• Latest
  • Trending
  • All
2025 budget: NASS To Remove JAMB From FG Grant

2025 budget: NASS To Remove JAMB From FG Grant

January 14, 2025
Yayi and the Mind Game, Inside Dapo Abiodun’s Strategic Calculations

Yayi and the Mind Game, Inside Dapo Abiodun’s Strategic Calculations

February 19, 2026
Unity–Providus Merger Gathers Momentum, Poised for Successful Completion

Unity–Providus Merger Gathers Momentum, Poised for Successful Completion

February 19, 2026
NCC Engages Stakeholders To Rejig Telecoms Policy

NCC Engages Stakeholders To Rejig Telecoms Policy

February 18, 2026
Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

February 18, 2026
Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

February 18, 2026
Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland

Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland

February 14, 2026
SCID Lagos honours 15 Retired Police Officers 

SCID Lagos honors 15 Retired Police Officers 

February 14, 2026
Odu’a Investment Unveils 30 By 2030 Growth Agenda

Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda

February 12, 2026
Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

February 12, 2026
Why I Regret Strained Relationship with My Late Dad - Actor

Why I Regret Strained Relationship With My Late Dad – Actor

February 12, 2026
Why Youths Must Embrace Agriculture More

Why Youths Must Embrace Agriculture More – ArcView MD

February 12, 2026
FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

February 12, 2026
UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

February 11, 2026
ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

February 11, 2026
How to Foster Speedy Regional Dev't in Nigeria – Osinbajo

How to Foster Speedy Regional Dev’t in Nigeria – Osinbajo

February 11, 2026
Global Clusters Targets 37m youths digital literacy with SparkHubs

Global Clusters Targets Digital Literacy for 37m Youths with SparkHubs launch

February 11, 2026
Thursday, February 19, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

2025 budget: NASS To Remove JAMB From FG Grant

by Reporter theconscienceng
January 14, 2025
in News
0
2025 budget: NASS To Remove JAMB From FG Grant
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

images 1 8 1

2025 budget: NASS To Remove JAMB From FG Grant

THE National Assembly, comprising the Senate and House of Representatives, has threatened to remove the Joint Admissions and Matriculation Board, JAMB in the 2025 budget proposal, saying it was unjustifiable for the board not to remit N4billion to the federation account, despite getting N6bn from the Federal Government in 2024.

According to NASS, the federal government should stop giving JAMB grant and allow it spend what it generates.

The position of the joint committee of NASS was sequel to the presentation by JAMB Registrar, Prof Ishaq Oloyede, who appeared before the committee, led by Senator Sani Musa, APC, Niger East, to defend the agency’s 2025 budget proposai at an interactive session on ministries, departments and agencies, MDAs’ revenue projections for 2025.

Giving a breakdown of the performance of JAMB’s 2024 budget, Oloyede told the lawmakers that the board remitted N4billion to the consolidated revenue fund, while it got a grant of N6billion from the federal government.

READ MORE:  JAMB Orders Candidates To Re-Upload O’Level Results For 2025 Admission

This did not go down well with the committee as some members, including Abiodun Faleke and Senator Adams Oshiomhole, APC, Edo, questioned why a self-funding agency should be getting allocations from the federal government.

“You remitted N4billion and got N6billion from the federal government. Why not keep the N4billion and we stop the government from funding JAMB,” the Chairman, House Committee on Finance, Faleke queried.

On his part, Oshiomhole queried: “You spent N1.1billion on meals and refreshment. Are you being freely fed by the government? What this means is that you are spending the money you generate from poor students, many of them orphans.

“You also spent N850million on security, cleaning and fumigation in 2024.What did you fumigate? Is it mosquitoes that took all this money?

Justify spending N850m to kill mosquitoes, cleaning, Oshiomhole tells JAMB
NASS threatens to cut JAMB funding over N1billion spent on meals, refreshments
The former Edo State governor also slammed JAMB for spending N600million on local travels, even as he called on Oloyede to justify the N6.5billion on local trainings;

READ MORE:  Over Two Million Candidates Registered For 2025 UTME – JAMB

N1billion on staff housing scheme, maintenance of vehicle and refurbishment, N75m, among others.

Earlier, chairman of the committee, Senator Musa expressed concerns over low remittances of revenues generated in 2024 by ministries, departments and agencies, MDAs, and some government-owned enterprises, GOEs, to the federation account.

The MDAs at the meeting included Nigeria Customs Service, NCS, Federal Road Safety Commission, FRSC, and Joint Admissions and Matriculation Board, JAMB.

Senator Musa noted that the Senate was deeply worried about the widening disparity between the substantial revenues accruable to the MDAs and their consistently low remittances to the federation account.

He said: “This trend undermines the government’s capacity to fund critical infrastructure and social services, calling to question issues of inefficiency, mismanagement and possible revenue leakages.”

According to him, the committee’s mandate is to ensure transparency, accountability and efficiency in the financial operations of the agencies.

READ MORE:  FirstBank Drives Landmark Innovation with First Humanoid Robot for Customers

He also said the committee would continue to scrutinise MDAs’ revenue projections, performance and adherence to statutory remittance obligations.

Musa, who explained that the session was to identify systematic doubts and recommend actionable results to reverse the troubling patterns, however, sought the cooperation and understanding of all stakeholders at the interactive session.

He said it was imperative that accurate data, comprehensive records and open data were presented for the benefit of Nigerians.

“Let us approach these tasks with a shared commitment to building a stronger, more accountable fiscal framework for Nigeria.

“I call on all of us to please be very open on all those areas that we know, even if they are not presented to us,” the lawmaker said.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: JAMBNASS
ShareTweet
Previous Post

FG Announces Two Savings Bonds

Next Post

FG Urges Bold Reform, Smarter Investments For Economic Growth

Reporter theconscienceng

Reporter theconscienceng

Related Posts

Unity–Providus Merger Gathers Momentum, Poised for Successful Completion
Business

Unity–Providus Merger Gathers Momentum, Poised for Successful Completion

by TheConscience NG
February 19, 2026
NCC Engages Stakeholders To Rejig Telecoms Policy
Tech

NCC Engages Stakeholders To Rejig Telecoms Policy

by TheConscience NG
February 18, 2026
Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes
Business

Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

by TheConscience NG
February 18, 2026
SCID Lagos honours 15 Retired Police Officers 
News

SCID Lagos honors 15 Retired Police Officers 

by TheConscience NG
February 14, 2026
Why Youths Must Embrace Agriculture More
News

Why Youths Must Embrace Agriculture More – ArcView MD

by TheConscience NG
February 12, 2026
FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre
News

FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

by TheConscience NG
February 12, 2026
Next Post
FG Urges Bold Reform, Smarter Investments For Economic Growth

FG Urges Bold Reform, Smarter Investments For Economic Growth

No Result
View All Result

Recent Posts

  • Yayi and the Mind Game, Inside Dapo Abiodun’s Strategic Calculations
  • Unity–Providus Merger Gathers Momentum, Poised for Successful Completion
  • NCC Engages Stakeholders To Rejig Telecoms Policy
  • Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes
  • Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d