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JAMB Remits N3.51bn 2021 Operating Surplus

JAMB Remits N3.51bn 2021 Operating Surplus

The Joint Admissions and Matriculation Board (JAMB) has returned the sum of N3.51 billion to the national account as part of its 2021 operating surplus. Information Guide Nigeria

The 2021 remittance was in line with Prof. Is-haq Oloyede’s pledge to manage public funds.

This was contained in a statement signed by Dr. Fabian Benjamin, the spokesperson of the Board.


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Dr Benjamin added that the act is in line with the registrar’s commitment towards the remittance of excess funds generated by the body.

According to DAILY POSTS, in Benjamin’s words: ā€œIt has been the norm rather than the exception in the last six years beginning from 2016 when he remitted the whopping sum of N7 billion and repeated same in subsequent years”. jamb results

ā€œIt is pertinent to note that one of the direct benefits of the sustained remittances by the Prof. Oloyede-led management manifested in the reduction of the cost of the application documents of UTME and DE, by candidates from N5,000 to N3,500 in 2018 by President Muhammadu Buhari.

ā€œThis singular act has ensured the annual transfer of over N3 billion to the pockets of parents and guardians of candidates as a consequence of the slash in the price of UTME forms,ā€ he said.

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Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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