WATCH THE VIDEO HERE THE Joint Admissions and Matriculation Board (JAMB) has reported that it remitted over N6 billion to the Nigerian government in 2024. In a weekly bulletin released yesterday by Dr. Fabian Benjamin, the board’s Public Communication Advisor, it was revealed that JAMB generated total income of N22,996,653,265.25 in 2024, of which N6,034,605,510.69 was remitted to the government. The board also highlighted that a reduction of N1,500 in the Unified Tertiary Matriculation Examination (UTME) form fees for candidates, multiplied by the number of beneficiaries, increased the total remittance to N9,013,068,510.69. Furthermore, JAMB stated that this remittance is part of its operating surplus following the successful administration of the 2024 UTME. The board has contributed over N50 billion to the national treasury in the past seven years under the leadership of its Registrar/Chief Executive, Prof. Is-haq Oloyede. In their statement, they said: “As we reflect on 2024, it is essential to uphold our commitment to transparency by sharing our financial performance for the year. In 2024, the board generated a total income of N22,996,653,265.25. “In 2024, the board remitted N6,034,605,510.69 to the government. When combined with the N1,500 reduction per form for candidates multiplied by the number of candidates that benefited in 2024, the total remittance by JAMB would amount to N9,013,068,510.69.”
JAMB generated N22.9b, remitted N6b to FG – Board
