JAMB Remits N3.51b as 2021 Operating Surplus to National Treasury

JAMB Remits N3.51b as 2021 Operating Surplus to National Treasury

  • As part of its 2021 operating surplus, the Joint Admissions and Matriculation Board announced it has paid the sum of N3.51b to the national treasury
  • This announcement was made public by JAMB spokesperson, Fabian Benjamin on Tuesday, November 2, in Abuja
  • Benjamin noted that the remittance was gotten from the inclusion of international best practices and lucrative yet effective processes by the board

Abuja- The Joint Admissions and Matriculation Board (JAMB) says it has remitted the sum of N3.51b to the national treasury, as part of its 2021 operating surplus.

The Guardian reports that Fabian Benjamin, JAMB Spokesperson made this disclosure on Tuesday, November 2, in Abuja.

According to Benjamin, the 2021 remittance was part of Prof. Ishaq Oloyede's avowed commitment to prudent management of public resources.

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JAMB pay N3.51b as 2021 operating surplus to national treasury
JAMB registrar, Prof Ishaq Oloyede is committed to making prudent use of public resources. Photo credit: Prof Is'haq O. Oloyede
Source: Facebook

Benjamin said:

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“This commitment to probity coupled with the adoption of international best practices make for cost-effective operational processes and attendant savings to yield those humongous remittances to government coffers.
“This has been the norm rather than the exception in the last six years beginning from 2016 when he remitted the whopping sum of N7b and repeated same in subsequent years.
“It is pertinent to note that one of the direct benefits of the sustained remittances by the Prof. Oloyede-led management manifested in the reduction of the cost of the application documents (UTME and DE) by candidates from N5000 to N3500 in 2018 by President Muhammadu Buhari.
“This singular act has ensured the annual transfer of over N3b to the pockets of parents and guardians of candidates as a consequence of the slash in the price of UTME forms.”

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The Board as led by Prof Ishaq Oloyede would continue to prune down the cost of governance and release resources for other needy national prioritized areas.

Nigerian lady who begged family member before she could buy JAMB form gets scholarship in UK University

Meanwhile, Legit.ng had earlier reported that a Nigerian lady, Lovelyn Chiamaka Obiakor, has taken to LinkedIn to show her happiness after she was able to secure a scholarship abroad.

In a lengthy post, the lady said that she never knew she would make it this far considering the background she came from.

Showing that hard work always pays off, the lady revealed that she had to beg a family member to give her money for JAMB registration.

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In another report, congratulations are in order for a young lady as she graduated from the university in style.

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The lady identified as Olajumoke Sorungbe bagged a first-class in law from the University of Lagos and made the announcement on her LinkedIn page.

Olajumoke while sharing a photo of her graduating degree grade described her success as evidence of years of hard work, consistency and dedication.

Source: Legit.ng

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