President Muhammadu Buhari has ordered the probe of former management of the Joint Admission and Matriculation Board, JAMB, over what it called poor remittances in the past.
This is as the current leadership of JAMB has for the first time remitted N5 billion to the coffers of the government with a balance of N3 billion still to be remitted compared to maximum N3 million per annum remitted in the past.
Briefing State House correspondents after the weekly Federal Executive Council, FEC, meeting, the Minister of Finance, Kemi Adeosun disclosed that JAMB in July announced the remittance of N5 billion to the Federal Government which happens to be the highest so far in the last 40 years of its existence.
“The highest amount that JAMB has ever remitted to the consolidated revenue fund before this management was N3 million. This year so far they have done N5 billion and the minister of education reported that they have additional N3 billion that they are ready to remit which will take this year’s figure alone to N8 billion.
“Now they have not increased their charges nor their fees. So the question that Council members were asking was that where were all these monies before? So the directive was given that we must call those who were the heads of those agencies and similar ones to account and that is what we intend to do.