- JAMB Registrar attempted to explain the expenditures, he was unable to do so
- JAMB had been wrongly accused of reckless spending based on the latest documents submitted to the committee
The National Assembly’s joint committee on Finance has cleared the Joint Admissions and Matriculation Board (JAMB) of the financial irregularities it had previously alleged.
On Monday, during a budget defence session with JAMB Registrar Professor Ishaq Oloyede, the committee claimed that the examination body spent N1.1 billion on meals and N850 million on fumigation, among other outrageous expenses.
Although the JAMB Registrar attempted to explain the expenditures, he was unable to do so and was instead asked to provide the committee with information on the Board’s budgetary appropriations and spending for 2024 and 2025.
However, 48 hours later, the chairman of the joint committee, in a personally signed statement, clarified that Professor Oloyede and JAMB had been wrongly accused of reckless spending based on the latest documents submitted to the committee.
The statement, titled: “Clarification on the JAMB Report on Revenue,” reads: “For the purpose of clarity, the comprehensive report provided by JAMB indicates that the line items mentioned during Monday’s hearing on revenue do not suggest any mismanagement or misuse of the Board’s funds.
“On the contrary, the report highlights the responsible and prudent use of resources under the leadership of the Registrar.”
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