The Joint Admission and Matriculation Board has disclosed that it
made N840 million in the last week of the 2019 UTME registration
period; that is between February 15 and 21, 2019 as revenue. It was
gathred that the sum was generated through the ongoing registration
for the 2019 Unified Tertiary Matriculation Examination (UTME) and
other sources including sale and use of its electronic facilities.
According to the board, N55,392,973 was made from the use of its
electronic facilities; N758,000,000 from UTME registration,
N24,073,710 as service charges by the CBT centres N3,162,720 from
consultancy service and N16,000 from other sources.
It, however, noted that within the week, it recorded an expenditure of
N97,052,298 million through its expenses on staff claims, payment for
utilities, taxes among others.
At the close of sales of form on Thursday Feb 21st, 2019, over one
million candidates had registered for the 2019 UTME.
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