The Joint Admission and Matriculation Board is seeking the support of the House of Representatives’ Committee On Finance to grant it financial autonomy by removing it from the list of the ministries, departments and agencies in the annual budget of the Federal Government.
Registrar of JAMB,Prof. Ishaq Oloyede made the request on Wednesday in Abuja during a public hearing on the proposed 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper organised by the committee.
Oloyede also called for reversal of the recent reduction of examination fee from N5,000 to N3,500 for the agency to financially Independent of government's budgetary provision
The Registrar recalled that JAMB did a downward review in 2017 after remitting N7.5bn revenue.
He noted that the amount charged for registration was reduced from N5,000 to N3,500. He said given the current economic realities, the government should allow JAMB to revert back to N5,000 and be autonomous.
According to him, no country except Finland charges as low as Nigeria, stressing that no country funds such an examination body fully.
“There is nowhere that government funds this type of examination. They actually provide some support for the institution because students pay some token as registration fee; and from it, they bear the responsibility of salaries and provide some succours".
“We are comfortable to be taken off the budget but there are conditions. One of the conditions, for example, when students registered in 2016, we collected N5,000 and that had been on for five years before I joined (JAMB).", he stated
When we came in, we remitted N7.5bn. We felt it was too much and approached the Federal Government to reduce the fees. We have not added a kobo since, Oloyede further stated
“I believe we should revert to the N5000 we were charging. Given the inflation, if we charge N10,000 – I am just giving it as example – nobody will ask the federal government for one kobo, he stressed .
“I am not aware of anywhere in the world, except maybe Finland— that charges as low as JAMB is charging. In Finland, we know that everything is free.
“We are hearing that you are planning to borrow billions. We are all going to sink at the end of the day. If there is any way anybody believes he can save this country, we should start doing that. The earlier we start the better for us.”
The committee’s Deputy Chairman, Saidu Abdulahi, however expressed the concerned of members, saying the lawmakers are concerned about the impact of Oloyede’s proposal on the disposable income of Nigerians
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