JAMB Remits N2 Billion As Interim Surplus To FG

The Joint Admissions and Matriculation (JAMB) says it has remitted the sum of N2billion as its interim surplus for the 2023 operating year, affirming that more would be remitted as its operations for the year are completed.

In a statement, JAMB Head of Public Affairs and Protocol, Dr.Fabian Benjamin, this is in furtherance of the pledge made by Prof. Is-haq Oloyede-led management on assumption of duty, that it would leverage on technology and discipline to manage the affairs of the Board.

The JAMB official stated that since assuming office, the Prof. Ishaq Oloyede-led management has remitted over N55 billion to the Federal Government coffers, which is far above the N60 million remitted by the Board in it’s 38 years of existence prior to the appointment of the Registrar.

JAMB also stated that since assuming office, the current Registrar had come up with a policy which holds that whatever would be done must be on table.

It noted that the initiative has changed the narratives such that JAMB now posts humongous returns to the Consolidated Revenue Fund (CRF), which was bolstered by the Board’s expanded internal capacities for its operations achieved through direct execution of its processes and procedures.

The examination body revealed that the savings from a downward review of N1.2 billion paid to a service provider annually has amounted to N400 million with the same old service provider in addition to the recovery of over N1.2 billion in both cash and estates in choice areas of Abuja, in 2016.

In the same vein, the Board has expressed its commitment to press ahead with its efforts to reposition the conduct of public examinations in Nigeria.

In a statement issued at the end of its management committee meeting held to appraise the recent crisis witnessed in the conduct of the 2023 Direct Entry registration, the Board stated that the seeming crisis was birthed by the implementation of some of its newly-adopted processes aimed at curbing infractions in the admission value chain given the country’s peculiarities.

The board therefore announced that henceforth, all Direct Entry candidates seeking admission to 200 level would be required to write the Unified Tertiary Matriculation Examination (UTME) along with other candidates in order to justify the possession of their A’level certificates.