It has been brought to our notice that the JOINT ADMISSIONS AND MATRICULATION BOARD, JAMB has generated up to N8.453 billion from the sales of forms in 2018.
This revenue came from payments made by 1,602,762 candidates who registered for Unified Tertiary Matriculation fees paid by 135,670.00 Direct Entry candidates.
At the moment, it is not certain how much the board will be; remitting to the coffers of the Federal Government.
According to the source, it will close to last years figure which was N7.8 billion.
The source also disclosed that since the arrival of Ishaq Oloyede, Professor, as registrar, Jamb had ceased to request funding from federal government for its capital and recurrent expenditures.
When contacted Prof. Oleyede confirmed this but reused to make further comments on it.
DR. Fabian Benjamin also confirmed the information. He however stated that since JAMB direct entry registration and JAMB change of course and institution are; still on and with that, the revenue is likely going to be more that it is at the moment.
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