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JAMB Makes N8.5 Billion From 2018 Admission Forms - Education - Nairaland

Nairaland ForumNairaland GeneralEducationJAMB Makes N8.5 Billion From 2018 Admission Forms (14145 Views)

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JAMB Makes N8.5 Billion From 2018 Admission Forms by yazach(op): 5:46pm On May 12, 2018
EXCLUSIVE: JAMB makes N8.5billion from 2018 admission forms

The Joint Admission and Matriculation Board generated a princely N8.453billion from the sales of forms to applicants seeking admission into tertiary institutions in Nigeria in 2018, PREMIUM TIMES can authoritatively report.

A top official of the Board told this newspaper Friday morning that the revenue came from payments made by 1,602,762 candidates who registered for the Unified Tertiary Matriculation Examination (UTME) held across the country in March.

Part of the revenue also came from registration fees paid by 135, 670.00 Direct Entry (DE) candidates, our source said. The official asked not to be named because he did not obtain official permission to divulge the details to journalists.

Each of the total 1,798,438 UTME and direct entry candidates paid N5,500 for the forms out of which N4,700 goes to JAMB’s coffers while N800 is remitted to banks and suppliers of reading texts to applicants, the official further explained.

The number of applicants was lower this year following reforms in the application process which effectively blocked multiple registration by candidates. About N1.8million UTME and DE candidates sought tertiary admissions in 2017.

It is not exactly clear how much the Board will remit to the Federal Government this year after settling computer-based test centres, and paying other service providers and exam officials.

In 2017, the examination body paid in N7.8 billion to the government. Our source said the remittance for 2018 will be close to that amount.
https://www.premiumtimesng.com/news/top-news/268042-exclusive-jamb-makes-n8-5billion-from-2018-admission-forms.html

Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 5:49pm On May 12, 2018
I am not surprised.

I was told they have eventually killed the snake that swallows their money every year
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Reximiliano(m): 5:53pm On May 12, 2018
shocked
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 5:56pm On May 12, 2018
Wow that's a large amount of cash�☣️
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 6:28pm On May 12, 2018
The 'snakes' don dey lick their lips.


JAMB is and has always been a fraud. You pass JAMB, no admission, you no pass JAMB, same thing. Can't the govt restructure JAMB to be like SAT?
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by HigherEd:
Why should JAMB be making revenue from applicants? It is just immoral. Why not just charge them the cost of running the exams than using students as a revenue outfit? Yet this same ppl would tell cash strapped universities not to conduct post ume so as not to 'exploit' students. At best any proceed from Jamb should be shared for universities across the country or used to fund a joint university research funding pool. It is simply because of this money they've refused to allow jamb result reusable. The inability to reuse the jamb result has created a quagmire for applicants, thereby worsening people's chances of getting admitted- Jamb is an unnecessary obstacle created so just some greedy ppl can line their pockets.
Lalasticlala
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by yazach(op): 8:36pm On May 12, 2018
HigherEd:
Why should JAMB be making revenue from applicants? It is just immoral. Why not just charge them the cost of running the exams than using students as a revenue outfit? Yet this same ppl would tell cash strapped universities not to conduct post ume so as not to 'exploit' students. At best any proceed from Jamb should be shared for universities across the country.
Lalasticlala
The fact that you Know how much they generate should send you a positive signal.
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by ideology(m): 9:11pm On May 12, 2018
How much was stolenhuh
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by mysteriousman(m): 9:12pm On May 12, 2018
The Registrar is truly an honest man
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by saasala(m): 9:12pm On May 12, 2018
Its not really all that much considering that they will spend more than 3/4 of that amount on the exam.
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by iaamxavier(m): 9:12pm On May 12, 2018
And to think that jamb feels they aren't exploiting students
How can I use 1k to retrieve my registration number?
Regularization 10k
Jamb form 5.5k
Correction of data 2.5k and many
When are we scrapping this rubbish pls
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by femiblaze(m): 9:15pm On May 12, 2018
This is unethical and outright exploitation of innocent school leavers. Government should rather reduce the Jamb exam fee or redistribute the profit to tertiary institutions. There's nothing to justify such exorbitant exploitation for a day exam
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 9:15pm On May 12, 2018
Hope the money is where Animals will not swallow it; instead of swallowing Animals to get to it let swallowing human beings take it.
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 9:15pm On May 12, 2018
HigherEd:
Why should JAMB be making revenue from applicants? It is just immoral. Why not just charge them the cost of running the exams than using students as a revenue outfit? Yet this same ppl would tell cash strapped universities not to conduct post ume so as not to 'exploit' students. At best any proceed from Jamb should be shared for universities across the country. It is simply because of this money they've refused to allow jamb result reusable.
Lalasticlala
Yes Jamb should be able to generate revenue for the government. It is called a Government Business Entity hence they bound to make profit cheesy grin
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Vanpascore(m): 9:16pm On May 12, 2018
What will Oloyede benefit from this exploitation? If he is truly what he claims, let him bring down the registration money in d next exam.
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by LibertyRep: 9:16pm On May 12, 2018
Oj
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by rs172(m): 9:17pm On May 12, 2018
yazach:
The fact that you Know how much they generate should send you a positive signal.
how is this suppose to be positive....


