By Gabriella Ogbu
The Joint Admissions and Matriculation Board (JAMB), has remitted over N6 billion to the Federal Government as part of its 2024 operating surplus, following the successful conduct of the Unified Tertiary Matriculation Examination (UTME).
This milestone brings JAMB’s total contribution to the national treasury to over N50 billion in the last seven years under the leadership of Professor Is-haq Oloyede.
In its Monday Bulletin, JAMB credited these financial successes to its commitment to transparency and accountability.
The Board disclosed that it generated N22.99 billion in 2024, spending N18.19 billion on exam administration and other essential costs, including N2.12 billion in staff claims.
After remitting N6.03 billion to the government, the total contribution for the year rose to N9.01 billion, factoring in the N1,500 reduction in application fees per candidate.
JAMB’s financial discipline has earned national recognition. At an EFCC roundtable in January 2024, President Bola Tinubu, represented by Vice President Kashim Shettima, commended the Board’s prudent management.
Similarly, the Bureau of Public Service Reforms (BPSR), rated JAMB highly for its efficiency, and the House of Representatives praised its rigorous exam processes and integrity.
Beyond finances, JAMB has intensified its fight against fraud in education, partnering with agencies like NYSC to curb fake certificates.
The Board also embraced inclusivity, offering free UTME forms and registration fee refunds for Persons with Disabilities (PWDs).
Additionally, JAMB has revamped internal policies, replacing the Annual Performance Evaluation Report (APER), with a Performance Management System (PMS), to enhance accountability.
It has also officially discontinued illegal admissions without registration numbers, reinforcing compliance with its guidelines.
With its financial prudence, policy reforms, and commitment to integrity, JAMB continues to shape Nigeria’s educational landscape.