By Attah Ede
The Joint Admissions and Matriculation Board, on Tuesday said, it has remitted over N6bn to the federal government account as part of the revenue generated for the year 2024.
This was contained in the board’s weekly bulletin released on Monday by its Public Communication Advisor, Dr Fabian Benjamin.
According to Mr. Fabian, JAMB generated a total income of N22,996,653,265.25 in 2024, out of which N6,034,605,510.69 was remitted to the government.
Furthermore, the board acknowledged that the reduction of N1,500 in the Unified Tertiary Matriculation Examination form fees for candidates, multiplied by the number of beneficiaries, increased the effective remittance to N9,013,068,510.69.
The board also said the remittance formed part of its operating surplus following the successful conduct of the 2024 UTME.
The board also said it had contributed over N50bn to the national treasury over the past seven years under the leadership of its Registrar/Chief Executive, Prof. Is-haq Oloyede.
“As we reflect on 2024, it is pertinent l 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.”, Fabian stated.
