During JAMB’s 2025 budget defense session before the National Assembly Joint Committee on Finance, Oshiomhole asked the registrar, Prof. Ishaq Oloyede, to explain the N850 million spent on security, cleaning, and fumigation in 2024.
“You spent N1.1 billion on meals and refreshments. Are you being freely fed by the government? What this means is that you are spending money generated from poor students, many of whom are orphans,” Oshiomhole stated. “You also spent N850 million on security, cleaning, and fumigation. What did you fumigate? Was it mosquitoes that consumed all this money?”
He also criticized JAMB for spending N600 million on local travel.
Prof. Oloyede revealed that JAMB remitted N4 billion to the Consolidated Revenue Fund in 2024 while receiving a grant of N6 billion from the Federal Government.
Chairman of the House Committee on Finance, Abiodun Faleke, questioned JAMB’s reliance on federal allocations despite being a revenue-generating agency.
“You remitted N4 billion and received N6 billion from the government. Why not retain the N4 billion and end government funding for JAMB?” Faleke asked.
The lawmakers suggested that JAMB’s budgetary allocation might be removed in the future unless it justifies its dependence on government funding.
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