JAMB Remits N7.8bn To Federal Account In 2017

JAMB Remits N7.8bn To Federal Account In 2017

The Joint Admission and Matriculation Board, JAMB remitted N7.8 billion to the Federal Government coffers in 2017.

The Registrar of JAMB, Professor Ish’aq Oloyede said this, adding that the board actually made N12 billion in the year as income and was able to remit N7.8 billion after all deductions and expenses.

Oloyede spoke with journalists in Ilorin, Kwara State on Monday where he revealed that the board was able to attain such feat because it blocked some loopholes some people used to syphon money.

“We block wastages even though the board is not a money-generating outfit. JAMB is not a money-generating establishment, it is not a money-wasting one,” he said.

He revealed that some candidates had come up with a new system of examination malpractice. “They intentionally do multiple registrations to write UTME and pick the highest scores, only to apply for a change of name or to correct their wrongly spelt names.”

He said that the board had come up with a way to curb them and stop such system of malpractice.