JAMB Generated N52 Million In 40 Years, Under APC It Generated N9 Billion In A Year” – Registrar

The Registrar of the Joint Admissions and Matriculation Board (JAMB) Prof. Is’haq Oloyede has described the large distinction between the income generated by the board in 2017 and that of his predecessors as a mirrored image of power corruption within the system.

He identified that for the reason that inception of the admission physique over 40 years in the past, the entire cash generated had been simply N52m (fifty-two million naira) whereas the board, beneath his management, generated N9bn in 2017 solely.

Oloyede made this disclosure in Osogbo, the Osun State capital, whereas talking as Lead Speaker through the third Colloquium to have a good time Governor Rauf Aregbesola’s birthday, organised by Raufnomics Transformation of Osun, a socio-political group.

He additionally defined that the downward evaluate of JAMB cut-off mark is a necessity attributable to the necessity to curb inequality, by giving stage enjoying floor to candidates.

“Nigeria is dominated by thieves on the helms of affairs, I imply licensed thieves; let me discuss JAMB as an illustration, since over forty years that JAMB has been established, the entire cash generated earlier than we got here in is N52m (Fifty two million naira)

“After we completed our examinations for 2017, we generated N9bn, by which I returned the entire sum of N7.8m to the Federal Authorities.

“Members of the Nationwide Meeting marveled at this feat, they puzzled how I got here in regards to the determine.

“For this yr additionally, I’ve realised over N9bn,” he declared.

Oloyede, who spoke on the theme: “Useful schooling as a instrument for nationwide growth and a gateway to freedom” famous that schooling stays the bedrock of each nation.

He argued that schooling is basically the primary course of by way of which a society regenerates itself, and arms down norms, cultures, and likewise generates wealth.

“You don’t want to make use of bomb to destroy a nation, simply decrease the standard of schooling and permit dishonest by college students in examinations.

“Training, being the artwork of acquisition and utilisation of information can also be an instrument in coaching people purposely to make them socially accountable.

“Useful schooling should geared in direction of the liberation of humanity from poverty and distress.
“All in all, schooling have to be useful earlier than it’s adaptable.”