The National Assembly Joint Committee on Finance has warned that it may discontinue the Federal Government’s grant to the Joint Admissions and Matriculation Board (JAMB) in the 2025 budget due to concerns over excessive spending.
This was the resolution after the Registrar of JAMB, Prof. Ishaq Oloyede, presented the agency’s 2025 budget proposal to the Joint Committee comprising members of the Senate and House of Representatives.
Oloyede disclosed that while JAMB remitted N4 billion to the Consolidated Revenue Fund in 2024, it also received a N6 billion grant from the Federal Government.
This raised concerns among committee members, including Rep. Abiodun Faleke and Senator Adams Oshiomhole, who questioned the justification for allocating government funds to JAMB, which is supposed to be a self-sustaining agency.