is it a nation pride's to be exploiting it citizens always...


stop being mediocre..
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by imstrong1: 9:17pm On May 12, 2018
At least 1. 5 million applicant register annuall and only one third eventually gets admitted.. am not surprised.. Jamb should be one of the major sources of revenue along sides with fir. nnpc, ncs
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Maxymilliano(m): 9:18pm On May 12, 2018
Definitely a rip off from applicants ...
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by dollarsplenty(m):
It's a good development because it happens in Nigeria
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by lakesider(m): 9:22pm On May 12, 2018
iaamxavier:
And to think that jamb feels they aren't exploiting students
How can I use 1k to retrieve my registration number?
Regularization 10k
Jamb form 5.5k
Correction of data 2.5k and many
When are we scrapping this rubbish pls
Why did you forget your reg number if you are not block head
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Vanpascore(m): 9:24pm On May 12, 2018
yazach:
The fact that you Know how much they generate should send you a positive signal.
Is exam meant to be a source of revenue? He is good to d government at the expense of citizenry
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by caseclosed147(m): 9:26pm On May 12, 2018
nawaoo. money dem for use do better thing. nothing like education.

Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Sammilisticsam: 9:27pm On May 12, 2018
Hmmm
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by noeloge82(m): 9:32pm On May 12, 2018
Not d best
Look at it about 1.8m applied yet less than 300000 will be giving admission why not reduce the no of applicants to 500000 and select d best than posting figures at d expense of poor Nigerians all in d name of IGR
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Pharaoh9(m): 9:32pm On May 12, 2018
STEALING FROM POOR STUDENTS
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 9:35pm On May 12, 2018
femiblaze:
This is unethical and outright exploitation of innocent school leavers. Government should rather reduce the Jamb exam fee or redistribute the profit to tertiary institutions. There's nothing to justify such exorbitant exploitation for a day exam
This is serious , Nigeria my country, all this outcry were lying low when jamb was generating less than 5mill, for GOD sake let's commend this my man effort and ask previous jamb administrators , what have they been doing with monies generated, i
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by nanakgh(m): 9:35pm On May 12, 2018
this jamb is just an extortion scheme
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 9:39pm On May 12, 2018
rs172:
how is this suppose to be positive....


is it a nation pride's to be exploiting it citizens always...


stop being mediocre..
I blame oloyede for not stealing the money like previous register ,aba this man has done well for doing what is right,
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Praktikals(m): 9:39pm On May 12, 2018
This prof Oloyede is sha bent on putting past JAMB heads into trouble
Re: JAMB Makes N8.5 Billion From 2018 Admission Forms by Nobody: 9:40pm On May 12, 2018
h
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