JAMB Generated N188.5m, Spent N86.7m in 7 days

The Joint Admissions and Matriculation Board (JAMB) said it generated a total of N188,542,400 between September 30 and October 6, 2023.

This is contained in the Board’s Weekly Bulletin published on October 16 2023.

Giving a breakdown of the financial inflow and outflow recorded under the seven days period, in line with the transparency policy of its Registrar, Prof. Ishaq Oloyede, the Board said N86,709,570:38 was also spent during the same time.

While the bulk of the money generated was through E-facilities/sales and consultancy, JAMB revealed that staff claims, supervision of third party examinations, Corporate Social Responsibility, among others, accounted for the financial outflow.