JAMB remits N7b to Fed Govt
It said that it had returned N3.5billion to the government following the sales of ePINs to UTME candidates, bringing the total remittance this year by the board to N7billion.
According to the statement, the remittance was done in line with the Registrar, Prof. Is-haq Oloyede’s avowed commitment to remit wholly, excess funds generated from its operations to the Federal Government. The statement reads: “The Joint Admissions and Matriculation Board has made an interim remittance of N3.5billion to the Federal Government consolidated account for the 2020 expected remittance in line with Prof. Oloyede’s avowed commitment to remit wholly, excess funds generated from its operations to the Federal Government.“It had made the payment of over N3.
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