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President Muhammadu Buhari has approved reduction in the cost of Joint Admissions and Matriculation Board (JAMB) Unified Tertiary Matriculation Examination (UTME) form.
TheNewsGuru (TNG) reports President Buhari also approved reduction in the cost of National Examinations Council (NECO), Senior School Certificate Examination (SSCE) and Basic Education Certificate Examination forms.
Minister of Education, Adamu Adamu made this known while briefing the federal executive council, presided over by Vice President Yemi Osinbajo, on Wednesday.
He said the President directed the Ministry to look into the reduction following significant improvement in revenues being remitted to the treasury by the education agencies.
The exam agencies are not meant to be revenue generating bodies, they’re only supposed to cover costs/operating expenses.
The sharp increase in remittances by JAMB, from less than N60m in 2010–2016 to over N15 billion in 2017/18, has shown that the fees being charged could be reduced.
With effect from January 2019 the cost of JAMB UTME form will drop from N5,000 to N3,500, while NECO will drop from N11,350, to N9,850.