JAMB remits N7.8bn as examination surplus - A3techworld

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Monday, July 23, 2018

JAMB remits N7.8bn as examination surplus

JAMB remits N7.8bn  as examination surplus

The Joint Admissions and Matriculation Board (JAMB) has remitted another N7.8bn to the Federal Government.

The board’s Head, Media and Information, Dr Fabian Benjamin, disclosed this to the News Agency of Nigeria (NAN) on Sunday in Lagos.

According to him, the amount was the surplus generated from the conduct of the board’s 2018 Unified Tertiary Matriculation Examination (UTME).


“However, government in its magnanimity, graciously directed that we remit about N5.6 billion and use the balance for restructuring of the board’s headquarters to meet up with its international status.

“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.

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

Source: https://www.dailytrust.com.ng/jamb-remits-n7-8bn-as-examination-surplus-262156.html

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