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The Registrar of Joint Admission and Matriculation Board, JAMB, Professor Ish’aq Oloyede, has disclosed that the board generated N12 billion in 2017 as income and, after deducting its expenses, had N7.8 billion left which it remitted to government’s coffers. 



Oloyede, who spoke during an interactive session with journalists in Ilorin yesterday, said the board was able to remit such money to the treasury because it blocked loopholes and checked wastages. 

Oloyede said though JAMB is not a money-generating establishment, it is not a money-wasting one. 

He said the board had also devised means to check candidates who do multiple registrations by deliberately writing their names wrongly with the intention to claim the result of the one with the highest score and, thereafter, demand correction of the name claiming that the fault is not theirs. 

Oloyede, who disclosed that 1.7 million candidates sat for the last UTME in 2017, said the board expects two million candidates in 2018.

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