The Joint Admissions and Matriculation Board (JAMB) says it will adopt the cashless policy in the registration process for 2022 Unified Tertiary Matriculation Examination (UTME).
The Board said with the adoption of the new system, it would be collecting the approved N700 registration fee on behalf of the various Computer-Based Test (CBT) centers along with its UTME registration fees.
It said the money due to each registration centre would be remitted to relevant bank accounts on a weekly basis or any timeframe acceptable to the centre owners.
JAMB made this known via its weekly bulletin obtained by local news media.
The Board said its decision to go cashless in the UTME registration exercise would put an end to some of the fraudulent activities of some CBT centres, who charge candidates above stipulated fee.
In the previous years, candidates pay the sum of N700 at the centres. However, with the new policy, candidates simply walk into any registration centre and register without paying any amount as the fee hitherto payable to the centre had been paid along with the cost of obtaining the e-PINS.
Meanwhile, the examination body said it generated N141.2 million between 20 November and 26 November 2021.
Discover more from LN247
Subscribe to get the latest posts sent to your email.
