How JAMB Made N50bn Profit Within A Year- Fed Govt Reveals

Vice President Kashim Shettima has revealed that Prof Ishaq Oloyede is the first Registrar of the Joint Admission and Matriculation Board to have made over N50bn for the Federal Government within a year.

The Vice President, who represented President Bola Tinubu, disclosed this on Wednesday while speaking during a public engagement organised by the Economic and Financial Crimes Commission.

The dialogue on “Youth, Religion, and the Fight against Corruption” was held at the Musa Yar’Adua Centre, Abuja, where the Fraud Risk Assessment Project for Ministries, Departments, and Agencies was also launched by the EFCC Chairman, Ola Olukoyede.

While speaking on the issue of corruption in the public sector, the Vice President noted that JAMB had never made up to $1m for the Federal Government before Oloyede assumed office.

Shettima said, “One person I always respect is Prof Ishaq Oloyede. Over the years, JAMB never made upto $1m for the Federal Government.

“However, when Prof Oloyede assumed office, JAMB made over ₦50bn for the Federal Government in one year.”
Other dignitaries present at the dialogue were the Attorney General of the Federation, Lateef Fagbemi; a former Minister of Power, Babatunde Fashola; the Ọọni of Ifẹ, Ọba Enitan Ogunwusi; the Sultan of Sokoto, Sa’ad Abubakar; the President, Christian Association of Nigeria; the Chairperson, Nigeria Committee of Vice Chancellors, Professor Lilian Salami; and the Registrar of JAMB, Professor Ishaq Oloyede.