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.

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

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

yazach:


The fact that you Know how much they generate should send you a positive signal.

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

yazach:


The fact that you Know how much they generate should send you a positive signal.

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

rs172:






how is this suppose to be positive....


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


stop being mediocre..