JAMB remits N2bn into FG’s account
JAMB Registrar Prof Is-haq Oloyede
Photo: Daniel Adejo/Radio Nigeria
The Joint Admissions and Matriculation (JAMB) has again remitted N2billion as its interim surplus for the 2023 operating year, and promise to remit more as its operations for the year are completed.
This is in furtherance of the pledge by the 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.
A statement by the Head of Public Relations of JAMB Dr Fabian Benjamin said since assuming office, the Prof Is-haq Oloyede-led management has remitted over N55billion to the Federal Government coffers.
‘’This is far above the less than the N60million remitted by the Board in the 38 years of the existence of the Board prior to the appointment of Prof Oloyede.
On assumption of office of the current Registrar, he had come up with a policy which holds that whatever would be done, must be on the table.
This has changed the narratives such that JAMB now posts humongous returns to the Consolidated Revenue Fund (CRF).
These returns were bolstered by the Board’s expanded internal capacities for its operations achieved through direct execution of its processes and procedures, which instantly resulted in, for instance, a savings of N1.2billion being paid annually to a service provider and a downward review of the N1.2billion being annually paid to another to about N400million with the same old service provider’’.
In another development, 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 our national peculiarities.
According to the statement, another major policy change also to be implemented by the Board to holistically address all loopholes giving rise to abuses in the Direct Entry admission processes is that all DE candidates, which comprise those seeking to be in Year Two in the universities, would henceforth be required to sit the Unified Tertiary Matriculation Examination UTME along with other candidates for them to justify the possession of their A’level certificates.
Writing by Daniel Adejo; Editing by Oluwaseyi Ajibade