By John Joseph
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The Joint Admissions and Matriculation Board (JAMB) has announced that it generated a total income of N22,996,653,265.25 in 2024, with N6,034,605,510.69 remitted to the federal government as part of its operating surplus.
This significant remittance is a testament to JAMB’s commitment to transparency and accountability in its financial dealings. Breakdown of JAMB’s Income and Expenditure
In 2024, JAMB spent N18,198,739,362.68 on conducting the Unified Tertiary Matriculation Examination (UTME), payments to service providers, and covering essential operational costs, including staff claims totaling N2,119,571,022.88.
Over the past seven years, JAMB has contributed over N50 billion as operating surplus to the national treasury, demonstrating its commitment to supporting the federal government’s initiatives.
JAMB’s efforts have not gone unnoticed, as the board has received commendation from President Bola Tinubu, who praised the board’s exemplary leadership and prudent management of resources.
Additionally, the Bureau of Public Service Reforms (BPSR) has rated JAMB highly on its performance index using its Self-Assessment Tool (SAT).
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