JAMB Releases Financial Outflow Report

During the specified period of June 15-21, JAMB incurred expenditures in several categories aimed at supporting its operational functions and ensuring effective service delivery.

JAMB Releases Financial Outflow Report

The Joint Admissions and Matriculation Board (JAMB) has disclosed its financial outflow for the period of June 15 to June 21, 2024, detailing expenditures totaling 241,869,530 Naira across various operational aspects.

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During the specified period, JAMB incurred expenditures in several categories aimed at supporting its operational functions and ensuring effective service delivery. The breakdown of expenditures is as follows:

  • Various Expenditure Claims for Staff: Amounting to 9,807,210 million naira, these claims cover essential expenses related to staff welfare and operational support.
  • Supervision of Supplementary 2024 UTME: A significant portion of 59,293,940 million naira was allocated for the supervision and management of the supplementary Unified Tertiary Matriculation Examination (UTME) conducted recently.
  • e-Pin Agents Refund of Deposits on 2024 Unsold DE: JAMB refunded deposits amounting to 166,227,580 million naira to e-Pin agents for unsold Direct Entry (DE) forms for the year 2024, reflecting the board's commitment to fair business practices.
  • Value Printer Promoters (Purpose: CSR): A sum of 6,000,000 Naira was allocated for Corporate Social Responsibility (CSR) activities through the promotion of value printers, aligning with JAMB's community engagement initiatives.

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  • Internet Subscription for Airtel Network: Expenditure of 300,800 Naira was allocated for internet subscriptions on the Airtel network, supporting JAMB's communication and online services.
  • Internet Subscription for MTN Nigeria Communication: A total of 240,000 Naira was spent on internet subscriptions with MTN Nigeria, ensuring reliable connectivity for operational needs.
  • Remitta Financial Charges: JAMB incurred financial charges amounting to 103,350 Naira related to Remitta services, facilitating efficient financial transactions.