The Minister of Labour and Employment, Chris Ngige, announced this on Tuesday in a statement signed by his new media aide, Emmanuel Nzomiwu.
Ngige said Buhari also directed the Minister of Finance, Budget and Planning, and the Accountant General of the Federation, to effect the directive.
The payment, according to him, will cushion the effects of coronavirus on lecturers and their dependents.
Ngige disclosed that Vice Chancellors have been asked to revalidate the affected lecturers Bank Verification Numbers (BVN) and forward to the Accountant General of the Federation for the payments.
The Buhari administration in January, stopped the salaries of the affected lecturers after they refused to enroll in the IPPIS.