National Assembly Joint Committee on Finance, Monday threatened to stop the Federal Government’s grant to the Joint Admissions and Matriculation Board in the 2025 budget proposal.

The position of the committee was informed by the presentation made by JAMB Registrar, Prof Ishaq Oloyede, who appeared before the Joint Committee of the Senate and House of Representatives to defend the agency’s 2025 budget proposal.

Giving a breakdown of the performance of the JAMB’s 2024 budget, Oloyede said the agency remitted N4bn to the Consolidated Revenue Fund, while it got a grant of N6bn from the Federal Government.

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

“You remitted N4bn and got N6bn from the Federal Government. Why not keep the N4bn and we stop the government from funding JAMB,” the Chairman, House Committee on Finance, Faleke asked.

“You spent N1.1bn on meals and refreshments. 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 N850m on security, cleaning and fumigation in 2024. What did you fumigate? Is it mosquitoes that took all this money”, Oshiomhole queried.

The former Edo State Governor also slammed JAMB for spending N600m on local travels even as he called on Oloyede to justify the N6.5bn on local training.

Details later…