JAMB generates N12bn, remits N7.8bn to FG
Registrar of the Joint Admission and Matriculation Board, Prof. Ishaq Oloyede, has said JAMB generated N12bn as income in 2017.
He added that after deducting its expenses, it remitted N7.8bn to the Federal government.
According to him, the board was able to remit such huge amount of money to FG because it blocked loopholes and checked wastages.
He stated that though JAMB was not a money generating agency, it was also not a money wasting establishment.
The registrar said 1.7million candidates sat for the last UTME in addition to 200 direct entry candidates, adding that the board was expecting two million candidates to sit for the examination in 2018.
More Stories
POLICE CONFIRM 15 WORSHIPPERS DEAD IN KANO MOSQUE ATTACK
The mosque attack at Gadan village, within the Gezawa Local Government Area of the state, resulted in the deaths of...
BREAKING: COURT DENIES BINANCE EXECUTIVE, TIGRAN GAMBARYAN BAIL
A Federal High Court Abuja, on Friday denied the bail application of a crypto currency firm executive, Tigran Gambaryan. Justice...
(PHOTOS): POLICE ARREST THREE SUSPECTED KIDNAPPERS, CULTIST, OTHERS IN DELTA
Five suspects in robbery, cultism, and kidnapping have been taken into custody by the Delta State Police Command. This was...
KEBBI GOV, NASIR IDRIS BEGINS DISTRIBUTION OF FG’S GRAINS
Nasir Idris, the governor of Kebbi State, has started the Federal Government's distribution of mixed grains to the vulnerable members of the state....
TWO WOMEN, BOY KILLED IN ABUJA COMMUNITY CLASH
No fewer than three people, including two women and a young boy, have reportedly been killed in a clash between...
POLICE ARREST PORTABLE OVER G-WAGON DEBT
The Lagos State Police Command, on Tuesday, arrested popular musician, Habeeb Okikiola, popularly known as Portable, for refusing to pay...