He made the disclosure in a statement following his meeting with the leadership of the union on Wednesday.
He also lauded the patriotism and strong will demonstrated by members of the union to uplift the standard of education in the country.
The minister, who had earlier threaten members of the union with sack following their refusal to call off the over five months old strike in the country's universities, stressed that ASUU want the best for the country.
According to him, "I am very pleased to announce that all contending issues between ASUU and the Federal Government have been resolved to the satisfaction of the parties. Let me emphasize that we recognize and appreciate ASUU's patriotic role and commitment towards ensuring that our Universities are well-funded, resourced and run like their counterpart in other parts of the world. Thus, we are all partners in progress and there is no victor; no vanquished in the struggle of this nature for as long as our goals remain noble, not actuated by parochial interests, and targeted at moving our nation forward".
He also assured that the Jonathan's administration is serious about revitalizing all universities and will continue to fund them as a matter of priority.
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