JAMB remitted N 7.8 billion to the Federal Government coffers from the sales of examination forms for the 2017 UTME.
The Registrar of the Joint Admission and Matriculation Board (JAMB), Prof Is-haq Oloyede has said that the exam body expects more than two million candidates to sit for the 2018 UTME.
Speaking during a media briefing in Ilorin on Monday, January 1, 2018, the Registrar announced that 1.7 million candidates sat for the Unified Tertiary Matriculation Examination in 2017.
After deducting its expenses, Oloyede further announced that JAMB remitted N 7.8 billion to the Federal Government coffers from the sales of examination forms for the 2017 UTME.
The Registrar added that it was possible for JAMB to remit such amount because the Board blocked loopholes and checked wastages.
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However reacting to the insinuation that the Board increased examination fee to generate more income last year, Oloyede said JAMB only reduced the amount payable for the examination.
He added that the agency also reduced the amount paid for exam by foreign applicants.
JAMB to conduct mock exams for UTME candidates this month
Meanwhile, the exam body has also announced its readiness to conduct optional mock examination for UTME candidates in January.
The board made the announcement in a statement signed by its Head of Media, Mr Fabian Benjamin on Sunday, December 31, 2017 in Abuja.