The Academic Staff Union of Universities (ASUU) has agreed to suspend its strike, government sources say.
But the union is yet to officially suspend its eight-month strike after reportedly reaching an agreement with the federal government on Friday.
The government also agreed to raise the total money offered to ASUU to N70 billion. ASUU said it would meet with its members before making any official announcement.
An earlier version of this story erroneously stated that the union called the strike off already.
ASUU has been on strike since March over the non-implementation of agreements and resolutions the federal government reached with it in 2009.
It had also opposed the adoption of the Integrated Payroll and Personnel Information System (IPPIS) while presenting its University Transparency and Accountability Solution (UTAS) as an alternative.
ASUU has had several meetings with the federal government since the strike commenced but no agreement was reached.
The federal government, however, bowed to pressure last week as it offered the sum of N65 billion to ASUU so it can call off its industrial action which has grounded academic activities in the public universities.