JAMB remits N7bn to FG for 2020 UTME

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    The Joint Admissions and Matriculation Board has made a remittance of N7bn to the Federal Government, saying the amount is part of the excess funds generated in 2020, particularly from the March and April Unified Tertiary Matriculation Examination.

    The board said on Sunday that it made “an interim remittance of N3.5bn to the Federal Government’s consolidated account,” which was added to an initial N3.5bn raked in from the UTME candidates by way of the reduction of the cost of electronic PINs as approved by the Federal Government.

    The JAMB Head of Media, Dr Fabian Benjamin, said in a statement that the Registrar, Prof. Is-haq Oloyede, had directed that more remittances be done by the board and a “proper audit of JAMB books be carried out.”

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