JAMB Remits N6 Billion to Nigerian Government — Board

Akanji Philip January 7, 2025 in Education Tagged FG, JAMB's Board - 1 Minute

The Joint Admissions and Matriculation Board has announced a remittance of over N6bn to the coffers of the Nigerian government in 2024.

According to the board’s weekly bulletin released on Monday by its Public Communication Advisor, Dr Fabian Benjamin, JAMB generated a total income of N22,996,653,265.25 in 2024, out of which N6,034,605,510.69 was remitted to the government.

Additionally, the board noted that the reduction of N1,500 in the Unified Tertiary Matriculation Examination form fees for candidates, multiplied by the number of beneficiaries, increased the effective remittance to N9,013,068,510.69.

The board also said the remittance formed part of its operating surplus following the successful conduct of the 2024 UTME.

The board also said it had contributed over N50bn to the national treasury over the past seven years under the leadership of its Registrar/Chief Executive, Prof. Is-haq Oloyede.

It partly stated: “As we reflect on 2024, it is essential to uphold our commitment to transparency by sharing our financial performance for the year. In 2024, the board generated a total income of N22,996,653,265.25.

“In 2024, the board remitted N6,034,605,510.69 to the government.

When combined with the N1,500 reduction per form for candidates multiplied by the number of candidates that benefited in 2024, the total remittance by JAMB would amount to N9,013,068,510.69.”

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

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