By Milcah Tanimu
The Joint Admissions and Matriculation Board (JAMB) has announced a remittance of over N6bn to the Nigerian government for the year 2024.
According to JAMB’s weekly bulletin, released by Public Communication Advisor Dr. Fabian Benjamin, the board generated a total income of N22,996,653,265.25 in 2024. From this amount, N6,034,605,510.69 was remitted to the federal government.
Additionally, JAMB implemented a N1,500 reduction in Unified Tertiary Matriculation Examination (UTME) form fees, benefiting many candidates. This adjustment boosted the total remittance to N9,013,068,510.69.
The board emphasized that this remittance forms part of its operating surplus following the successful conduct of the 2024 UTME.
Over the past seven years, under the leadership of Prof. Is-haq Oloyede, JAMB has contributed over N50bn to the national treasury, reaffirming its commitment to transparency and financial responsibility.
