In recent JAMB update a total of N7bn Greed been remitted to the FG for 2020 UTME as revealed by the JAMB Head of Media, Dr Fabian Benjamin.

The Joint Admissions and Matriculation Board in recent Update has made a remittance of N7bn to the Federal Government, as part of the excess funds generated in the 2020 UTME.

The board which stated on Sunday that it has made “an interim remittance of N3.5bn to the Federal Government’s consolidated account,” which was added to an initial N3.5bn which was raked in from the UTME candidates by way of the reduction of the cost of electronic PINs as approved by the Federal Government.

Registrar, Prof. Is-haq Oloyede, had directed that more remittances of funds be done by the board and a “proper audit of JAMB books be carried out.”

Source:
https://www.tribeng.com/2020/05/04/jamb-update-total-of-n7bn-remitted-to-fg-for-2020-utme/