- Oshiomhole Attacks Registrar Over Inappropriate Financial Spendings
By Abiola Olawale
The Joint Admissions and Matriculation Board (JAMB) might not get a grant from the 2025 budget.
The indication arose as the National Assembly resolved to remove JAMB from the Federal Government’s 2025 budget grant, citing concerns over the board’s financial management.
This decision followed a presentation by JAMB Registrar, Ishaq Oloyede, before the joint committee of the Senate and House of Representatives, led by Senator Sani Musa, the lawmaker representing Niger East Senatorial District of Niger State in the Senate, during an interactive session on revenue projections for 2025.
During his presentation, Oloyede revealed that JAMB remitted N4 billion to the Consolidated Revenue Fund but received N6 billion from the Federal Government in 2024.
However, following the presentation, lawmakers highlighted the discrepancy between JAMB remitting N4 billion to the federation account while receiving N6 billion in government grants, questioning the need for such high spending on what they consider non-essential items like meals and refreshments.
The joint committee of the National Assembly also pointed out spending of N1.1 billion on meals and refreshments in 2024.
The committee’s scrutiny also extended to other expenses, such as N850 million spent on security, cleaning, and fumigation, and N600 million on local travel.
“You remitted N4 billion and received N6 billion from the Federal Government. Why not keep the N4 billion and stop the government from funding JAMB?” asked Faleke, Chairman of the House Committee on Finance.
Senator Adams Oshiomhole, the lawmaker representing Edo North Senatorial District of Edo State at the Senate also criticized JAMB for spending N1.1 billion on meals and refreshments in 2024.
“Are you being freely fed by the government? This money comes from poor students, many of whom are orphans,” he said.