The Joint Admissions and Matriculation Board (JAMB) has confirmed
that it realized N8.4 billion from the sale of forms for the 2018
Unified Tertiary Matriculation Examination (UTME). JAMB records indicate that at the end of the two-month application
window, it registered 1,662,763 candidates for the 2018 exam, less than
the 1,718,425 candidates who registered for the exam within a month and
two week period in 2017, indicating a 3.2 percent decrease.
The Board had remitted N7.8 billion into the Federation Account, a
figure running short of revenue realized last year from UTME sales.
JAMB Registrar, Prof. Ishaq Oloyede, who confirmed the figure to
newsmen in Abuja on Friday, said that it made other payments to pin
vendors and Computer Based Test (CBT) centres for mock exams and other
services.
“The board realized N8.4 billion from the sale of 2018 Unified
Tertiary Matriculation Examination (UTME) applications.People actually
thought that N5,500 that we collect for UTME application goes straight
to JAMB purse.
“They calculate that by the number of candidates that registered for
the exam and arrive at a figure. But, in actual sense, less than that
enters the purse of JAMB. Others are for expenditures that are needed
for the success of the exam,” he said.
Oloyede, however, declined comment on the amount that would be
remitted into the Federation Account, even though he had earlier hinted
that remittance into the account would be same as last year.