JAMB Boss Professor Ishaq Oloyede has reportedly remitted huge sums in billions of naira to the federal government since his appointment in August 2016. The Registrar and Chief Executive of Joint Admission and Matriculation Board remitted over N5bn in 2017, N7.8bn in 2018 and N5bn in 2019 as surplus funds to the FG.
Reports also have it that the former JAMB Boss remitted only about N50m for the span of six years he was on sit.
Note: WAEC EXAMS NOT CANCELLED FOR 2020
JAMB Now Generating Surplus Funds for FG
This singular comparison brings a lot of questions to mind which Nigerians are asking. Given that JAMB is having huge sums as excess fund, is it possible for the cost of obtaining jamb forms to be reduced? If the agency is generating this huge surplus from poor Nigerians, can the cost for JAMB exams be just the amount to sustain the agency so as to reduce the cost of education?
Moreso, the possibility that JAMB can generate such sums in a single year as surplus points fingers of embezzlement at the former registrar and Chief Executive Officer of JAMB.
JAMB Now Generating Surplus Funds for FG
Professor Ishaq Oloyede before his appointment as the registrar and CEO of JAMB served as the Vice-Chancellor for the University of Ilorin. He has track record of efficient management and implementation of policies that till date has tremendous positive effect of the students and staff of University of Ilorin.
Suggestions from the public are that he should be transferred to another agency of the government with expected remittance to assist the government in generating more funds especially now that the oil price is crashing.
JAMB Now Generating Surplus Funds for FG
