The Joint Admission and Matriculation Board (JAMB) made revenue worth N8.453billion from the sales of forms to applicants seeking admission into tertiary institutions in Nigeria.
According to a top official of the Board who told PREMIUM TIMES on Friday that the revenue came from payments made by 1,602,762 candidates who registered for the Unified Tertiary Matriculation Examination (UTME) held across the country in March.
It was also reported that part of the revenue also came from registration fees paid by 135, 670.00 Direct Entry (DE) candidates.
The official asked not to be named because he did not obtain official permission to divulge the details to journalists.
Each of the total 1,798,438 UTME and direct entry candidates paid N5,500 for the forms out of which N4,700 goes to JAMB’s coffers while N800 is remitted to banks and suppliers of reading texts to applicants, the official further explained.