The National Assembly Joint Committee on Finance has threatened to eliminate the Federal Government’s grant to the Joint Admissions and Matriculation Board (JAMB) in the 2025 budget due to concerns over excessive spending.
This development followed the presentation of JAMB’s 2025 budget proposal by its Registrar, Prof. Ishaq Oloyede, to the Senate and House of Representatives Joint Committee. During the presentation, Oloyede revealed that JAMB remitted N4 billion to the Consolidated Revenue Fund in 2024 but received a grant of N6 billion from the Federal Government.
GALAXY TV reports that the revelation drew sharp criticism from committee members, including Rep. Abiodun Faleke and Senator Adams Oshiomhole.
Faleke questioned why JAMB, a self-sustaining agency, should rely on government funding, just as he queried why it kept the N4 billion and still receiving government allocations
Oshiomhole also criticized JAMB’s expenditures, highlighting N1.1 billion spent on meals and refreshments, N850 million on security and cleaning, and N600 million on local travel in 2024. He demanded explanations for the N6.5 billion allocated for local training, remarking among others.
The committee urged JAMB to justify its spending and reconsider its reliance on government grants.
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