{"id":130483,"date":"2024-09-10T11:41:54","date_gmt":"2024-09-10T10:41:54","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/reps-order-jamb-to-remit-n3bn-to-fg"},"modified":"2024-09-10T12:57:16","modified_gmt":"2024-09-10T11:57:16","slug":"reps-order-jamb-to-remit-n3bn-to-fg","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg","title":{"rendered":"Reps order JAMB to remit N3bn to FG"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to the Federal Government Consolidated Revenue Fund (CRF).<\/p>\n<p>Rep. Bamidele Salam, the Chairman, Public Accounts Committee, who gave the order during an investigative hearing in Abuja, said that the remittance was not one that is subject to personal interpretation.<\/p>\n<p>He said that it was a matter of law or regulation, and had nothing to do with the difference between the 25 percent and 50 percent as argued by JAMB.<\/p>\n<p>The Committee unanimously ordered that JAMB should pay the sum to the Fiscal Responsibility Commission, FRC, and provide evidence of the remittance within 30 days.<\/p>\n<p>Recall that the FRC had dragged JAMB before the committee over unremitted operating surplus.<\/p>\n<p>Mr Bello Aliyu, the representative of FRC, said that as of 2021, and in agreement with the record submitted to the Committee, the liabilities were N390.725 million.<\/p>\n<p>According to him, \u201cafter the submission of that report, JAMB has submitted their 2022 audited financial statement; we have computed the liabilities and duly informed them.<\/p>\n<p>\u201cThe new liability as of 2022 is N3.602 billion. We have notified them via our letter written on March 14, and another reminder, which we just submitted as of August 31.\u201d<\/p>\n<p>\u201cThere was no response to the letter from the board,\u201d he said.<\/p>\n<p>Mr Mufutau Bello, Director, Finance and Administration, JAMB, while reacting to the allegation, said that the difference in remittances figure was that FRC wanted to move the board to 50 per cent of revenue.<\/p>\n<p>\u201cAs an organisation in 2019, because of our commitment to revenue remittance, the Federal Government reduced the cost of our registration from N5,000 to N3,500,\u201d he said.<\/p>\n<p>This, according to him, was for the benefits of all Nigerians, \u201cas we have been following with passion a remittance of 25 per cent on a yearly basis, and we are in the education sector.<\/p>\n<p>\u201cWe have not increased any of our charges in the last 8 years; rather, we reduced the fee from N5000 to N3500, which is 30 per cent of our revenue.\u201d<\/p>\n<p>\u201cThe Accountant-General always gives us the concession to operate 25 per cent of remittances,\u201d he said.<\/p>\n<p>He said that the FRC believed that the board should move to 50 per cent, as against the 25 per cent concession given by the Office of the Accountant-General, which is the area of difference.<\/p>\n<p>\u201cIf you judge us on 25 per cent, we have over-remitted over the years, and that\u2019s what we have been doing,\u201d he said.<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to the Federal Government Consolidated Revenue Fund (CRF). Rep. Bamidele Salam, the Chairman, Public Accounts Committee, who gave the order during an investigative hearing in Abuja, said that the remittance was not one that is [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":130481,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[610,254,1589],"class_list":["post-130483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-jamb","tag-nigeria","tag-reps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reps order JAMB to remit N3bn to FG - Nigeria<\/title>\n<meta name=\"description\" content=\"The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reps order JAMB to remit N3bn to FG\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion to t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-10T10:41:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-10T11:57:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/09\/sm_1725956801.249256.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Reps order JAMB to remit N3bn to FG\",\"datePublished\":\"2024-09-10T10:41:54+00:00\",\"dateModified\":\"2024-09-10T11:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/09\/sm_1725956801.249256.jpg\",\"keywords\":[\"JAMB\",\"Nigeria\",\"Reps\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-order-jamb-to-remit-n3bn-to-fg\",\"name\":\"Reps order JAMB to remit N3bn to FG - 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