By Gabriella Ogbu
The National Assembly’s Joint Committee on Finance has questioned the Joint Admissions and Matriculation Board’s (JAMB), 2025 budget proposal, warning that the agency’s federal grant may be revoked.
During a budget defense session, JAMB Registrar, Prof. Ishaq Oloyede, revealed that the agency remitted N4 billion to the Consolidated Revenue Fund while receiving N6 billion in government grants.
Lawmakers, including Abiodun Faleke and Senator Adams Oshiomhole, criticized the allocation, arguing that JAMB, a self-funded agency, should not rely on public funds.
Oshiomhole further questioned JAMB’s N1.1 billion expenditure on meals and refreshments, N850 million on security and fumigation, and N600 million on local travel, demanding accountability for the agency’s spending.
The committee’s scrutiny underscores growing concerns over financial transparency in government agencies.
