The Joint Admissions and Matriculation Board (JAMB) has announced the remittance of over ₦6 billion to the Nigerian government for the year 2024.
In its weekly bulletin released on Monday, Dr. Fabian Benjamin, JAMB’s Public Communication Advisor, revealed that the board generated a total income of ₦22,996,653,265.25 during the year. Out of this amount, ₦6,034,605,510.69 was remitted as operating surplus.
Additionally, JAMB highlighted that a ₦1,500 reduction in Unified Tertiary Matriculation Examination (UTME) form fees for candidates effectively increased its contribution to ₦9,013,068,510.69 when factored in.
The board noted that this achievement was part of its commitment to transparency and accountability under the leadership of its Registrar/Chief Executive, Prof. Is-haq Oloyede. Over the past seven years, JAMB has contributed over ₦50 billion to the national treasury.
The bulletin stated, “In 2024, the board generated a total income of ₦22,996,653,265.25 and remitted ₦6,034,605,510.69 to the government. Including the UTME fee reduction for candidates, the total effective remittance would amount to ₦9,013,068,510.69.”
JAMB attributed the remittance to the successful conduct of the 2024 UTME, further reaffirming its dedication to fostering transparency and supporting national development.
