From Our Correspondent
Lagos, Jan. 7, ’25 (TNZ) The Joint Admissions and Matriculation Board (JAMB) says it remitted more than N6 billion to the Federal Government coffers in 2024.
TheNewsZenith reports that this is contained in the board’s weekly bulletin released on Monday in Abuja.
According to the bulletin, JAMB generated about N23 billion in 2024, out of which it remitted N6,034,605,510.69 to the government.
The board noted that despite the reduction of N1,500 in the Unified Tertiary Matriculation Examination form fees for candidates, it was still able to increase remittances to the government coffers
TheNewsZenith quotes the board as stating that the remittance formed part of its operating surplus.
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This is following the successful conduct of the 2024 UTME.
It has contributed over N50 billion to the national treasury over the past seven years.
“As we reflect on 2024, it is essential to uphold our commitment to transparency by sharing our financial performance for the year.
“In 2024, the board generated a total income of N22,996,653,265.25. We remitted N6,034,605,510.69 to the government,” the board stated.
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