The Nationwide Meeting Joint Committee on Finance has exonerated the Joint Admissions and Matriculation Board of alleged misappropriation of price range in its 2024 finances implementation.
The chairman of the committee, Senator Sani Musa, in a observation on Thursday, mentioned the board was once erroneously accused of reckless spending, given the paperwork submitted to the committee by way of JAMB.
He mentioned the committee, right through the finances defence consultation with the Registrar of JAMB, Prof. Ishaq Oloyede, alleged that the exam frame spent N1.1 billion on foods and N850 million on fumigation, amongst alternative issues.
Sani mentioned the JAMB registrar had made efforts to give an explanation for how the alleged expenditures had been made however was once overruled by way of the committee, including that the committee asked that JAMB provide it with main points of its budgetary appropriation and spending in 2024 and 2025.
Sani mentioned, “Make happen readability, the excellent file equipped by way of JAMB indicated that the sequence pieces discussed right through Monday’s listening to on earnings didn’t recommend any mismanagement or wastage of the board’s price range.
“To the contrary, the file highlighted the accountable and prudent significance of assets underneath the management of the registrar.
“The registrar merits favor for demonstrating monetary self-discipline and responsibility in managing the board’s assets successfully.
“This level of stewardship serves as a model for public institutions across the nation.”
NAN
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