education news

JAMB Makes N1.2bn In One Week, Suspends Nine CBT Centres

The Nigerian Joint Admissions and Matriculation Board (JAMB) has announced recently that it made a total sum of N1.3 billion between January 18 and 24, 2019 as revenue.

 

 

JAMB made this disclosure in Volume 1, Number 4 of its JAMBulletin- a weekly publication of the office of its Registrar, Ishaq Oloyede.

According to the examination body, during the week under review, JAMB made N42,457,657 from the use of its electronic facilities; N1,212,800,000 from UTME registration, N13,378,604 as service charges by the CBT centres and N52,657,00 from other sources.
It, however, noted that within the week, it recorded an expenditure of N48.3 million through its expenses on staff. Including legal services, payment for utilities, taxes, travelling, among others.
The Registrar, Joint Admission and Matriculation Board, JAMB, Is’haq Oloyede2019 UTME. JAMB makes N1.2bn in one week, suspends nine CBT centresJanuary 27, 2019Mojeed AlabiThe Joint Admissions and Matriculation Board (JAMB) has announced that it made a total sum of N1.3 billion between January 18 and 24, 2019 as revenue.

The huge sum is part of the examination body’s revenue generated through the ongoing registration for the 2019 Unified Tertiary Matriculation Examination (UTME) and other sources including sale and use of its electronic facilities.
This was as the examination body suspended nine of its more than 700 Computer-Based Test centres taking part in the ongoing registration exercise over allegations bordering on their engagement in illegal activities. The affected centres include the University of Benin ICT Computer Based Test (CBT) and DA Civic Centre, both in Benin City, Edo State; Mardakem Company Ltd., Oron, Akwa Ibom State; Bintels Global Services LTD, Aguleri, and Noble & Shuaib ICT Ltd, Alor, Anambra State, among others.

JAMB made this disclosure in Volume 1, Number 4 of its JAMBulletin- a weekly publication of the office of its Registrar, Ishaq Oloyede.
According to the examination body, during the week under review, JAMB made N42,457,657 from the use of its electronic facilities; N1,212,800,000 from UTME registration, N13,378,604 as service charges by the CBT centres and N52,657,00 from other sources.
It, however, noted that within the week, it recorded an expenditure of N48.3 million through its expenses on staff claims, legal services, payment for utilities, taxes, travelling, among others.

Leave a Reply

Your email address will not be published. Required fields are marked *