The Joint Admissions and Matriculation Board (JAMB) has remitted over N6 billion to the Federal Government as part of its operating surplus following the successful conduct of the 2024 Unified Tertiary Matriculation Examination (UTME).
This disclosure was made in JAMB’s weekly bulletin released in Abuja by its Public Communication Advisor, Dr. Fabian Benjamin.
The Board highlighted its consistent commitment to accountability, transparency, and openness in financial practices, noting that since 2017, it has provided weekly income and expenditure reports for public scrutiny.
Reflecting on its financial performance for 2024, JAMB revealed it generated a total income of N22.99 billion, out of which N18.2 billion was spent on examination logistics, service providers, and staff claims.
The bulletin emphasized that under the leadership of Professor Is-haq Oloyede, JAMB has contributed over N50 billion to the national treasury in the last seven years.
Additionally, in 2024, N1,500 was deducted per application form to ease the financial burden on candidates, amounting to a total value of N9 billion when added to the remittance.
Looking ahead to 2025, JAMB reaffirmed its commitment to transparency, financial responsibility, and fairness in the admission process, which remains central to its mandate.
