The Registrar of The Joint Admission and Matriculation Board, JAMB, Professor Ish’aq Oloyede, has made it known that JAMB generated a staggering 12 billion Naira in 2017 as income and, after deducting its expenses, had 7.8 billion Naira left which it remitted to government’s treasury's account
Prof. Oloyede, who spoke during an interactive session with journalists in Ilorin yesterday, said the board was able to remit such money to the treasury because it blocked loopholes and checked wastages.
Prof. Oloyede said though JAMB is not a money-generating establishment, it is not a money-wasting one.
He said the board had also devised means to check candidates who do multiple registrations by deliberately writing their names wrongly with the intention to claim the result of the one with the highest score and, thereafter, demand correction of the name claiming that the fault is not theirs.
Oloyede, who disclosed that 1.7 million candidates sat for the last UTME, said the board expects two million candidates in 2018.

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