The House of Representatives has directed the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to the Federal
The House of Representatives has directed the Joint Admission and Matriculation Board to remit N3.602 billion to the Federal Government Consolidated Revenue Fund .
This order, given by Hon. Bamidele Salam, Chairman of the Public Accounts Committee, came during an investigative hearing in Abuja. Salam emphasised that remittance was a legal obligation and was not open to personal interpretation. “It is a matter of law or regulation,” he asserted, addressing concerns about JAMB’s contention over the percentage of revenue remitted.The Fiscal Responsibility Commission had previously brought JAMB before the Committee for failing to remit its operating surplus.
FRC representative Mr Bello Aliyu revealed that JAMB’s liabilities had escalated to N3.602 billion as of 2022.In response, JAMB’s Director of Finance and Administration, Mr Mufutau Bello, argued that the discrepancy arose from a shift from 25 percent to 50 percent remittance. He highlighted that the government reduced JAMB’s registration fee from N5,000 to N3,500 in 2019 as part of its commitment to affordable education.The resolution of this dispute will hinge on JAMB’s adherence to the House’s directive and the ongoing discussions with the FRC.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Newspaper Headlines: How $6bn NNPC debt is causing petrol supply hitchesReports on how $6 billion owed to suppliers worsened the lingering petrol scarcity in many parts of the country, dominate the frontpages of Nigerian newspapers today
Read more »
Admission seekers, parents lament sluggish application, document submission process at JAMB officeAdmission seekers and parents lamented the problem at the JAMB office in Kado, Abuja, where they hoped to submit the requested documents on Wednesday.
Read more »
JAMB: We are not responsible for HND admissionsThe Joint Admissions and Matriculation Board (JAMB) has clarified that the board is not involved in the admission process for HND students.
Read more »
Benue assembly approves N6.6bn for conduct of LGA pollsThe Benue state house of assembly has approved N6.644 billion for the conduct of LGA elections in the state.
Read more »
Polytechnic students association meets with JAMB over NYSC mobilisationThe association's president led a team to JAMB Headquarters in Bwari, Abuja, on Friday appeals to JAMB to address NYSC irregularities
Read more »
Oloyede: JAMB not responsible for non-mobilisation of some HND students for NYSCIshaq Oloyede says JAMB is not to blame for the non-mobilisation of some HND graduates for the NYSC scheme.
Read more »