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The Joint Admissions and Matriculation Board(JAMB) has remitted the sum of N3.51b to the national treasury as part of its 2021 operating surplus.
Head of Public Affairs and Protocol Unit of JAMB, Fabian Benjamin, who disclosed this in a statement,noted that the 2021 remittance was in line with Prof. Is-haq Oloyede’s avowed commitment to prudent management of public resources.
It read, “This commitment to probity coupled with the adoption of international best practices make for cost-effective operational processes and attendant savings to yield those humongous remittances to government coffers. This has been the norm rather than the exception in the last six years beginning from 2016 when he remitted the whopping sum of N7b and repeated the same in subsequent years.
“It is pertinent to note
that one of the direct benefits of the sustained remittances by the Prof. Oloyede-led management manifested in the reduction of the cost of the application documents (UTME and DE) by candidates from N5,000 to N3,500 in 2018 by President Muhammadu Buhari.”
According to him,the singular act has ensured the annual transfer of over N3b to the purse of parents and guardians of candidates as a consequence of the slash in the price of UTME forms.
The statement added, “The Board as led by Prof Is- haq Oloyede would continue to prune down the cost of governance and release resources for other needy national prioritized areas.”
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847500cookie-checkJAMB Remits N3.51bn To FG
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