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    JAMB remits N7.8b from 2018 UTME

    Chronicle EditorBy Chronicle EditorJuly 22, 2018No Comments2 Mins Read
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    JAMB registrar, Prof. Ishaq Oloyede
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    JAMB registrar, Prof. Ishaq Oloyede has remitted N15.6 billion in two years
    JAMB registrar, Prof. Ishaq Oloyede has remitted N15.6 billion in two years

    The Joint Admissions and Matriculation Board (JAMB) has remitted another N7.8 billion to the federal government, bringing to N15.6 billion, the amount remitted by the examination body in less than two years.

    The latest remittance is the surplus generated from the conduct of 2018 Unified Tertiary Matriculation Examination (UTME).

    However, government in its magnanimity, directed JAMB remits about N5.6 billion of the amount and use the balance for restructuring of the board’s headquarters to meet up with its international status.

    The board’s Head, media and information, Dr Fabian Benjamin, told the News Agency of Nigeria (NAN) on Sunday in Lagos, that the board has planned to remit the whole as was done in 2017.

    “We, therefore, want to appreciate the governing board of JAMB led by Dr Emmanuel Ndukwe for the tremendous support in ensuring that the current administration’s vision of transparency and accountability as fully embraced by JAMB is sustained.

    “The Ndukwe-led board had, within its short period of inauguration, contributed immensely in some ground breaking innovations.

    “One of such innovations is the quick remittance of the 2018 surplus. Whatever candidates pay for JAMB’s examination is a trust and must be accounted for.

    READ: PDP will claim Adamawa in 2019, says Atiku

    “The board, though not a revenue generating agency, will continue to be judicious with resources at its disposal,” he said.

    “The board is thinking of how to ensure that candidates benefitted from the surplus.

    “We are currently looking at a number of ways to enhance the conduct of the examination where candidates will benefit by way of conducive environment in writing the examination.

    “We are also looking at putting more mechanism in place that will ensure absolute equity and fairness in the selection of candidates through enhanced technology as currently being done by the Central Admission Process Selection (CAPS),” he said.

    Benjamin said that the board was set to acquire cutting edge technology to give candidates the best registration procedure, examination and a more improved selection process.

    He said the development was similar to the one that was currently being developed by the CAPS initiative.

    Benjamin lauded the efforts of members of staff of the board, as well as other key stakeholders, for their doggedness, commitment and support in ensuring that integrity of the board and its examination was sustained.

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    Former Minister of Power Olu Agunloye after the FCT High Court ruled that the EFCC defamed him over a $6 billion fraud publication.

    EFCC seeks to overturn N10m defamation award to Agunloye

    July 12, 2026
    US President Donald Trump speaking as reports emerge that Israel shared intelligence alleging a new Iranian assassination plot.

    US insists Strait of Hormuz is open despite strikes with Iran

    July 12, 2026
    Lindsey Graham is among those backing giving Joe Biden briefings, but remains a Trump ally

    US senator Lindsey Graham dies after ‘brief and sudden illness’

    July 12, 2026
    Lagos State Taskforce officials impounding commercial motorcycles during an enforcement operation along ECOWAS Road.

    Lagos cracks down on illegal okada operations, impounds 309 motorcycles

    July 12, 2026
    Sanwo-Olu The Lagos State Internal Revenue Service has declared that it will use third-party agents to collect unpaid taxes from defaulting taxpayers, including banks, employers, debtors, tenants, and business partners.

    Lagos taskforce ends party on public road in Yaba

    July 12, 2026
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