is the threat of another strike by the Academic Staff Union of Universities (ASUU). The union has raised alarm over the government's failure to fulfill agreements made in 2009, as well as the refusal to pay withheld salaries and earned allowances from previous industrial actions. ASUU has warned that if these issues are not addressed, they might embark on another nationwide strike, potentially disrupting the academic calendar once more.

In addition to the salary issues, universities are grappling with skyrocketing operational costs, particularly electricity bills. Many universities, such as the University of Lagos (UNILAG), are reportedly spending as much as ₦300 million on electricity each month, while receiving only ₦15 million from the government for overhead costs. This discrepancy has left many institutions on the verge of financial collapse, with the possibility of closing down if additional support is not provided. ASUU has continuously criticized the government's spending priorities, highlighting the imbalance between university funding and the allowances granted to individual government officials.

Despite these challenges, there are some positive developments in the education sector. President Bola Tinubu recently approved the phased launch of six new universities, including institutions focused on agriculture, education, and medicine. These new institutions are intended to help address Nigeria’s pressing educational and workforce needs, especially in critical sectors like healthcare and agriculture.

In summary, while Nigerian universities face significant hurdles due to financial constraints and unresolved agreements, efforts are being made to expand the sector and address long-term educational gaps. However, the risk of another prolonged strike remains a serious concern for students and educators alike.