News
Why Candidates Have To Pay Extra For 2024 UTME- JAMB Registrar

Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof Ishaq Oloyede, has explained that the extra money being paid by candidates was a charge by operators of Computer Based Test (CBT) centres to assuage the high cost of diesel.
This is as he denied that the examination body increased the fees for the Unified Tertiary Matriculation Examination (UTME) for 2024.
He said JAMB only facilitated the process of collecting the payments so that candidates would not be exploited by the operators.
Prof Oloyede said these when he appeared before the House of Representatives Committee on Basic Education at the National Assembly Complex on Wednesday.
The JAMB registrar also knocked some universities for overshooting the number of students approved to be admitted for a session.
This, he said, eventually causes problems for the students.
READ ALSO: JAMB Unveils 10 Fresh Requirements For Foreign Students
He promised to turn over the names of such institutions to the House Committee for further legislative action.
The Registrar also said the examination body was working to recover N4.2 billion owed by Zenith Bank over previous transactions.
He said the matter was being investigated by the Economic and Financial Crimes Commission (EFCC).
He said, “For the CBT centres, I also feel their pain because we also have about 45 of them owned by JAMB directly. We know what they are going through.
“The money is not paid by JAMB but the students themselves. You know N700 for registration and N700 for examination but given the cost of diesel this year, we only allowed them, not that we are paying them because we are collecting from the students and passing to the centres.
“This year we are about announcing. The advertisement is just coming out. We are going to allow them to charge as much as N1500 for UTME because of cost of diesel.
READ ALSO: 2023 JAMB’s Top Performer Gets 8 A’s, 1 B In WAEC
“But you can see the press in the past one week, that JAMB has increased the cost. What we have done is to allow to the CBT centres to charge more than they are charging. But because we are going to collect it for them, why are we collecting it is because if we leave them alone they will extort the students and they will be collecting N4000 or N5000. That is why we said pay to us and we would transfer it to you weekly.
“We have raised it from N700 to N1500 effective from 2024 so as to allow them to recoup. We have not increased JAMB fee. We only allowed this people to charge a better fee by adding to what they are charging but all the newspapers had reported it that we have increased the charges.
Also speaking on the approval given to higher institutions on the number of students to be admitted, he said most of them are admitting more than the approved number.
“We are ready to give you the names and you don’t need to go far. They are many of them around. It is general indiscipline. NUC gives the quota for universities, NBTE gives for polytechnics and NCC gives for Colleges of Education. But unfortunately some of these our people would go and, not only would they get more, they would not disclose the admission until candidates are ready to go on NYSC and they cannot go because without admission letter they can go.
“It is then they would talk about regularisation. How can you regularise what is not regular? So what we are saying is that you have admitted a candidate four years ago, we provided the data for Bureau of Statistics, now suddenly about one million emerged that were not registered at all and people would say it is JAMB who is holding them.
READ ALSO: Job Racketeering: Reps Query JAMB Registrar, Oloyede Over Controversial Employment
“We are holding them because they were not properly admitted. We would provide you a list of such people and you call them. Many of them would write letters of apology this year and they would still do it next year and they would write another letter of apology. You cannot kill them,” he said.
Chairman of the Committee, Hon Oboku Ofoji, urged the Board to reconcile its financial records with the office of the Accountant General of the Federation.
He said the interface with the examination body was not a witch-hunt.
He said it was an effort to improve the educational sector in the country.
“I want to also clear one wrong impression that it is a witch-hunt. This job is about our country and educational sector. so for us to intergface with you and you see all the national television here, to me I was thinking that jamb would appreciate this conversation openly. It goes a long way to inform Nigerians how prepared JAMB is. We all owe Nigerians explanations about our stewardship,” he said.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma
La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria
“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti
Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti
“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
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