he Joint Admissions and Matriculation Board (JAMB) is set to go totally cashless in its registration process beginning with the 2022 Unified Tertiary Matriculation Examination (UTME).
This was contained in the JAMB’s weekly news magazine, JAMBULLETIN published on Monday.
With the adoption of a new system, JAMB would be collecting the approved N700 registration fee on behalf of the various Computer-Based Test (CBT) centres along with its UTME registration fees.
In its weekly bulletin, issued on Monday and obtained, the examination body said the money due to each registration centre would be remitted to relevant bank accounts on a weekly basis or any timeframe acceptable to the centre owners.
JAMB said its decision to go cashless in the UTME registration exercise would put an end to some of the fraudulent activities of some CBT centres, who charge candidates above stipulated fee.
“This laudable step was borne out of a painstaking review of the entire UTME registration process which has revealed some unethical and unacceptable practices by many Computer-Based Testing (CBT) centres,” the bulletin reads in part.
JAMB had said it has remitted the sum of N3.51b to the national treasury, as part of its 2021 operating surplus. Fabian Benjamin, JAMB Spokesperson made this disclosure on Tuesday, November 2, in Abuja.
The 2021 remittance was part of Prof. Ishaq Oloyede’s avowed commitment to prudent management of public resources. The Board as led by Prof Ishaq Oloyede would continue to prune down the cost of governance and release resources for other needy national prioritized areas.
Similarly, the examination body on Monday, November 8, defended the remittance of its operating surplus to the federal government accounts.
The board said it will continue to remit its excesses in line with global best practices to the federal government. JAMB in a statement signed by its head of public affairs, Fabian Benjamin, said its action to remit proportion of its operational surplus is also line with the extant government’s directive on the remittances.