JAMB Breaks Another Record, Makes N2.27bn in one week

The Joint Admission and Matriculation Board JAMB within one year have accounted for over N7 billion naira to the federation account. An amount which is the first of its kind since the establishment of the board in 1978. JAMB however, from the inception of the former vice-chancellor of the University of Ilorin, Prof Ishaq Olayede, as the new leader, has brought positive change to the board. The “change” which has, however, reflected to the constant positive records in the board couple with record-breaking remittance to the federation board. The new boss, Prof Ishaq Olayede stated that within three years, the Joint Admission and Matriculation Board JAMB, has generated N20 billion naira.

However, the overall reforms by the new leader has being paying up, leading to a record-breaking report of making N2.27 billion naira from the selling of 2020 UMTE to the admission seekers into the Nigerian Universities within one week. In a record space of from January 17th to 23rd 2020. The record noted that in the cash inflow analysis, N2,122,400,000 was made from the sales of the e-registration pin. Also the board made N128,816,602 from sales of e-facilities. And finally, from CBT center service charges made N21,465,041.  

Personal View on the JAMB Record

Jamb Record

With kudus to the new leader of the JAMB Board for instilling discipline, sanity and putting the staff on their toes. Having constantly submitted an increase and record-breaking revenue to the federation account, I still believe the JAMB motive needs to be reviewed especially in area of means of fund generation. It’s not far-fetched that over 700,000 candidates have registered nationwide for the 2020 UTME. And most of these candidates are children who are being sponsored by non-financially buoyant parents or guardians.

While some, knowing the importance of education are working ‘tooth and nail’ to see themselves through the process. However, I really believe that ‘YES’, having made all the mouthwatering groundbreaking records, the government via JAMB, should consider the financial constraint of the majority of these candidates and drastically reduce, or if possible, swipe off all charges on it. Charges which include charges in obtaining the e-registration, e-facilities, Collection center service fee by CBT centers, among others.

Please lets here your thoughts on this. Do you think JAMB should be a source of income to the government?  Or can it be made free?

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