This year alone the new management of JAMB has remitted close to N8 billion naira to the Federal government account without increasing their charges or their fees. So, the BIG question from the council members was that where were all these monies before?
According to Daily Trust, The Federal Government has ordered an investigation into allegations of “massive” corruption in the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Joint Admission and Matriculation Board (JAMB).
The investigation was approved yesterday during a cabinet meeting presided over by President Muhammadu Buhari.
Minister of Finance, Kemi Adeosun, who disclosed this to State House correspondents, described the looting in both agencies as massive.
She, however, did not say who, or which agency will carry out the probe.
Adeosun said the leakages had been blocked and it had helped the government to get funds to finance projects needed to stimulate the economy.
She said records showed that before the change in management, the highest amount ever remitted annually by the JAMB was N3 million.
She however said the new management this year alone remitted N5 billion with another N3 billion ready for remittance.
Adeosun said the cabinet resolved that the past managements of the NIMASA and JAMB should be called to account.
The minister added that other undisclosed revenue agencies would also be investigated.
She said: “We reported on the progress made by a number of our agencies some of whom have reported very significant increases in the amount paid into the consolidated revenue fund.
“Council discussed JAMB which recorded significant progress and NIMASA as well as others, and gave us the charge to really go and look at these agencies, look in some cases the past managements of those agencies and see where those agencies were leaking and to encourage agencies that haven’t done so to continue with efficiencies.
“The highest amount that JAMB has ever remitted to the consolidated revenue fund before this management was N3 million. This year, so far, they have done N5 billion and the minister of education reported that they have additional N3 billion that they are ready to remit which will take this year’s figure alone to N8 billion.
“Now, they have not increased their charges or their fees. So, the question that council members were asking was that where were all these monies before?
Get more stuff like this
in your inbox
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.