KEY POINTS

• NASS Joint Committee clears JAMB of financial impropertries allegations.
• The financial records of JAMB thereafter reveal proper management of the available financial resources.
• We equally thank Registrar, Professor Ishaq Oloyede, for financial responsibility.

The Nigeria National Assembly Joint Committee on Finance has cleared the Joint Admission and Matriculation Board (JAMB) of any wrongdoing over allegations of shady deal involving huge sums of money after serious scrutiny of the board’s account.

The allegations came out during the defence of the budget when JAMB should have spent one billion one hundred and one million naira for meals and eight hundred and fifty million naira for fumigation.

The committee urged JAMB’s Registrar, Professor Ishaq Oloyede, to come back with extra details on the funds wanted for 2024 and 2025.

Findings and exoneration

In its response during the resumed sitting of the committee, the committee in a letter written and signed by the chairman however agreed that and accepted the fact that the records of accountability for the funds and resources as used prudently by the management of JAMB without embezzlement.

“To be specific, the documentation received from JAMB points to the fact the items mentioned as part of the Board’s expenditure during the hearing on Monday do not paint a picture of either embezzlement or misuse of funds,” the statement stated.

The committee applauded the leadership of Professor Oloyede especially his quest for financial discipline and accountability. “They should commend the Registrar for showing strong financial responsibility and prudence in the management of the Board’s resources well.

This level of stewardship sets a tone to other public institutions across the nation,” the statement ended.

A decade model of financial accountability

Specifically, JAMB’s management under the leadership of Professor Oloyede has also being acknowledged for his effort on the integrity and prudent use of resources.

The clarification from the National Assembly Joint Committee affirms this board as a model for the financial discipline in the public institution.

This resolution has really emphasized the need for proper scrutiny in maintaining integrity of public entities and there head.