Nigeria Education Minister, Adamu Adamu has said the Joint Admission and Matriculation Board (JAMB) had remitted about N29 billion directly into the Consolidated Revenue Fund (CRF).
Adamu made this known at a policy meeting on admissions into tertiary institutions in Abuja.
The minister said the board had also granted over N1 billion to tertiary institutions and expended more than N2 billion on capital projects.
He added that the board had reserved N6 billion for its future expansion and as part of its Corporate Social Responsibility (CSR).
Adamu said JAMB also provided social services, such as funding the freighting and delivery of donated critical hospital equipment to 12 teaching hospitals at the cost of $257,000 and #47 million.
According to him, the board has continued to serve as a model for public agencies in vision, devotion, transparency and efficiency, yielding enormous goodwill to the government and people of Nigeria.