Proposed increment of Jamb registration fees has been reject by the House of Representatives.
The House Committee on Finance on the Medium Term Expenditure Framework (MTEF) yesterday rejected a proposal by the Joint Admissions and Matriculation Board (JAMB).
JAMB Registrar, Prof. Ishaq Oloyede, who appeared before the committee on Wednesday, had said given the economic realities, the Board should be allowed to revert to the N5,000 fee from the current N3,500.
But the deputy chairman of the committee, Saโidu Musa Abdulahi (APC, Niger), said reverting to the N5,000 fee would transfer the burden of operations to applicantsโ parents and guardians.
Oloyede had said: โWeโre comfortable to be taken off the budget, but there are conditions. One of the conditions for example, when students registered in 2016, we collected N5,000 and that had been on for 5 years before I joined. When we came in, we remitted N7.5bn. We felt it was too much and approached the federal government to reduce the fees. Weโve not added a kobo since.
โI believe we should revert to the N5,000 we were charging. Given the inflation, if we charge N10,000, Iโm just giving it as example, nobody will ask the federal government for one kobo. Iโm not aware of anywhere in the world, except maybe Finland, that charges as low as JAMB is charging. In Finland, we know that everything is free.โ
Oloyede also asked the National Assembly to grant financial autonomy to JAMB and remove it from the annual national budgetary allocation.
On the plan by the governmentโs borrowing plan, he said: โWeโre hearing that youโre planning to borrow billions. Weโre all going to sink at the end of the day. If thereโs any way anybody believes he can save this country, we should start doing that. The earlier we start, the better for us.โ
The committee commended Oloyede for the prudence and transparency in managing JAMBโs affairs.