Prof Oloyede also disclosed that the examination body returned N7.8 billion to the Federal Government coffers from the proceeds of examination forms sold in 2017, according to multiple news outlets.
Side note: Is the exam now a profit-making venture? Which is a shame seeing how many families struggle to come up with the required fees.
He stated that the fund was sourced from the N12billion income made during the year.
The JAMB boss disclosed this to reporters at the weekend in Ilorin, the Kwara state capital.
He said contrary to the insinuations in some quarters that the board increased the examination fee, which enabled the milestone, the JAMB boss said the agency rather made some reductions in the fee payable for the examination.
We are stumped by this one. If the examination was administered at a discount, how did they manage to turn a profit? JAMB Question that one.
Oloyede stated that the agency introduced Central Admission Processing System (CAPS) in the bid to address the imbalance observed in the admission process for the applicants.
He also stated that the board had expanded its facilities by spending N1billion last year, adding that 15,000 centres would be created for prospective UTME candidates this year.
He says: “We have conducted the first exams with the new technology in 2017 and now we have started selling the registration forms for 2018 UTME.
“At that time many people were saying only one month for JAMB registration. Some genuinely and some mischievously. The genuine ones wondered to register about 200 million candidates is too short a period. To me, I believe that is the right way to go. For example, prior to 2016, we used to sell JAMB for between five and six months in theory, but practice we sell 90 percent of the form in 30 days.
“Because many people did not have the fact of the new method, even the National Assembly, they say we should extend it to two months.
“Within the last one year students across the country had paid over N300 million to JAMB for a change of names for wrong spelling at the CBT centres.”
Why would JAMB charge for a change of name? Sounds unfair to us. It’s not like it’s costing the body anything to effect the change since it’s done electronically. Correct us if we are wrong in our assumption.
Imagine
charging for change of name
shame, shame, shame? SHAME!
I had to change my name, I paid 4k and it wasn’t even changed. Even those that changed institution had the same complaint. Jamb is messed up I swear
No!! its actually 2million x N5500=N11billion. No wonder they are so happy.our politicians should be smiling bout this by now.